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Property profile & analytics
FOR SALE
Day care centers

3180 Atlanta Hwy Athens, GA 30606

6,684 SF 1.5 ac lot Built 1992
Entity Owned 3-yr Hold Free & Clear
Property ID
US22-0942451
Property summary
AI-generated overview

This exceptional investment opportunity presents a stabilized, single-tenant daycare center in Athens, GA. Located on a highly visible corner lot at 3180 Atlanta Hwy, this 11,524 square foot property boasts a 9% cap rate and a 6% pro-forma cap rate. The property consists of three one-story buildings on a 1.5-acre lot, built in 1992, and currently operating at 100% occupancy with a credit-rated tenant under a NNN lease expiring June 28, 2026. The lease commenced June 29, 2021, with a remaining term of four years. The property features an open floor plan with abundant natural light, ample storage space, and tenant-controlled HVAC. Its prime location within a busy commercial area, adjacent to major retailers like Walmart, ALDI, and Publix, ensures high visibility and consistent foot traffic. The daycare center has a capacity of approximately 262 children and benefits from convenient bus line access. The asking price is $2,400,000, translating to $208.26 per square foot. The property's strong performance and strategic location make it an attractive investment prospect with significant potential for future growth. The current pro-forma NOI is $144,000.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1992
Construction FRAME
Total area 6,684 SF
Lot 1.5 ac (65,340 SF)
Zoning code C-G
APN 07-4- D-003-D
UPID US22-0942451
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shekinah Glory Worship Assembly Church Mosque
  • Little Sea Academy LLC Daycare Center
  • Little Sea Academy High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
King Office Building LLC · 3 yrs held
King Office Building LLC
since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2022
$300,000
2019
$650,000
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-G · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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