3186 Glenwood RdDecatur, GA 30032

Property Details for 3186 Glenwood Rd

Year built

1951

Construction

WOOD FRAME

Lot size

0.10 AC

Property size (Sq ft)

4,500 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

15 183 26 007

APU

1518326007

Description

This exceptional 2,500 square foot retail space is ideally situated at the intersection of Glenwood Road and Candler Road in Decatur, Georgia, offering unparalleled visibility and accessibility. The property boasts a prominent street-front location, ensuring maximum exposure to potential customers. This single-tenant space is perfect for a variety of retail businesses seeking a high-traffic location. The building is part of a vibrant shopping center, creating a synergistic environment with a diverse mix of established businesses. Neighboring businesses include a hair salon, nail salon, dry cleaner, smoke shop, and an insurance company, among others, contributing to a thriving commercial atmosphere. The property's address is 3186 Glenwood Rd, Decatur, GA 30032. The property type is street-front retail, offering excellent walk-in traffic potential. This is a rare opportunity to secure a well-located, spacious retail unit in a desirable Decatur location. The property is ready for immediate occupancy. Interested parties should inquire for lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $1,421,325

  6.5%

  $1,311,992

  7%

  $1,218,279

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,211,980

  Geo Method

  $2,211,980

• Alternative Use

  Use

  Valuation

  Residential

  $1,106,715

  Hospitality

  $1,013,745

  Educational

  $843,424

  Medical

  $872,430

  Retail

  $1,311,992

Location Insight

City

Decatur

County

Dekalb

State

Georgia

Latitude

33.7392

Longitude

-84.2877

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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