2279 Cobb SE Dr Smyrna, GA 30080-1349
- Retail space
- 5,000 SF
- 0.60 lot acres
Sep 12, 2024
Current Use by Public Records
- Asistencia Latino Americana. LLC / Tax Preparation
Property Details for 2279 Cobb SE Dr
- Year built
- 1999
- Lot size
- 0.60 lot acres
- Property size
- 5,000 SF
- Zone code
- GC
- Property type
- Retail space
- APN
- 17034700620
- APU
- 17034700620
Description
This exceptional 5,000 square foot commercial building in Smyrna, Georgia, is available for $905,000 ($181/SF). Situated on a 0.6-acre lot, this free-standing structure boasts a prime location on S Cobb Drive SE, enjoying high visibility and exposure to approximately 30,500 vehicles daily. The building has been recently renovated and offers a versatile layout combining approximately 2,000 square feet of office space with private offices and open work areas, and approximately 3,000 square feet of warehouse space. The property features a new HVAC system, including 3-ton and 5-ton units, ensuring optimal climate control. Zoned General Commercial (City of Smyrna), this property allows for a wide range of commercial uses. The building is currently vacant and offered as a NNN lease. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving area of Cobb County, Georgia. The address is 2279 S Cobb Dr SE, Smyrna, GA 30080.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $600,000
- ML approach
- $600,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,170,000
- 6.5%
- $1,080,000
- 7%
- $1,005,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,039,000
Market price range: $600k - $1.70M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,155,000 Current use
- MEDICAL BUILDING
- $1,230,000 Change: +6% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $995,000 Change: -14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $980,000 Change: -15% Conversion: Moderate
- OFFICE BUILDING
- $945,000 Change: -18% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Smyrna
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5392
- Latitude
- 33.8979
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA