287 Dykes St Cochran, GA 31014
- Day care centers
- 9,504 SF
- 1.93 lot acres
Current Use by Public Records
- Day care centers
Property Details for 287 Dykes St
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 1.93 lot acres
- Property size
- 9,504 SF
- Zone code
- COMMERCIAL
- Property type
- Day care centers
- APN
- B25B 158
- APU
- B25B158
Description
This outstanding commercial property in Cochran, Georgia, presents a unique investment opportunity. Located at 287 W Dykes Street, the property encompasses a substantial 9,504 square feet on a 1.93-acre lot. The main structure is a well-maintained, four-sided brick building currently operating as a successful daycare center. The daycare features a welcoming reception area, seven spacious classrooms, each equipped with its own private bathroom, ensuring convenience and privacy. Ample parking is available for staff, children, and visitors. Three separate, fenced playgrounds provide secure and stimulating outdoor play areas for the children. The daycare center holds a 2-star rating (out of 3) from the Georgia Department of Early Care and Learning, reflecting its commitment to high-quality childcare and currently operates near full capacity. Beyond its current use, the property's versatile design and ample space offer significant potential for conversion into various commercial ventures, including medical offices or other professional spaces. The seller is open to considering the sale of the business separately from the real estate, providing flexibility for potential buyers. Furthermore, opportunities for expansion exist, with grants potentially available to support such endeavors. This property represents a compelling investment opportunity for those seeking a strong return on investment in a thriving community. The asking price is $1,200,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,360,000
- 6.5%
- $1,275,000
- 7%
- $1,325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,220,000
- Geo Method
- $1,080,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,630,000
- Retail
- $1,470,000
- Mixed-Use
- $1,600,000
- Hospitality
- $1,520,000
- Educational
- $1,290,000
- Residential Income
- $1,495,000
- Energy
- $1,510,000
- Income-Based Land
- $1,325,000
- Food Service
- $1,280,000
Location Insight
- Map
- Local Demand
- City
- Cochran
- County
- Bleckley
- State
- Georgia
- Longitude
- -83.3658
- Latitude
- 32.3757
