3202 Hickory Flat Hwy Canton, GA 30115
This exceptional Canton, GA office building offers 1,575 square feet of renovated space, perfectly situated on a 3.66-acre lot. Built in 1990 and updated in 2021, the property boasts a prime location on Hickory Flat Highway and Brick Mill Road, benefiting from high visibility and an average daily traffic count of approximately 18,000 vehicles. The building is currently zoned OI & NC, providing flexibility for various uses. The property includes one single-story building and features all necessary utilities: water, electric, gas, and internet. Currently utilizing a septic system, the property offers an exceptional value proposition at $350,000 ($222.22/SF). An access easement will be required prior to closing. Additional land (approximately 3.16 acres) zoned NC/O/I is available for purchase. This presents a unique opportunity for owner-users or investors seeking a strategic location within the Atlanta metropolitan area, enjoying the suburban charm of Cherokee County while maintaining easy access to major highways and urban amenities. Lease rates for similar offices in the area range from $16 to $19 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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