Roswell Road Redevelopment

2251 Roswell Road Marietta, GA 30062

FOR SALE
Property Type:
Multi Tenant Office
Amount:
$675,000
Last Verified:
May 21, 2019

Highlights

  • Excellent Traffic Count
  • Lighted Intersection
  • Architectural Renderings for Potential Self-Storage and Multi-Story Office Uses
  • Growing Suburban Market

Description

There is 0.686 of an acre at 2251 Roswell Road in Marietta, GA. The improvements include a 3,300 SF office building that is a great interim use or suitable for an owner user. The highest and best use of the site is for redevelopment to denser office use, multi-story climate-controlled self-storage, or mixed-use development. This is an excellent investment opportunity.

2251 Roswell Road is located at the lighted intersection of Roswell Road and Sewell Mill Road with traffic counts between 38,000 and 42,000 vehicles per day along Roswell Road. It is nearby multiple shopping centers with national anchor tenants such as Publix, Kroger, Aldi and more. Within a 1-mile radius, the median income level is approximately $80,000, while the population is expected to grow more than 4% annually over the next five years.


Year Built: 1980
Building Size: 3300.0sq ft
Building Class: C
Lot Size: 0.69 acres

Map of 2251 Roswell Road, Marietta, GA, 30062

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.