2981 Church StEast Point, GA 30344

Property Details for 2981 Church St

Year built

1972

Construction

WOOD

Lot size

0.62 AC

Property size (Sq ft)

12,857 SF

Zone code

CR

Property type

Office buildings

APN

14 015700140188

APU

14015700140188

Description

This exceptional mixed-use commercial property, located at 2981 Church St in historic East Point, Georgia, presents a compelling investment opportunity. The 12,857 square foot building, constructed in 1971, features two stories and sits on a generous 26,907 square foot lot. Previously utilized as a medical office and daycare center, this multi-suite building offers significant potential for various uses. The property is being sold "As Is," but boasts a brand new roof, minimizing immediate capital expenditure needs. While some repairs and renovations may enhance its value, the building's solid foundation and prime location provide a strong base for future success. Its convenient location in East Point offers easy access to major roadways and is a short commute from Hartsfield-Jackson Atlanta International Airport. The property is being offered at $499,999, and seller financing is available, even with less-than-perfect credit. This presents a rare chance to acquire a substantial commercial property in a thriving area with flexible financing options. The property's zoning and permitted uses should be independently verified. This is a unique opportunity for investors seeking a high-return property in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,635,333

  6.5%

  $1,509,538

  7%

  $1,401,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,507,886

  Geo Method

  $2,507,886

• Alternative Use

  Use

  Valuation

  Residential

  $1,871,828

  Hospitality

  $1,714,584

  Educational

  $1,426,514

  Medical

  $1,475,574

  Retail

  $2,219,022

Location Insight

City

East Point

County

Fulton

State

Georgia

Latitude

33.674

Longitude

-84.4456

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].