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    Property profile & analytics

    3941 Covered Brg SW Rd Smyrna, GA 30082-3615

    • Investment properties
    • 1,805 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    May 05, 2025
    $260,860
    Location Intelligence
    Property ID
    US22-1066225
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 3941 Covered Brg SW Rd

    Year built
    1959
    Lot size
    0.73 lot acres
    Property size
    1,805 SF
    Zone code
    R-15
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    17009700070
    APU
    17009700070

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $185,000
      7%
      $170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $200,000
      Retail
      $160,000
      Mixed-Use
      $165,000
      Hospitality
      $160,000
      Educational
      $170,000
      Residential Income
      $200,000
      Energy
      $200,000
      Income-Based Land
      $155,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5672
    Latitude
    33.8584
    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
    $4,148
    $45,628
    $91,960
    $137,588
    -
    $114,070
    $229,900
    $343,970

    Comparable in this City

    • Value Estimation
      $535,000
      5,537 SF

      395 Russell SW Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 5,537 SF
      395 Russell SW Dr, Smyrna, GA 30082
      View Details
    • Value Estimation
      $285,000
      1,984 SF

      614 Concord SE Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,984 SF
      614 Concord SE Rd, Smyrna, GA 30082-2619
      View Details
    • Value Estimation
      $275,000
      1,000 SF

      596 Concord SE Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,000 SF
      596 Concord SE Rd, Smyrna, GA 30082-2608
      View Details
    • Value Estimation
      $375,000
      3,824 SF

      5330 Oakdale SE Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,824 SF
      5330 Oakdale SE Rd, Smyrna, GA 30082-5218
      View Details
    • Value Estimation
      $215,000
      1,200 SF

      630 Concord SE Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      630 Concord SE Rd, Smyrna, GA 30082-2619
      View Details
    • Value Estimation
      $365,000
      2,436 SF

      710 Concord SE Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,436 SF
      710 Concord SE Rd, Smyrna, GA 30082-2623
      View Details

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    Smyrna, GA 30082-3615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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