225 Promenade Pkwy Fayetteville, GA 30214
- Distribution centers
- 6,000 SF
- 1.06 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 225 Promenade Pkwy
- Year built
- 2021
- Lot size
- 1.06 lot acres
- Property size
- 6,000 SF
- Zone code
- I M1
- Property type
- Distribution centers
- APN
- 0538 146
- APU
- 538146
Description
This exceptional 11,000-square-foot industrial property, situated on a 1.06-acre lot at 225 Promenade Parkway in Fayetteville, Georgia, presents a unique investment opportunity. The building's versatile design caters to a wide range of commercial uses. Its substantial size and layout make it ideal for businesses requiring ample storage space, particularly those with extensive vehicle fleets. The property's adaptability also makes it well-suited for production companies or film industry businesses needing a large, adaptable workspace. Furthermore, the building's configuration could easily accommodate a business requiring both workspace and living quarters within the same structure, offering significant convenience and efficiency. The property boasts numerous upgrades, ensuring a move-in ready condition for the new owner. Located in Fayetteville, GA, this property benefits from excellent access to transportation routes and a thriving local economy. The possibilities for this multi-use space are truly limitless, making it an attractive proposition for discerning investors seeking a high-return asset with significant potential for growth. The asking price is $2,200,000. This is a rare opportunity to acquire a fully upgraded, versatile commercial property in a prime location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,705,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,265,000
- 6.5%
- $1,315,000
- 7%
- $1,415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,475,000
- Geo Method
- $1,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,215,000
- Retail
- $1,175,000
- Mixed-Use
- $1,195,000
- Hospitality
- $1,445,000
- Educational
- $1,560,000
- Residential Income
- $1,215,000
- Energy
- $1,605,000
- Income-Based Land
- $1,480,000
- Food Service
- $1,315,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Fayette
- State
- Georgia
- Longitude
- -84.4283
- Latitude
- 33.4819
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
