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    2721 Hwy 138th E Jonesboro, GA 30236-2745
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    Property profile & analytics

    2721 Hwy 138th E, Jonesboro, GA 30236-2745

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    • Day care centers
    • 8,400 SF
    • 1.79 lot acres
    Off-Market
    Last Sale Nov 16, 2023
    $45,000
    Property ID
    US22-3620436
    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.

    Value Estimations
    $685,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 2721 Hwy 138th E

    Year built
    1990
    Lot size
    1.79 lot acres
    Zone code
    MCD
    Property type
    Day care centers
    APN
    12-043A- A-005
    APU
    12043AA005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 16, 2023 $45,000 Incrediblebank Bizee Brains Learning Academy LLC Warranty Deed —
    May 29, 2020 — Bizee Brains Learning Academy Phyis Academy Preschools INC Quit Claim Deed · related —
    May 29, 2020 $2,680,000 Bizee Brains Learning Academy Phyls Academy Preschools INC Grant Deed $2.8M · Incrediblebank
    Jun 23, 2008 $2,590,000 Phyls Academy Preschool INC Sunrise Enterprises INC Grant Deed $1.4M · Sterling Bank
    Oct 3, 2006 $100,000 Sunrise Enterprises INC Activ Learning Centers INC Grant Deed —
    — — Phyls,academy Preschools INC — Deed Of Trust · related $1.1M · Florida Business Dev Corp

    Description

    This exceptional commercial property, located at 2721 Highway 138 E in Jonesboro, Georgia, presents a unique investment opportunity. The property encompasses a substantial 19,870 square feet of space distributed across six separate buildings situated on a generous 2.62-acre lot. Its prime location in the desirable Lake Spivey area makes it exceptionally well-suited for a variety of uses, particularly a private or charter school or a large daycare center. The existing buildings offer ample room for classrooms, administrative offices, and other necessary facilities. The property also includes an added amenity: an inground swimming pool. While some minor cosmetic improvements are recommended, the property is largely ready for immediate occupancy and operation. The asking price for this expansive commercial property is $2,400,000. Given its size, location, and potential, this property represents a significant opportunity for a discerning investor seeking a substantial return. The ample acreage provides ample parking and potential for future expansion. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. The property's current condition is sound, requiring only minor upgrades to achieve optimal functionality. This is a rare opportunity to acquire a large-scale commercial property in a highly sought-after location.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3024
    Latitude
    33.5396
    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
    $22,791
    $62,040
    $516,960
    $579,000
    -
    $155,100
    $1,292,400
    $1,447,500
    More about this property
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