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    OFF-MARKET
    Day care centers

    1717 Spg SE St, Smyrna, GA 30080-2439

    4,800 SF 0.41 ac lot Built 1975
    Entity Owned 21-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-1467090
    Property summary
    AI-generated overview

    This exceptional 4,800 square foot office building, located at 1717 Spring Street SE in Smyrna, Georgia 30080, presents a compelling investment opportunity. The property, a traditional office space currently operating as a daycare, is offered at $746,750, representing a compelling price per square foot of $155.57 and a strong 7.25% capitalization rate. Built in 1980 and extensively renovated in 2020, the building boasts a fresh interior and exterior, new flooring, and a new security fence. Currently operating at 100% occupancy under a NNN lease, this single-tenant property offers a stable income stream. Its prime location in Cobb County offers convenient access to Truist Park, enhancing its appeal and potential for future growth. The property's recent renovations minimize immediate capital expenditure needs, making it an attractive option for investors seeking a turnkey investment with significant upside potential. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. The building's strong financial performance, combined with its recent upgrades and strategic location, makes it an ideal addition to any investment portfolio.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1975
    Total area 4,800 SF
    Lot 0.41 ac (18,000 SF)
    Zoning code GC
    APN 17063200650
    UPID US22-1467090
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • YLA AT SMYRNA ACADEMY Daycare Center
    • Growing With Grace Tutoring Tutoring Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    TP PARTNERS LLC
    TP PARTNERS LLC
    Zoning & alternative use
    GC · Smyrna, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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