2486 Candler RdDecatur, GA 30032

Property Details for 2486 Candler Rd

Year built

1967

Construction

WOOD FRAME

Lot size

1.01 AC

Property size (Sq ft)

3,138 SF

Zone code

C1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

15 137 15 017

APU

1513715017

Description

This exceptional 1.04-acre commercial lot presents a remarkable opportunity for development. Located on bustling Candler Road in Decatur, Georgia, this property boasts over 23,000 vehicles per day, ensuring high visibility and significant foot traffic. The site's strategic location offers easy access to Interstate 20 and is surrounded by other retail establishments, creating a vibrant and desirable commercial environment. The lot features 101 feet of frontage along Candler Road, complete with a convenient curb cut for easy ingress and egress. Currently vacant and graded level, this property is ready for immediate development. A pre-existing site plan for a Quick Service Restaurant (QSR) is available, streamlining the permitting and construction process. This turnkey opportunity is perfect for an investor or developer seeking a high-traffic location with significant potential for return. The property's size and location make it an exceptional investment in a thriving commercial corridor. Don't miss this chance to secure a prime piece of real estate in a high-growth area. The level, graded lot simplifies construction, saving time and money. Act quickly to capitalize on this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $991,137

  6.5%

  $914,896

  7%

  $849,546

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,542,488

  Geo Method

  $1,542,488

• Alternative Use

  Use

  Valuation

  Residential

  $771,749

  Hospitality

  $706,918

  Educational

  $588,147

  Medical

  $608,375

  Retail

  $914,896

Location Insight

City

Decatur

County

Dekalb

State

Georgia

Latitude

33.7175

Longitude

-84.274

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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