Property profile

1396 Nelms Dr Decatur, GA 30033

OFF-MARKET
Schools
Property ID
US22-1200729
3,119 SF 0.9 ac lot Built 1974
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.9-acre property located at 1396 Nelms Drive in Decatur, Georgia presents a unique investment opportunity. The existing 3,119 square foot building, currently configured as a church or school, offers significant potential for redevelopment. Its substantial size and generous lot provide ample space for a variety of uses. The property's zoning (which should be independently verified) may allow for residential development, potentially offering the chance to construct custom homes, taking advantage of the desirable Decatur location. Given the existing structure, the property could also be suitable for adaptive reuse, transforming the building into a different type of commercial or community space. The location in Decatur offers easy access to local amenities, transportation routes, and a thriving community. This property is being offered at $750,000, representing a compelling opportunity for an investor or developer seeking a significant project with high upside potential. Interested parties are encouraged to conduct their own due diligence to verify zoning regulations, building codes, and other relevant factors before making an offer. All information provided is believed to be accurate but is not guaranteed. Buyers are advised to independently verify all details.

Property profile

Verified
Property type Schools
Year built 1974
Total area 3,119 SF
Lot 0.9 ac (39,204 SF)
UPID US22-1200729

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
  • Church

Location

1396 Nelms Dr Decatur, GA 30033
Decatur metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1396 Nelms Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message