1711 Candler RdDecatur, GA 30032

  • Investment properties
  • 936 SF
For Sale
$349,000 View listing

Property Details for 1711 Candler Rd

Year built
1945
Construction
WOOD FRAME
Lot size
0.16 AC
Property size (Sq ft)
936 SF
Zone code
C1
Property type
Investment properties
Property subtype
Live-work space
APN
15 183 05 011
APU
1518305011

Description

This exceptional executive office building, located at 1711 Candler Road in Decatur, Georgia, presents a unique investment opportunity. Built in 1945, this single-building property sits on a 0.2-acre lot and is offered at an asking price of $349,000. The property is classified as both Office and Retail, specifically an Executive Office, and is ideal for a variety of professional uses. Its recent renovation makes it suitable for a range of businesses, including but not limited to: therapists, event planners, boutique consulting firms, freelancers, and tax professionals. The property's blend of residential comfort and functional workspace makes it particularly attractive for those seeking to combine living and working environments. Its convenient location offers easy access to key areas. It's less than five minutes from the East Lake Golf Course, Kirkwood, and Oakhurst, and within ten minutes of both downtown Decatur and downtown Atlanta. The property's zoning and permitted uses should be independently verified. This is a rare opportunity to acquire a well-located, renovated office building in a thriving Georgia community. The property's cap rate is currently listed as 0%.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $201,113
    6.5%
    $185,642
    7%
    $172,382
  • Comparable approach

    Method
    Valuation
    Relative Method
    $182,576
    Geo Method
    $182,576
  • Alternative Use

    Use
    Valuation
    Residential
    $230,197
    Hospitality
    $210,859
    Educational
    $175,432
    Medical
    $181,466
    Retail
    $272,894

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.741
Longitude
-84.2896
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
$3,191
$20,640
$10,640
$31,280
-
$51,600
$26,600
$78,200

FAQs

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