2855 Candler RdDecatur, GA 30034

  • Healthcare properties
  • 17,500 SF
For Sale

Property Details for 2855 Candler Rd

Year built
1973
Construction
WOOD FRAME
Lot size
1.63 AC
Property size (Sq ft)
17,500 SF
Zone code
C1
Property type
Healthcare properties
Property subtype
Medical offices
APN
15 120 02 090
APU
1512002090

Description

This exceptional 17,500-square-foot medical office building in Decatur, Georgia, presents a compelling investment opportunity. Located at 2855 Candler Rd, in DeKalb County (zip code 30034), this single-story, Class B building boasts a 100% occupancy rate with a diverse mix of established medical tenants, including OB/GYN, chiropractic, podiatry, primary care, pediatric, and orthodontic practices. Some tenants have occupied the building for over two decades, demonstrating strong tenant loyalty and stability. Built in 1973, the property sits on a 1.586-acre lot and features 91 parking spaces, ensuring ample convenience for patients and staff. Its strategic location just inside I-285 (ITP), near I-20, and at the main entrance to The Gallery at South DeKalb regional mall provides excellent visibility and accessibility. The property benefits from a signalized intersection with easy ingress/egress and a MARTA bus stop nearby. Its proximity to East Lake Golf Club, Georgia State University's Perimeter Campus, and Hartsfield-Jackson Atlanta International Airport further enhances its appeal. The property is zoned C1 and comprises six units within a single building. This well-maintained asset offers a rare opportunity to acquire a fully occupied, high-performing medical office building in a densely populated area of Atlanta with strong historical occupancy. The property's location and tenant mix provide a stable and attractive investment profile.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,760,119
    6.5%
    $3,470,879
    7%
    $3,222,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,413,550
    Geo Method
    $3,413,550
  • Alternative Use

    Use
    Valuation
    Residential
    $4,303,890
    Hospitality
    $3,942,340
    Educational
    $3,279,981
    Medical
    $3,392,784
    Retail
    $5,102,192
2855 Candler Rd, Decatur, Georgia

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7061
Longitude
-84.2726
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
$46,859
$198,220
$834,260
$1,032,480
-
$495,550
$2,085,650
$2,581,200

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