$7,000,000
$7,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
90,000 SqFt
SOLD DATE : 12/30/2024
Key Details
Sold Price $7,000,000
Property Type Commercial
Sub Type Church
Listing Status Sold
Purchase Type For Sale
Square Footage 90,000 sqft
Price per Sqft $77
MLS Listing ID 7416946
Sold Date 12/30/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 2000
Tax Year 2023
Lot Size 16.700 Acres
Acres 16.7
Property Description
Prime investment opportunity. This building is currently operating as a church, daycare, and private school facility. School faculty is able
to stay if the buyer would like to continue to run it with the current staff in place. This acreage is a prime location with frontage on two
roadways, one being C. H. James Pkwy. traffic light in place, high traffic count, 20,000+, the property also has 1,500ft of frontage on the
Silver Comet trail. Perfect location for a Quick Trip shopping center or condo/apartment high rise. Currently zoned as residential with
special use for church. Multiple buildings on the property are modular and could be sold and moved. Private schools can hold up to 500
students. Industrial kitchen equipment in the school cafeteria and gymnasium. The gymnasium had a brand-new floor installed last year.
The current Cap rate of 7.5% is solely based on the current enrollment in the school and daycare, not the church income. Current private
school enrollment is less than half of the maximum capacity leaving potential for growth.
Location
State GA
County Cobb
Zoning Res
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Other
Heating Central, Zoned
Cooling Central Air, Zoned
Flooring Carpet, Concrete, Vinyl, Other
Window Features None
Exterior
Parking Features Parking Lot
Fence None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Metal
Street Surface Paved
Accessibility Accessible Doors, Accessible Entrance
Handicap Access Accessible Doors, Accessible Entrance
Total Parking Spaces 150
Private Pool false
Building
Lot Description Corner Lot, Level
Story One
Foundation None
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Concrete
New Construction No
Construction Status Resale
Others
Senior Community no
Tax ID 19073400010
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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