Adult Day Health Care
For Sale
$2,900,000
Pending
1105 N Main Street NW, Conyers, GA 30012
Commercial Sale, Conyers, GA
Property Size7,346 SF
Lot Size1.04 Acres
Days on Market274
Property Features for 1105 N Main Street NW
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
30
Parking features
Parking Lot
Security features
Security
Lot features
Level
Directions
Please use GPS
Standard status
Pending
APN
C070010006
Size
7,346 SF
Lot size
1.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6264
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air, Electric
Water source
Public
Amenities
activities room
kitchen
dining area
showers
nap rooms
offices
employee breakroom
sun room
covered drop off and pick up area
Building Details
Year built
1920
Flooring type
Tile, Hardwood, Laminate
Building materials
Frame, Wood Siding
Roof type
Composition
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Reggie H Moon · License #266797
(404) 606-9353
Added: Nov 19, 2025
Changed: Aug 19
Last Checked: Aug 20 at 12:06PM
MLS# 10646146
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Adult day health care facility opportunity with a 1.04-acre site and a 7,346-square-foot building built in 1920. The facility includes a huge activities room, kitchen and dining area, showers, nap rooms, and several rooms for offices plus an employee breakroom. Floor finishes include hardwood, laminate, and tile. The building is constructed with frame and wood siding, with a composition roof. Heating is electric forced air and cooling is electric central air.
The sale includes the land, the business, and the building, along with one 12-person van and one 16-person bus with a wheelchair lift. There is a covered client drop-off and pick-up area, plenty of paved parking, and an additional gravel parking area with a separate entrance, possibly for staff or employees.
Utilities include public water and public sewer, and cable is available.
The sale includes the land, the business, and the building, along with one 12-person van and one 16-person bus with a wheelchair lift. There is a covered client drop-off and pick-up area, plenty of paved parking, and an additional gravel parking area with a separate entrance, possibly for staff or employees.
Utilities include public water and public sewer, and cable is available.
Key Highlights
- 1.04‑acre site with 7,346‑square‑foot building built in 1920
- Huge activities room plus kitchen, dining area, showers, and nap rooms
- Includes one 12‑person van and one 16‑person bus with wheelchair lift
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$106,510
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,130,200
$2.1M
Cap Rate 7%
$1,521,571
$1.5M
Cap Rate 9%
$1,183,444
$1.2M
Market Conditions
NOI Build-Up for 7,346 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$198.3K $27.00/SF
− Vacancy
−$20.8K −$2.84/SF
EGI
$177.5K $24.17/SF
− OpEx
−$71.0K −$9.67/SF
NOI
$106.5K $14.50/SF
Area
Rockdale County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,130,200
Cap Rate 7%
$1,521,571
Cap Rate 9%
$1,183,444
Alternative Uses
Best Use
Healthcare Medical
$1.52M
$1.33M – $1.78M
NOI $106,510 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.80M – $2.41M
NOI $144,393 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
Business Placement
Demographics for 30012, GA
30,307
Population
12,400
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.4 sq mi
ZIP Area
715
Density / Sq Mi
$60,169
Median Household Income
$36,770
Median Earnings
$1,134
Median Rent
$199,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Rehabilitation center - Freestanding adult day health care facility with parking, office and employee areas, and dedicated client drop-off and pick-up.
Where is this rehabilitation center located?
The property is located at 1105 N Main Street NW Conyers, GA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 1.04‑acre site with 7,346‑square‑foot building built in 1920; Huge activities room plus kitchen, dining area, showers, and nap rooms; Includes one 12‑person van and one 16‑person bus with wheelchair lift
