1909 Washington Rd East Point, GA 30344
- Investment properties
- 1,073 SF
- 0.17 lot acres
Current Use by Public Records
- MMXIX Studios / Recording Studio
- Muhammad University / College / University
Property Details for 1909 Washington Rd
- Year built
- 1930
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 1,073 SF
- Zone code
- C1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 14 016400050172
- APU
- 14016400050172
Description
This 1,073-square-foot office building, located at 1909 Washington Road in East Point, Georgia (zip code 30344), presents a fantastic owner-user opportunity. Built in 1930 and recently renovated, the property boasts three offices, a reception area, and additional space ideal for storage or a work area. The building sits on a 0.17-acre lot and benefits from ample parking in both the front and rear. Its prime location on a highly trafficked road (average daily traffic count of 13,673) ensures excellent visibility, with monument signage available. The property is zoned C-1 by the City of East Point, Fulton County, and offers a variety of permitted uses, including but not limited to: art galleries, barber shops, brewpubs, banks, childcare centers, churches, convenience stores, and various retail and office spaces. Specific permitted and prohibited uses are detailed in the provided zoning document. The building's convenient location offers easy access to major transportation arteries, being less than two miles from I-85, less than five miles from Hartsfield-Jackson Atlanta International Airport, and less than nine miles from Downtown Atlanta. This is a stand-alone building ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $205,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $195,000
- Mixed-Use
- $180,000
- Hospitality
- $200,000
- Educational
- $180,000
- Residential Income
- $185,000
- Energy
- $220,000
- Income-Based Land
- $170,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- East Point
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4513
- Latitude
- 33.6754
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
