111 Church StDecatur, GA 30030

  • Office properties
  • 3,600 SF
For Sale
$2,500,000 View listing

Property Details for 111 Church St

Year built
1945
Construction
WOOD FRAME
Lot size
0.52 AC
Property size (Sq ft)
3,600 SF
Zone code
C2
Property type
Office properties
Property subtype
Office buildings
APN
15 246 02 027
APU
1524602027

Description

This exceptional 1,556-square-foot commercial space, built in 2024, presents a unique opportunity for businesses seeking a prime location within the Colonies. Classified as Class A, this single-tenant property sits on a 1.13-acre lot and is zoned for general retail use, offering versatility for various business types. The building boasts a modern design and is situated on an entrance street, providing excellent visibility and accessibility. Located between established businesses, Lonestar Oral and Maxillofacial Surgery and Amarillo Dental Works, this space benefits from a high-traffic area and strong surrounding demographics. Within a half-mile radius, the average household income is $142,868, and the average home value is $583,318, indicating a desirable and affluent market. The entire 1,556 square feet is currently vacant and available for immediate occupancy. The shell space is ready for tenant improvements, with an allowance available to customize the interior to meet specific business needs. A fire suppression system is already in place, ensuring safety and compliance. The dimensions of the space are 25' 3" x 60' 1". This property offers an unparalleled opportunity to establish a thriving business in a thriving community. Its strategic location, modern construction, and attractive demographics make it an exceptional investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $773,510
    6.5%
    $714,009
    7%
    $663,009
  • Comparable approach

    Method
    Valuation
    Relative Method
    $702,216
    Geo Method
    $702,216
  • Alternative Use

    Use
    Valuation
    Residential
    $885,372
    Hospitality
    $810,996
    Educational
    $674,739
    Medical
    $697,944
    Retail
    $1,049,594
111 Church St, Decatur, Georgia

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7709
Longitude
-84.2946
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
$3,936
$196,000
$196,000
$392,000
-
$490,000
$490,000
$980,000

FAQs

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