Property profile

2054 Rex Rd Morrow, GA 30260

OFF-MARKET
Office buildings
Property ID
US22-0006879
1,248 SF 0.73 ac lot Built 1972
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 2054 Rex Road in Morrow, Georgia, presents a compelling investment opportunity. The property encompasses a substantial 3,840 square feet of space, ideally suited for a variety of commercial ventures. Situated on a sizable 0.73-acre lot, the property offers ample room for expansion, parking, or outdoor activities related to the business. The asking price is $450,000, representing a strong value proposition in the current market. The address, 2054 Rex Road, places the property in a high-traffic area, ensuring excellent visibility and accessibility for potential customers. This prime location offers significant potential for growth and profitability. The property's generous size and strategic location make it an attractive option for businesses seeking to establish a strong presence in the Morrow, Georgia market. Serious inquiries are encouraged to explore the possibilities this property offers. The property includes both 2054 and 2064 Rex Road. Further details regarding the property's zoning and potential uses are available upon request. Don't miss this chance to acquire a valuable commercial asset in a thriving location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1972
Total area 1,248 SF
Lot 0.73 ac (31,929 SF)
Zoning code C
APN 12-174D- E-029
UPID US22-0006879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Consultant

Location

2054 Rex Rd Morrow, GA 30260-3971
Morrow metro Census 40407 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2024
Price N/A
2023
Price N/A
2020
$200,000
2020
Price N/A
2006
$250,000

Zoning & alternative use

C · Morrow, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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