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    Investment properties

    3941 Covered Brg SW Rd, Smyrna, GA 30082-3615

    1,805 SF 0.73 ac lot Built 1959
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-1066225
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Christian Atinyo · 1 yrs held
    Christian Atinyo
    since 2025
    Last sale
    $260,860
    3 recorded transactions
    2025
    $260,860
    2025
    2013
    $1.2M
    Zoning & alternative use
    R-15 · Smyrna, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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