562 Wylie Rd Marietta, GA 30060
- Strip malls
- 48,800 SF
- 3.84 lot acres
Current Use by Public Records
- BAG DEPOT / Polythene And Plastic Sheeting Supplier / Packaging Supply Store
- Peachtree Camera Repair / Camera Repair Shop
- Marietta Spy Shop / Security System Supplier
- kkfitness wellness and nutrition / Physical Fitness Program
- Western Union / Money Transfer Service
Property Details for 562 Wylie Rd
- Year built
- 1984
- Lot size
- 3.84 lot acres
- Property size
- 48,800 SF
- Zone code
- CRC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 17057500250
- APU
- 17057500250
Description
This exceptional 48,800 square foot retail and office property in Marietta, Georgia, presents a compelling investment opportunity. Located at 562 Wylie Rd SE, this single-story, Class B building boasts 16 suites, with a minimum divisible space of 1,600 square feet. Currently, 3,800 square feet are available. The property, built in 1985 and extensively renovated in 2023, sits on four acres of land and includes 167 parking spaces. Conveniently situated near the busy intersection of Cobb Pkwy and GA-120, it benefits from high traffic volume and visibility. Its strategic location is further enhanced by its proximity to I-75 (half a mile away) and Kennesaw State University (across the street). The property is zoned CRC and features Marietta Power. The property is located in a Federal Opportunity Zone, adding to its investment appeal. Recent developments in the area, including new affordable senior housing behind the building and a new 150-unit townhome development across the street, promise continued growth and increased foot traffic. Property taxes are $1 per square foot. The APN is 17057500250, and the property is located in Cobb County. This is the last available space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,005,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,250,000
- 6.5%
- $1,400,000
- 7%
- $1,300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,255,000
- Geo Method
- $1,495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,360,000
- Retail
- $1,410,000
- Mixed-Use
- $1,355,000
- Hospitality
- $1,190,000
- Educational
- $1,290,000
- Residential Income
- $1,580,000
- Energy
- $1,310,000
- Income-Based Land
- $1,260,000
- Food Service
- $1,325,000
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5119
- Latitude
- 33.9385
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
