310 Bankhead Hwy Carrollton, GA 30117-2401
- Office Properties & Spaces
- 1,744 SF
- 0.30 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 310 Bankhead Hwy
- Year built
- 1937
- Construction
- STEEL FRAME
- Lot size
- 0.30 lot acres
- Property size
- 1,744 SF
- Zone code
- C2
- Property type
- Office Properties & Spaces
- APN
- C04-004-0013
- APU
- C040040013
Description
This exceptional 1,744 square foot office building, located at 310 Bankhead Highway in Carrollton, Georgia, presents a compelling investment opportunity. The property, built in 1937 and renovated in 1990, is classified as a Class B building and sits on a 0.3-acre lot. Currently vacant, this owner-user property offers significant potential. The building features a traditional office layout with five individual offices, a reception area, a break room, and three bathrooms. Adding to its versatility, there's also an unfinished basement of approximately 1,676 square feet, accessible via a roll-up door, ideal for storage or expansion. The property's zoning is C3-Commercial, allowing for a range of uses. Its prime location on Bankhead Highway ensures high visibility and accessibility. The asking price is $429,000, translating to $245.99 per square foot. This is a value-add opportunity in a thriving area, perfect for a business seeking a prominent location or an investor looking for a strong return. The property's address is 310 Bankhead Hwy, Carrollton, GA 30117 (APN: C04 0040013). The building is a two-story structure.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $370,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $295,000
- Mixed-Use
- $310,000
- Hospitality
- $370,000
- Educational
- $285,000
- Residential Income
- $365,000
- Energy
- $315,000
- Income-Based Land
- $380,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Carrollton
- County
- Carroll
- State
- Georgia
- Longitude
- -85.0622
- Latitude
- 33.5831
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA