2107 Mcafee Rd Decatur, GA 30032-3946
- Day care centers
- 1,099 SF
- 1.23 lot acres
Current Use by Public Records
- I AM Sanctuary / Church
- Hajja's House / Education Center
Property Details for 2107 Mcafee Rd
- Year built
- 1954
- Lot size
- 1.23 lot acres
- Property size
- 1,099 SF
- Zone code
- R75
- Property type
- Day care centers
- APN
- 15 149 10 003
- APU
- 1514910003
Description
This exceptional owner-user daycare opportunity in Decatur, GA, presents a compelling investment at $1,100,000. The 9,378 square foot building, constructed in 1954, enjoys a prominent location on McAfee Road, ensuring high visibility and convenient access for patrons. The property sits on a 1.28-acre lot and boasts ample parking, a significant advantage for both staff and families. The building's classic architectural details offer a timeless appeal, while the spacious interior provides versatile use options. Currently operating as a 100% occupied daycare, the property presents a strong foundation for continued success or potential adaptive reuse or redevelopment. Its location in the vibrant Decatur area, coupled with its proximity to major transportation routes, further enhances its appeal. The roof was recently replaced, approximately four years ago, minimizing immediate maintenance concerns. This turnkey operation offers a rare blend of established income and significant long-term potential in a desirable location. The property's historical presence within the Decatur community adds to its unique character and investment value. This is a truly remarkable opportunity for an owner-user seeking a well-established business with growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $195,000
- 6.5%
- $200,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $240,000
- Mixed-Use
- $240,000
- Hospitality
- $210,000
- Educational
- $225,000
- Residential Income
- $185,000
- Energy
- $230,000
- Income-Based Land
- $245,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.3038
- Latitude
- 33.7316
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA