3471 Glenwood Rd Decatur, GA 30032
- Day care centers
- 5,532 SF
- 0.79 lot acres
Current Use by Public Records
- Northwest Youth Power / Day Care Center
Property Details for 3471 Glenwood Rd
- Year built
- 1956
- Construction
- WOOD FRAME
- Lot size
- 0.79 lot acres
- Property size
- 5,532 SF
- Zone code
- R75
- Property type
- Day care centers
- APN
- 15 169 01 006
- APU
- 1516901006
Description
This exceptional 7,000+ square foot daycare center, situated on a spacious 1.55-acre lot at 3471 Glenwood Road SE in Decatur, Georgia, presents a unique investment opportunity. Currently operating as an established childcare facility, the property offers significant potential for continued operation in its current capacity or redevelopment. The existing building boasts ample space to accommodate a large number of children and staff. The substantial lot size provides ample outdoor play areas and potential for expansion. The property's current zoning is R-75, which is adjacent to multifamily MR-2 zoning. This adjacency suggests potential for future re-zoning and redevelopment opportunities, subject to local regulations and approvals. Investors should conduct their own due diligence regarding zoning regulations and potential redevelopment scenarios. The asking price for this turnkey daycare center and expansive land parcel is $800,000. This represents a compelling opportunity for those seeking a profitable existing business or a prime location for future development in a thriving Decatur community. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $265,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $250,000
- Mixed-Use
- $240,000
- Hospitality
- $275,000
- Educational
- $285,000
- Residential Income
- $220,000
- Energy
- $285,000
- Income-Based Land
- $290,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.2761
- Latitude
- 33.7379
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA