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    3732 Redan Road Decatur, GA 30032

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    For Sale
    $550,000

    COMMERCIAL - Decatur, GA

    Property size:
    2,561 SF
    Lot size:
    1.92 Acres
    Price / SF:
    $214/SF
    Added:
    Mar 19, 2026
    Days on Market:
    47
    Last Refresh:
    May 4 at 5:06 am

    Property Features for 3732 Redan Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    OI
    Parking
    10
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    15 220 01 025
    Size
    2,561 SF
    Lot size
    1.92 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3671

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1959
    Floors in Building
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Carl Hall

    Listing agent Carl Hall

    Listing office Century 21 Connect Realty 880 Holcomb Bridge Rd Suite 150, Roswell, GA

    Listing date Mar 19, 2026

    MLS# 7724175

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Commercial Property Opportunity

    This commercial property, formerly a licensed childcare facility, is available in Decatur, GA. Approved for up to 52 children from infancy to age 12, it suits daycare operators, early learning centers, or investors seeking a ready-to-use childcare location. Situated on approximately 1.9 acres along Redan Road, the property offers accessibility and visibility, along with ample outdoor space. A fully fenced playground area provides a secure environment for outdoor activities. The 2561-square-foot building was designed for childcare operations, featuring multiple classrooms, administrative areas, and functional learning spaces. Each classroom has direct egress to the exterior, enhancing safety. A fire alarm system and sprinkler system support life-safety requirements. The previous operator expanded enrollment beyond the building's licensed capacity and relocated, offering a new owner the chance to capitalize on proven demand for childcare services. With C-3 commercial zoning, the property also allows for other commercial uses, including educational facilities, professional offices, community services, and other permitted business operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JonEri's Christian Academy Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Home Away From Home Learning — 3979 covington hwy, decatur, ga 30032
    • Creative Image Christian Academy — 3718 Covington Hwy, Decatur, GA 30032
    • G & G Elite Academy — 3737 Redan Rd #1803, Decatur, GA 30032
    • First Academy Early Learning Center — 3979 Covington Hwy, Decatur, GA 30032
    • Tonya Hart Daycare — 1415 Cobb Branch Dr, Decatur, GA 30032

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.23804
    Latitude
    33.760952

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    FAQs

    What type of property is this?
    Day care center - Commercial property ideal for daycare or other business operations.
    Where is this day care center located?
    The property is located at 3732 Redan Road Decatur, GA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Licensed for 52 children (infant to 12 years old), ideal for daycare operators or investors.; Approximately 1.9 acres with excellent accessibility and visibility on Redan Road.; Fully fenced playground area provides a secure outdoor space.
    (770) 640-6800
    We can help!
    Listing Contact
    Carl Hall
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    3732 Redan Road, Decatur, GA 30032

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