2364 Candler RdDecatur, GA 30032

  • Mixed-use properties
  • 1,209 SF
For Lease
$15/SF/YR View listing

Property Details for 2364 Candler Rd

Year built
1954
Lot size
0.27 AC
Property size (Sq ft)
1,209 SF
Zone code
OI
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
15 137 04 005
APU
1513704005

Description

This exceptional 1,209 square foot single-tenant office space, located on Candler Road in Decatur, GA, presents a fantastic opportunity for a small business seeking a move-in ready location. Built in 1954, this one-story building sits on a generous 2.5-acre lot and offers a functional layout. The interior comprises four separate rooms, perfect for private offices or meeting spaces, complemented by a convenient kitchen and two restrooms. The property is zoned O-I, providing flexibility for various office uses. With a total building square footage of 1,209 square feet, the entire space is currently vacant and ready for immediate occupancy. The building's floor area ratio (FAR) is 0.11. Annual property taxes are $2.72 per square foot. This property offers a unique blend of established infrastructure and ample land, providing significant potential for growth and expansion. The property does not include a separate white metal building. This is a rare opportunity to secure a well-located, functional office space in a desirable Decatur location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $259,771
    6.5%
    $239,788
    7%
    $222,660
  • Comparable approach

    Method
    Valuation
    Relative Method
    $235,828
    Geo Method
    $235,828
  • Alternative Use

    Use
    Valuation
    Residential
    $297,337
    Hospitality
    $272,359
    Educational
    $226,600
    Medical
    $234,393
    Retail
    $352,489
2364 Candler Rd, Decatur, Georgia

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7214
Longitude
-84.2767
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
$3,267
$41,426
$19,494
$60,920
-
$103,564
$48,736
$152,300

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