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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    235 Walker Dr Mcdonough, GA 30253-7412

    • Day care centers
    • 11,482 SF
    • 2.92 lot acres
    OFF-MARKET
    Last Sale
    Jun 11, 2020
    $250,000
    Value Estimations
    $305,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0035477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sunbrook Academy / After School Program / Preschool

    Property Details for 235 Walker Dr

    Year built
    2006
    Construction
    WOOD
    Lot size
    2.92 lot acres
    Property size
    11,482 SF
    Zone code
    C1
    Property type
    Day care centers
    APN
    078-01006003
    APU
    7801006003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $280,000
      ML approach
      $325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $384,000
      Market price range: $381k - $764k

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $435,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mcdonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1882
    Latitude
    33.3809
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,659
    $101,720
    $359,880
    $461,600
    -
    $254,300
    $899,700
    $1,154,000

    Comparable in this City

    • Value Estimation
      $300,000
      7,900 SF

      1015 Mcdonough Pkwy

      DAY CARE, PRE-SCHOOL • 7,900 SF
      1015 Mcdonough Pkwy, Mcdonough, GA 30253-3770
      View Details
    • Value Estimation
      $355,000
      8,341 SF

      300 Inverness Ave

      DAY CARE, PRE-SCHOOL • 8,341 SF
      300 Inverness Ave, Mcdonough, GA 30253-8739
      View Details
    • Value Estimation
      $285,000
      7,628 SF

      185 Tunis Rd

      DAY CARE, PRE-SCHOOL • 7,628 SF
      185 Tunis Rd, Mcdonough, GA 30253-4224
      View Details
    • Value Estimation
      $2,130,000
      15,513 SF

      275 Old Griffin Rd

      DAY CARE, PRE-SCHOOL • 15,513 SF
      275 Old Griffin Rd, Mcdonough, GA 30253-6706
      View Details
    • Value Estimation
      $385,000
      11,208 SF

      90 Hunters Chase

      DAY CARE, PRE-SCHOOL • 11,208 SF
      90 Hunters Chase, Mcdonough, GA 30253-7449
      View Details
    • Value Estimation
      $1,895,000
      9,120 SF

      100 Labonte Pkwy

      DAY CARE, PRE-SCHOOL • 9,120 SF
      100 Labonte Pkwy, Mcdonough, GA 30253
      View Details

    Similar Nearby for Sale

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      Pending

      Versatile Church Property in McDonough

      Church property with four buildings totaling 16,144 square feet.
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    • $1,999,000
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      Versatile Commercial Property on 2 Acres

      High-visibility commercial property suitable for diverse uses and future development.
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    • $350,000
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      Commercial property in McDonough, zoned for office and institutional uses.
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    • $1,285,000

      Prime McDonough Commercial Land

      12+ Acres, Hwy 155, I-75 Access
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    • Contact for pricing
      2.78 Acres

      McDonough Commercial Land - 2.78 Acres

      Prime McDonough location, two pad-ready lots, C-3 zoning.
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    • $1,505,745
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      175 Griffin St

      Land • 10.00 Acres
      175 Griffin St, McDonough, GA 30253
      View Details

    Similar Nearby for Lease

    • $2,849 /Mo

      Upscale Living in Gated Community

      Rental community with resort-style amenities in McDonough, Georgia.
      100 Rosemoor Dr, McDonough, GA 30253
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    • $15 SF/Yr
      10,544 SF

      Vineyards Business Park Office Space

      1,840 SF Office Available; Hwy 42 Location
      188 Campground Rd, McDonough, GA 30253
      View Details
    • $2,451 /Mo

      Upscale Living in Gated Community

      Rental community with resort-style amenities in McDonough, Georgia.
      100 Rosemoor Dr, McDonough, GA 30253
      View Details
    • New
      $1,303 /Mo
      782 SF

      Office Space Near Downtown

      782 SF office space near downtown McDonough, Georgia.
      2202 Commerce Pl, McDonough, GA 30253
      View Details
    • $18 SF/Yr
      2,464 SF

      McDonough Office Space: Heritage Square

      Prime McDonough Office, 2464 sq ft
      1840 Pennsylvania Ave, McDonough, GA 30253
      View Details
    • $19 SF/Yr
      895 SF

      McDonough Office Space: Heritage Square

      895 sq ft Executive Office Suite in McDonough, GA
      1800 Pennsylvania Ave, McDonough, GA 30253
      View Details
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    235 Walker Dr
    Mcdonough, GA 30253-7412
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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