Property profile

3941 Covered Brg SW Rd Smyrna, GA 30082

OFF-MARKET
Investment properties
Property ID
US22-1066225
1,805 SF 0.73 ac lot Built 1959
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully operational, three-building daycare campus totaling 10,400 square feet, situated on 3.07 acres in Smyrna, Georgia. The property includes three renovated units, each with its own fenced area, providing ample space for children. Features include a large playground, a separate pool area, and recently updated interiors with new vinyl flooring, AC furnaces, awnings, vanity cabinets, sinks, kitchens, and bathrooms. The main building, located at 395 Russell Drive, boasts 5,500 square feet and a spacious basement. Two additional buildings, situated at 3941 and 3951 Covered Bridge Place, offer 2,200 and 3,100 square feet respectively. The campus is conveniently located across from Russell Elementary School, benefiting from high visibility and accessibility. The property is zoned C, allowing for retail or commercial use, and has a licensed capacity for 180 children. The buildings were renovated in 2020. This turnkey operation is vacant and ready for immediate occupancy on May 2, 2024. The asking price is $1,495,000, translating to $143.75 per square foot. This represents a compelling opportunity for owner-users seeking a well-established daycare center in a prime location. The property's extensive renovations, ample outdoor space, and strategic location make it an attractive investment.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1959
Total area 1,805 SF
Lot 0.73 ac (31,725 SF)
Zoning code R-15
APN 17009700070
UPID US22-1066225

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3941 Covered Brg SW Rd Smyrna, GA 30082-3615
Smyrna metro Census 31117 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2025
Last sale
$260,860
3 recorded transactions
2025
$260,860
2025
Price N/A
2013
$1.2M

Zoning & alternative use

R-15 · Smyrna, GA
Zoning description

The R-15 district is comprised primarily of existing low density residential areas of the City of Smyrna, and vacant or open areas where similar residential development appears likely to occur. The intent in establishing…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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