1455 Church StDecatur, GA 30030

Property Details for 1455 Church St

Year built

1947

Lot size

0.44 AC

Property size (Sq ft)

1,252 SF

Zone code

OI

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

18 049 05 005

APU

1804905005

Description

This exceptional 1,300 square foot traditional office building sits on a 0.44-acre lot at 1455 Church Street in Decatur, Georgia, 30030. Priced at $600,000 ($461.54/sq ft), this property presents a compelling owner-user opportunity in a thriving Decatur market. The building's convenient location offers immediate proximity to the Emory Decatur Hospital campus and is directly across the street from a recently renovated Walmart center, ensuring high visibility and accessibility. The 0.44-acre lot provides significant potential for future development or expansion. This property could be combined with the adjacent 1463 Church Street property (0.37 acres) for even greater development possibilities. The existing office building provides immediate income potential, while the substantial land area offers significant long-term value and flexibility for a variety of uses. This is a rare opportunity to acquire a well-located property in a desirable area of Decatur, near the downtown area, with strong potential for both immediate use and future development. The property's strategic location and size make it an ideal investment for those seeking a blend of existing income and future growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $269,010

  6.5%

  $248,317

  7%

  $230,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $244,215

  Geo Method

  $244,215

• Alternative Use

  Use

  Valuation

  Residential

  $307,913

  Hospitality

  $282,046

  Educational

  $234,659

  Medical

  $242,730

  Retail

  $365,025

Location Insight

City

Decatur

County

Dekalb

State

Georgia

Latitude

33.7899

Longitude

-84.2866

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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