2020 Grassland Pkwy Alpharetta, GA 30004-0507
Property profile & analytics
2020 Grassland Pkwy Alpharetta, GA 30004-0507
- Industrial properties
- 17,188 SF
- 2.81 lot acres
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.
Location Intelligence
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 estimation — 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
