244 Powers Ferry Rd SE Marietta, GA 30067
- Investment properties
- 1,246 SF
- 0.25 lot acres
Current Use by Public Records
- Carology Motors LLC / Car Dealer
Property Details for 244 Powers Ferry Rd SE
- Year built
- 1954
- Lot size
- 0.25 lot acres
- Property size
- 1,246 SF
- Zone code
- GC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 16127900970
- APU
- 16127900970
Description
This exceptional mixed-use property at 244 Powers Ferry Road, Marietta, GA 30067, presents a unique investment opportunity. Built in 1954, this single building sits on a 0.25-acre lot and offers a blend of commercial and residential space, ideal for owner-occupancy or savvy investors. The property boasts a convenient location, just minutes from the I-75 loop, downtown Marietta, and South Marietta Parkway, ensuring high visibility and easy access. The interior features a kitchen, two rooms, a full bathroom, and a laundry room, providing ample space for both work and living. The exterior includes a large paved parking area in the back, offering convenient parking for tenants or clients. The property has recently undergone a refresh, featuring new paint throughout. The zoning is Residential/Commercial, providing flexibility for a variety of uses. This property is surrounded by thriving businesses, making it an excellent choice for those seeking a high-traffic location. The asking price is $399,900. While the cap rate is currently listed as 0.00%, the potential for strong returns is significant given the property's location and versatile nature. This is a rare opportunity to acquire a well-located, mixed-use property in a thriving Marietta market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $275,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $235,000
- Mixed-Use
- $240,000
- Hospitality
- $290,000
- Educational
- $275,000
- Residential Income
- $235,000
- Energy
- $280,000
- Income-Based Land
- $285,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5001
- Latitude
- 33.9468
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA