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Property profile & analytics
OFF-MARKET Estimated value $240,000
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
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k
Owner & transaction history
TP PARTNERS LLC
TP PARTNERS LLC
Zoning & alternative use
GC · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The GC district is comprised primarily of existing commercially developed areas within the City of Smyrna. It is the intent in establishing the GC district, to preserve existing commercial areas and encourage the continued concentration of general retail and commercial service activities, including those establishments oriented toward automobile traffic, so…

Zone name General Commercial
General category COMMERCIAL
Zone area 717.38 ac
Source Realmo
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