3641 Highway 20Conyers, GA 30013

Property Details for 3641 Highway 20

Year built

2005

Construction

WOOD

Lot size

3.44 AC

Property size (Sq ft)

12,546 SF

Zone code

OI/C

Property type

Healthcare properties

Property subtype

Medical offices

APN

049-0-01-017A

APU

049001017A

Description

This exceptional Class A medical and executive office building presents an unparalleled investment opportunity in Conyers, Georgia. Located at 3641 SE Highway 20 SE, this two-story brick structure sits on a substantial 3-acre lot, offering ample space and visibility. Built in 2005, the building boasts 2 separate entrances, ideal for accommodating multiple businesses or expanding existing operations. The first floor is currently configured as a fully functional medical facility, complete with exam rooms, procedure rooms, an x-ray suite, a nurse's station, administrative offices, comfortable patient lounges, and dedicated storage areas. The second floor remains unfinished, providing a blank canvas for future development. This space is ready for build-out to suit one or two additional businesses, maximizing the property's income potential. The building's design also allows for the future installation of an elevator, enhancing accessibility and functionality. The asking price is $1,850,000. This prime location in SE Rockdale County, with its convenient access and high visibility, ensures strong tenant demand and a promising return on investment. The property's versatility and potential for expansion make it an exceptional opportunity for both medical professionals and other businesses seeking a prestigious address in a thriving community. The 30013 zip code offers easy access to major transportation routes and a strong local economy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,695,683

  6.5%

  $2,488,323

  7%

  $2,310,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,447,223

  Geo Method

  $2,447,223

• Alternative Use

  Use

  Valuation

  Residential

  $3,085,520

  Hospitality

  $2,826,320

  Educational

  $2,351,465

  Medical

  $2,432,336

  Retail

  $3,657,835

Location Insight

City

Conyers

County

Rockdale

State

Georgia

Latitude

33.5929

Longitude

-84.0152

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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