2399 Wall SE St Conyers, GA 30013-2187
Property Lookup
Property profile & analytics
2399 Wall SE St Conyers, GA 30013-2187
- Medical Office Space
- 6,300 SF
- 1.83 lot acres
Property ID
US22-2871117
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.
Location Intelligence
Current Use by Public Records
- DaVita Covington Mills / Medical Clinic
Property Details for 2399 Wall SE St
- Year built
- 2022
- Construction
- STEEL FRAME
- Lot size
- 1.83 lot acres
- Property size
- 6,300 SF
- Zone code
- OI
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 077-0-01-0012
- APU
- 770010012
Description
This exceptional investment opportunity presents a fee-simple interest in a 6,370-square-foot, single-tenant medical office building located at 2399 Wall St SE, Conyers, Georgia 30013. The property, built in 2022 on a 1.83-acre lot, is a net-zero energy clinic, a testament to its energy-efficient design and the inclusion of solar panels. Leased to DaVita, Inc., a leading operator in the kidney care industry, under a 15.1-year Net Lease (NN) with a corporate guarantee, the lease commenced June 8, 2022, and expires June 30, 2037, leaving a substantial 12.6 years remaining. The lease includes 10% rent bumps every five years and options for three, five-year extensions. The asking price is $3,195,529, representing a 6.05% cap rate and a price per square foot of $501.65. The property boasts a strong NOI of $193,330 and 100% occupancy. Strategically located near the intersection of Interstate 20 (130,000 vehicles per day) and North Salem Road, close to Highway 138 Southeast (53,000 vehicles per day), the clinic benefits from a robust demographic profile, with approximately 99,000 people within a five-mile radius and an average household income exceeding $85,000 annually. This investment offers significant long-term passive income potential, shielded from macroeconomic fluctuations due to the strong tenant, long-term lease, and built-in rent growth. The property represents a rare opportunity to acquire a state-of-the-art, net-zero energy medical facility in a high-growth area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,000,000
- ML approach
- $3,000,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,615,000
- COMMERCIAL (GENERAL)
- $2,015,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Conyers
- County
- Rockdale
- State
- Georgia
- Longitude
- -83.9799
- Latitude
- 33.626
- 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
2023
$23,431
$114,880
$475,480
$590,360
-
$287,200
$1,188,700
$1,475,900
