80 Charleston Pl Covington, GA 30016
- Day care centers
- 9,624 SF
- 2.00 lot acres
Current Use by Public Records
- Day care centers
Property Details for 80 Charleston Pl
- Year built
- 2006
- Construction
- LIGHT FRAME
- Lot size
- 2.00 lot acres
- Property size
- 9,624 SF
- Zone code
- C1
- Property type
- Day care centers
- APN
- 00130-00000-070-D00
- APU
- 0013000000070D00
Description
This exceptional investment opportunity presents a thriving, established child care center in Covington, Georgia, a rapidly growing area within the Greater Atlanta market. The property encompasses a 9,624 square foot, all-brick building constructed in 2006, situated on a two-acre lot. The center boasts a licensed capacity of 230 children, catering to infants (6 weeks to 12 years old) and offering two full Georgia Pre-Kindergarten classes. Operational hours are Monday through Friday, 6:30 AM to 6:30 PM. Included in the sale is the established business, the building itself, and a substantial 18,000 square foot, fully equipped playground. The center is part of a successful, 21-year-old franchise with 59 locations, ensuring brand recognition and operational support. All equipment and furnishings are included, exceeding state guidelines for child care facilities. Ample parking is available with space for 31 vehicles. This turnkey operation presents a rare opportunity to acquire a profitable, well-established business with significant growth potential in a thriving community. The property's excellent physical condition and prime location, surrounded by retail and residential development, make it an attractive investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,945,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,935,000
- 6.5%
- $2,100,000
- 7%
- $1,935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,780,000
- Geo Method
- $2,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,680,000
- Retail
- $1,755,000
- Mixed-Use
- $1,955,000
- Hospitality
- $2,145,000
- Educational
- $2,030,000
- Residential Income
- $2,105,000
- Energy
- $2,135,000
- Income-Based Land
- $1,700,000
- Food Service
- $2,020,000
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Newton
- State
- Georgia
- Longitude
- -83.9709
- Latitude
- 33.578
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
