2636 Wesley Chapel RdDecatur, GA 30034

  • Retail properties
  • 3,715 SF
For Sale
$949,900 View listing

Property Details for 2636 Wesley Chapel Rd

Year built
1982
Construction
WOOD FRAME
Lot size
0.72 AC
Property size (Sq ft)
3,715 SF
Zone code
C1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
15 126 07 002
APU
1512607002

Description

This exceptional retail property, located at 2636 Wesley Chapel Road in Decatur, Georgia, presents a unique investment opportunity. Boasting a generous 3,715 square feet of space, this property sits on a sizable 0.6-acre lot, offering ample room for expansion, outdoor seating, or additional parking. The property's prime location in Decatur ensures high visibility and accessibility, placing it within a thriving commercial district. The asking price is $949,900. This presents a strong potential for a variety of retail businesses seeking a well-situated and spacious location to establish or expand their operations. The property's size and location make it ideal for businesses requiring significant storefront presence and ample space for inventory or operations. The 0.6-acre lot provides flexibility for future development or expansion, catering to the evolving needs of a growing business. Given the desirable location and substantial square footage, this property is poised for significant return on investment. Serious inquiries are encouraged to explore this exceptional retail opportunity in the vibrant city of Decatur. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,173,383
    6.5%
    $1,083,123
    7%
    $1,005,757
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,826,113
    Geo Method
    $1,826,113
  • Alternative Use

    Use
    Valuation
    Residential
    $913,654
    Hospitality
    $836,903
    Educational
    $696,293
    Medical
    $720,240
    Retail
    $1,083,123
2636 Wesley Chapel Rd, Decatur, Georgia

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7107
Longitude
-84.2171
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
$60,895
$375,732
$910,468
$1,286,200
-
$939,330
$2,276,170
$3,215,500

FAQs

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