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    3375 Florence Rd Powder Springs, GA 30127-3830
    Property profile & analytics

    3375 Florence Rd Powder Springs, GA 30127-3830


    • Day care centers
    • 10,851 SF
    • 2.73 lot acres
    Off-Market
    Last Sale Feb 20, 2024
    $3,000,000
    Property ID
    US22-0950952
    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
    $3,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Big Blue Marble Academy Powder Spings / Daycare Center / Foster Care Service
    • BRIDGESTONE ACADEMY / Daycare Center

    Property Details for 3375 Florence Rd

    Year built
    2000
    Lot size
    2.73 lot acres
    Property size
    10,851 SF
    Zone code
    CRC
    Property type
    Day care centers
    APN
    19073100860
    APU
    19073100860

    Description

    This exceptional investment opportunity presents a fee-simple ownership of a 10,851-square-foot daycare center in Powder Springs, Georgia, operating as a Big Blue Marble Academy. The property, built in 1970 and situated on a 2.73-acre lot, boasts a 14.3-year remaining lease term (commencing February 15, 2024, and expiring February 27, 2039) with a corporate guarantee from Big Blue Marble Academy, a nationally recognized brand with over 75 locations. The absolute NNN lease structure ensures minimal landlord responsibilities, featuring a 6.25% cap rate and a Net Operating Income (NOI) of $240,000. Rent increases are built-in at 2% annually. The property is strategically located near major retailers including Walmart, Sam's Club, Target, and Best Buy, benefiting from a high average household income exceeding $119,000 within a one-mile radius and a population exceeding 103,000 within a five-mile radius, projected to grow by 3.42% by 2028. The asking price is $3,840,000 ($353.88 per square foot). Lease options include 3 and 5-year extensions. This is a single-tenant, 100% occupied property offering a secure and profitable investment in a rapidly growing area. The property is located at 3375 Florence Rd, Powder Springs, GA 30127.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,000,000
      ML approach
      $3,000,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,120,000
      Market price range: $1.39M - $3.73M
    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $2,500,000
      Current use
      WAREHOUSE, STORAGE
      $4,070,000
      Change: +63% Conversion: Difficult
      MEDICAL BUILDING
      $2,665,000
      Change: +7% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,320,000
      Change: -7% Conversion: Difficult
      RETAIL STORES
      $2,250,000
      Change: -10% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,160,000
      Change: -14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,125,000
      Change: -15% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Powder Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.7019
    Latitude
    33.8739
    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
    $17,163
    $211,096
    $358,160
    $569,256
    -
    $527,740
    $895,400
    $1,423,140
    More about this property
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