2070 Candler Rd Decatur, GA 30032
- Office buildings
- 962 SF
- 0.93 lot acres
Current Use by Public Records
- ATI Insurance Agency / Business To Business Service / Home Insurance Agency
Property Details for 2070 Candler Rd
- Year built
- 1963
- Construction
- WOOD FRAME
- Lot size
- 0.93 lot acres
- Property size
- 962 SF
- Zone code
- X
- Property type
- Office buildings
- APN
- 15 151 05 020
- APU
- 1515105020
Description
This exceptional investment property, located at 2070 Candler Road in Decatur, Georgia, presents a compelling opportunity for discerning investors. The 962-square-foot building sits on a 0.7-acre lot and is currently priced at $600,000. The property boasts a versatile layout, incorporating both office space and a separately leased yard area, maximizing rental income potential. A long-term tenant is currently in place, providing a stable and predictable income stream. This translates to a strong 7.2% capitalization rate, offering a significant return on investment. The strategic location on Candler Road, just minutes from Interstate 20, ensures high visibility and accessibility, benefiting from substantial traffic volume. The property is situated within a rapidly developing area of Atlanta, promising continued growth and appreciation in value. This presents an ideal opportunity for investors seeking a stable, high-yield asset in a thriving market with considerable upside potential. The combination of a strong tenant, excellent location, and attractive cap rate makes this a truly exceptional investment prospect. The property's size and layout offer flexibility for future uses, further enhancing its long-term value.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $450,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $445,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $540,000
- Mixed-Use
- $525,000
- Hospitality
- $555,000
- Educational
- $420,000
- Residential Income
- $525,000
- Energy
- $455,000
- Income-Based Land
- $410,000
- Food Service
- $530,000
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.2811
- Latitude
- 33.7304
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA