4200 Washington RdEast Point, GA 30344

  • Day care centers & nurseries
  • 3,124 SF
For Sale
$1,200,000 View listing

Property Details for 4200 Washington Rd

Year built
1960
Construction
WOOD
Lot size
2.26 AC
Property size (Sq ft)
3,124 SF
Zone code
R1
Property type
Day care centers & nurseries
APN
13 000200010018
APU
13000200010018

Description

This exceptional turnkey retail opportunity in East Point, Georgia, presents a rare chance to acquire an established daycare and preschool. The property, located at 4200 Washington Road, encompasses 5,400 square feet across two buildings situated on a 2.26-acre lot. Building 1 was constructed in 1960, while Building 2 was built in 1992. Currently operating as a successful childcare center, the facility has a capacity for over 143 children and includes ample space, certified staff, and oversized playgrounds. A large kitchen and food storage area facilitate participation in government food programs. Two buses are included, enhancing transportation capabilities and serving a growing clientele. The property benefits from strong potential for enrollment growth, particularly within its after-school programs. This established business offers immediate income potential and is ideally positioned to serve the thriving East Point community. The asking price is $1,200,000. This is a unique opportunity to own a well-regarded daycare center with significant growth potential. The property's prime location and existing infrastructure make it an attractive investment for those seeking a stable and profitable venture in the childcare sector. The Fulton County location provides easy access to major transportation routes and a strong local demographic.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $388,414
    6.5%
    $358,536
    7%
    $332,926
  • Comparable approach

    Method
    Valuation
    Relative Method
    $700,773
    Geo Method
    $700,773
  • Alternative Use

    Use
    Valuation
    Residential
    $454,818
    Hospitality
    $416,610
    Educational
    $346,615
    Medical
    $358,536
    Retail
    $539,179

Location Insight

City
East Point
County
Fulton
State
Georgia
Latitude
33.6416
Longitude
-84.4897
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
2023
$9,680
$199,040
$143,920
$342,960
-
$497,600
$359,800
$857,400

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