3BR/2BA Senior Care
For Sale
Contact for pricing
1035 WORLEY DR, Marietta, GA 30066
Brick 3/2 home with a long-term elder care tenant in place, positioned near key Marietta roadways.
Property Size1,330 SF
Price / SF$278.20
Days on Market51
Property Features for 1035 WORLEY DR
General Information
Standard status
Active
Size
1,330 SF
Property subtype
Retail, Senior Living, Special Purpose
Building Details
Year Built
1982
Listing Agency:
Vineyard Real Estate Group
(678) 910-5217
Listed By:
Patti Loveless · License #357088
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 4 at 12:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vineyard Real Estate Group
Investment Insights
Based on property information with market context.
This property is a residential brick home serving an Elder Care Facility, configured as a 3-bedroom, 2-bath layout. A long-term tenant is already in place, providing an occupied setup for a buyer looking to acquire a healthcare-adjacent residential use today.
The home is located just off Canton Rd, near Shaw Park and Chastain Rd, offering convenient access to surrounding services and arterials in the Marietta area.
For prospective buyers or operators, the tenant-in-place structure can fit an elder care facility seeking an established residential format with multiple bedrooms and two bathrooms. The brick construction and existing configuration may also appeal to those looking for a straightforward, residential-style asset that is already serving care-related operations, rather than a vacant property requiring immediate re-positioning.
The home is located just off Canton Rd, near Shaw Park and Chastain Rd, offering convenient access to surrounding services and arterials in the Marietta area.
For prospective buyers or operators, the tenant-in-place structure can fit an elder care facility seeking an established residential format with multiple bedrooms and two bathrooms. The brick construction and existing configuration may also appeal to those looking for a straightforward, residential-style asset that is already serving care-related operations, rather than a vacant property requiring immediate re-positioning.
Key Highlights
- Brick 3/2 home built in 1982
- Long‑term tenant in place
- Home serves an elder care facility
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $26.04 |
| − Vacancy | −$2.1k | −$1.61 |
| EGI | $32.5k | $24.43 |
| − OpEx | −$14.6k | −$10.99 |
| NOI | $17.9k | $13.43 |
1,330 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$255.2K
$223.3K – $297.8K
NOI $17,867 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$373.5K
$326.8K – $435.7K
NOI $26,142 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30066, GA
62,417
Population
23,632
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
27.2 sq mi
ZIP Area
2,295
Density / Sq Mi
$112,067
Median Household Income
$57,687
Median Earnings
$1,760
Median Rent
$373,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Brick 3/2 home with a long-term elder care tenant in place, positioned near key Marietta roadways.
Where is this senior housing / retirement home located?
The property is located at 1035 WORLEY DR Marietta, GA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Brick 3/2 home built in 1982; Long‑term tenant in place; Home serves an elder care facility
