Property profile

3792 Memorial College Ave Clarkston, GA 30021

OFF-MARKET
Day care centers
Property ID
US22-0540562
4,550 SF 0.49 ac lot Built 1977
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 4,550 square foot mixed-use building is situated in a prime Clarkston, GA location at 3792 Memorial College Avenue. Offered at $900,000, this property presents a significant investment opportunity for a variety of uses. The building is being sold "as-is," providing the buyer with the flexibility to renovate and customize the space to meet their specific needs. Its ideal location makes it particularly well-suited for a daycare center or medical office, given the high demand for such services in the area. The substantial square footage allows for ample space to accommodate multiple rooms, waiting areas, and other necessary amenities. The property sits on a lot with no acreage, making it a manageable and potentially low-maintenance investment. Serious inquiries are encouraged to explore the possibilities this versatile building offers. This is a unique chance to acquire a well-positioned commercial property in a thriving community. The building's current condition offers a blank canvas for a buyer to create a thriving business. Prospective buyers are advised to conduct their own due diligence to assess the property's suitability for their intended use. The sale price reflects the "as-is" condition and the potential for significant value appreciation after renovations or improvements. Don't miss this opportunity to own a piece of Clarkston's commercial landscape.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1977
Construction WOOD FRAME
Total area 4,550 SF
Lot 0.49 ac (21,432 SF)
Zoning code RM100
APN 18 067 02 032
UPID US22-0540562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • High School

Location

3792 Memorial College Ave Clarkston, GA 30021-2402
Clarkston metro Census 22011 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.19M

Owner & transaction history

since 2023
Last sale
$3.6M
6 recorded transactions
2023
$3.6M
2022
Price N/A
2016
Price N/A
2013
$75,000
2013
$196,350
2004
$375,000

Zoning & alternative use

RM100 · Clarkston, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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