111 Church StDecatur, GA 30030
- Office properties
- 3,600 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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