6472 Church StDouglasville, GA 30134

Property Details for 6472 Church St

Year built

1973

Construction

WOOD

Lot size

0.76 AC

Property size (Sq ft)

10,300 SF

Zone code

CG

Property type

Office properties

Property subtype

Office buildings

APN

0020-01-5- -00016

APU

2001500016

Description

This exceptional investment opportunity encompasses two prime parcels totaling 1.68 acres in the heart of Douglasville, GA, strategically positioned within the City's Town Green project. The first parcel features an L-shaped brick building boasting street-level storefronts and numerous interior suites, currently generating substantial rental income. The second parcel includes a basement suite and a separate commercial house, both also leased. In total, the property includes multiple rented storefronts, a basement suite, a commercial house, and numerous (19+) interior suites, all currently generating income. The interior suites offer considerable flexibility and can be adapted to suit a variety of uses. This property presents a unique chance to acquire a well-established, income-producing asset with significant upside potential. The combined parcels offer a substantial footprint for future development, aligning perfectly with the City of Douglasville's Town Green initiative. The existing rental income provides immediate return on investment, while the development potential offers long-term growth opportunities. Showings are strictly by appointment only. This is a rare opportunity to acquire a significant property in a rapidly developing area. The property is being sold as a single package

• CAP approach

  CAP return

  Valuation

  6%

  $2,005,630

  6.5%

  $1,851,351

  7%

  $1,719,112

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,747,162

  Geo Method

  $2,009,118

• Alternative Use

  Use

  Valuation

  Residential

  $2,295,675

  Hospitality

  $2,102,826

  Educational

  $1,749,527

  Medical

  $1,809,696

  Retail

  $2,721,486

Location Insight

City

Douglasville

County

Douglas

State

Georgia

Latitude

33.7526

Longitude

-84.7423

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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