Medical Center with Day Health
For Sale
$2,900,000
1105 N Main Street N, Conyers, GA 30012
The sale includes the operating business, building, land, a passenger van, and a wheelchair-lift bus.
Property Size7,346 SF
Days on Market228
Property Features for 1105 N Main Street N
General Information
Standard status
Active
Size
7,346 SF
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,264
Amenities
activities room
kitchen
dining area
showers
nap rooms
offices
employee breakroom
covered drop off and pick up area
sun room
Building Details
Building Size
7,346 SF
Year Built
1920
Listing Agency:
EXP Realty, LLC.
Listed By:
REGGIE MOON · License #266797
(404) 325-4773
Source:
Evatlanta
Added: Feb 27
Changed: Oct 13
Last Checked: Oct 13 at 2:27AM
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 EXP Realty, LLC.
Investment Insights
Based on property information with market context.
Configured for adult day health care, the facility includes an activities room, kitchen, dining space, showers, nap rooms, offices, and an employee breakroom. A renovated sunroom provides additional sitting and dining space. The property also includes the operating business, land, one 12-person van, and one 16-person bus equipped with a wheelchair lift. The building dates to 1920, and the business has operated for 29 years.
Located less than 2 miles from Interstate 20 at the West Avenue exit, the property has a covered passenger drop-off and pickup area, paved parking, and a gravel parking area with a separate entrance.
Located less than 2 miles from Interstate 20 at the West Avenue exit, the property has a covered passenger drop-off and pickup area, paved parking, and a gravel parking area with a separate entrance.
Key Highlights
- Adult day health care facility with operating business and land included
- Building dates to 1920; business has operated for 29 years
- One 12‑person van and one 16‑person bus with wheelchair lift included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,510
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
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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
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Frequently Asked Questions
What type of property is this?
Medical center - The sale includes the operating business, building, land, a passenger van, and a wheelchair-lift bus.
Where is this medical center located?
The property is located at 1105 N Main Street N 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: Adult day health care facility with operating business and land included; Building dates to 1920; business has operated for 29 years; One 12‑person van and one 16‑person bus with wheelchair lift included
