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    5026 Snapfinger Woods Dr Decatur, GA 30035-4063
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    Property profile & analytics

    5026 Snapfinger Woods Dr, Decatur, GA 30035-4063

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    • Office buildings
    • 6,000 SF
    • 1.41 lot acres
    Off-Market
    Last Sale Oct 27, 2023
    $1,300,000
    Property ID
    US22-0191501
    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
    $1,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Power Couple 17 LLC / Business Management Consultant
    • Avery Automotive / Car Dealership
    • Andrews renovations and home remodeling / Construction Company / General Contractor
    • Thrifting Atlanta / Discount Store
    • Sugar Bunz / Dance Store

    Property Details for 5026 Snapfinger Woods Dr

    Year built
    1983
    Lot size
    1.41 lot acres
    Zone code
    M
    Property type
    Office buildings
    APN
    16 025 01 013
    APU
    1602501013

    Description

    This exceptional multi-tenant office investment opportunity, located at 5026 Snapfinger Woods Drive in Decatur, Georgia, presents a compelling proposition for discerning investors. The property consists of two single-story buildings totaling 10,000 square feet of rentable space, situated on a 1.41-acre lot. Currently boasting 97% occupancy with a diverse tenant mix, the property generates a strong net operating income (NOI) of $141,023, yielding an attractive 8.81% cap rate. The asking price is $1,600,000, translating to $160 per square foot. Built in 1984 and classified as Class C, the property features 32 units, ranging in size down to 200 square feet, and offers 36 parking spaces. The property benefits from a prime location in DeKalb County, providing convenient access to major transportation arteries, including I-20 and I-285, and is situated near a hospital, ensuring high visibility and accessibility. The property is zoned C1 - Local Commercial and includes an entrance monument sign. The current lease type is gross, and the occupancy date is November 1, 2024. Owner financing is available. This investment offers a stable income stream with significant potential for appreciation in a thriving Atlanta submarket. The property's strong occupancy rate, combined with its strategic location and ample parking, makes it an ideal addition to any real estate portfolio.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $800,000
      ML approach
      $1,095,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,430,000
      6.5%
      $1,320,000
      7%
      $1,225,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,147,000
      Market price range: $200k - $1.15M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,520,000
      Current use
      AUTO REPAIR, GARAGE
      $1,585,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,455,000
      Change: -4% Conversion: Easy
      RETAIL STORES
      $1,400,000
      Change: -8% Conversion: Moderate
      MEDICAL BUILDING
      $1,390,000
      Change: -9% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.1817
    Latitude
    33.7117
    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
    $24,498
    $36,440
    $483,560
    $520,000
    -
    $91,100
    $1,208,900
    $1,300,000
    More about this property
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