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10 Garrison Rd SE - 2.95 Acres in the Heart of Marietta 3 Acres of Commercial Land Offered at $2,600,000 in Marietta, GA 30008
Investment Highlights
- This property offers 2.95 acres of prime land in Marietta, presenting a lucrative opportunity for redevelopment.
- Boasting a 20,000 square-foot industrial warehouse and a 2,700 square-foot commercial building, it caters to both industrial and office use.
- Suitable for industrial or office purposes, this property appeals to a wide range of investors seeking flexibility.
- With a $110K NOI, this property provides steady cash flow for investors.
- The possibility of combining with adjacent properties enhances its overall value, offering a unique investment prospect.
- Nestled in the heart of Marietta, this property promises strategic positioning and promising returns.
Executive Summary
With steady rental income and ample space for redevelopment or expansion, this property is ideal for investors seeking cash flow in a prime location. The versatility of this location for industrial or office use further adds to its appeal.
Don't miss out on this chance to secure a prime piece of real estate in Marietta. Contact Jeff Hammond at HSI Commercial today to seize this unparalleled investment opportunity.
Financial Summary (Actual - 2023) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$141,000
|
$47,000.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$141,000
|
$47,000.00
|
| Taxes |
$16,000
|
$5,333.33
|
| Operating Expenses |
$10,000
|
$3,333.33
|
| Total Expenses |
$26,000
|
$8,666.67
|
| Net Operating Income |
$115,000
|
$38,333.33
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $141,000 |
| Annual Per AC | $47,000.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $141,000 |
| Annual Per AC | $47,000.00 |
| Taxes | |
|---|---|
| Annual | $16,000 |
| Annual Per AC | $5,333.33 |
| Operating Expenses | |
|---|---|
| Annual | $10,000 |
| Annual Per AC | $3,333.33 |
| Total Expenses | |
|---|---|
| Annual | $26,000 |
| Annual Per AC | $8,666.67 |
| Net Operating Income | |
|---|---|
| Annual | $115,000 |
| Annual Per AC | $38,333.33 |
Property Facts
| Price | $2,600,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | ||
| Zoning | C4 | ||
| Price | $2,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 3.00 AC |
| Zoning | C4 |
1 Lot Available
Lot 1702140001
| Price | $2,600,000 | Lot Size | 3.00 AC |
| Price Per AC | $866,666.67 |
| Price | $2,600,000 |
| Price Per AC | $866,666.67 |
| Lot Size | 3.00 AC |
2.95 acres of prime land nestled in the heart of Marietta.
Description
Presenting an exceptional opportunity for redevelopment, this property boasts 2.95 acres of prime land nestled in the heart of Marietta. With a $110K NOI, it features a 20,000 square-foot industrial warehouse and a 2,700 square-foot commercial building, perfect for industrial or office use. The potential for assemblage with adjacent properties enhances its value, offering investors a unique opportunity. With steady rental income and ample space for redevelopment or expansion, this property is ideal for investors seeking cash flow in a prime location. The versatility of this location for industrial or office use further adds to its appeal. Don't miss out on this chance to secure a prime piece of real estate in Marietta. Contact Jeff Hammond at HSI Commercial today to seize this unparalleled investment opportunity.
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10 Garrison Rd SE - 2.95 Acres in the Heart of Marietta
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