Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

2020 Grassland Pkwy Alpharetta, GA 30004-0507

  • Industrial properties
  • 17,188 SF
  • 2.81 lot acres
OFF-MARKET
Value Estimations
$1,495,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-1361032
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • APGOFGA WATERJET CUTTING METAL FINISHING / Production Facility / Industrial Manufacturer
  • Matworks Ltd / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
  • Snap In Carpets / Carpet & Flooring Store
  • Wilsun Custom Products - Horse Blankets & More / (Bike/Boat/Book/etc) Store
  • Stable Fresh / (Bike/Boat/Book/etc) Store / Pet Store & Service

Property Details for 2020 Grassland Pkwy

Year built
2004
Lot size
2.81 lot acres
Property size
17,188 SF
Zone code
M1
Property type
Industrial properties
APN
040 138
APU
40138

Description

This exceptional 17,500-square-foot distribution facility in Alpharetta, Georgia, presents a rare owner-user opportunity. Located at 2020 Grassland Pkwy, Forsyth County, zip code 30004, this 2004-built industrial building boasts high-quality construction, including masonry exterior, 4 dock-high doors, and one grade-level door, plus ±22' clear heights. The property sits on a substantial 2.81-acre lot (APN 040 138), zoned M1, offering significant expansion capabilities and ample outdoor storage potential—a highly sought-after feature in this market. With a total building square footage of 122,404 square feet and a net rentable area of 17,500 square feet, the asking price is $3,675,000 ($210/sq ft). The land value is $30.02 per square foot. The property benefits from its irreplaceable location within one mile of State Route 9 and close proximity to GA-400, providing excellent access to major transportation arteries. This Alpharetta submarket is experiencing historically low vacancy rates and strong rental rate growth, making this a compelling investment for owner-occupiers seeking a high-quality, strategically located industrial asset with expansion potential. The limited supply of industrial space under 20,000 square feet in this area further underscores the unique value proposition of this property.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,745,000
    6.5%
    $1,610,000
    7%
    $1,495,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,022,000
    Market price range: $638k - $1.70M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $2,410,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Alpharetta
County
Forsyth
State
Georgia
Longitude
-84.2396
Latitude
34.1422
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,279
$168,600
$821,507
$990,107
-
$421,500
$2,053,767
$2,475,267
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message