395 Russell Dr - Day Care Center FOR SALE


Smyrna, GA 30082- Near-In Cobb
$795,000 USD
770-992-5112
395 Russell Dr, Smyrna, GA for Sale
$795,000 USD
Day Care Center - FOR SALE
1/28
null | Request Cap Rate

395 Russell Dr
Smyrna, GA 30082
Near-In Cobb


HIGHLIGHTS

  • Zoned R-15
  • Daycare approved for over 97 children
  • Located in the vibrant area of Smyrna right across from Russell Elementary School
  • Redevelopment opportunity for Multi-unit residential
  • 5500 SF on 1.91 Acres of land

OVERVIEW

This is a fantastic opportunity to purchase 2 parcels totaling 1.91 acres right in the heart of the Smyrna suburbs. This property was originally used as a daycare prior to Covid, and can still be used as such as all the Bright from the Start licenses are up to date and grandfathered in through Cobb County. The daycare building has received renovations, but will need further updates to prepare for a daycare. Both properties are zoned R-15. This opportunity is primed for a developer to build homes or renovate as a duplex, as the topography is great, its on sewer, there's no flooding, and its right across from Russell Elementary. Alternatively a daycare operator could easily come in with renovations and continue operating the property under the current transferrable licenses. This property could be gutted and redeveloped as a triplex or quadriplex with its current zoning. Owner financing available for the right party. The asking price for both properties is $795,000. The addresses are as follows- 395 Russell Dr - 1.41 acre parcel with a 5500SF building built in 1973 and renovated to be a day care center. Great wood flooring throughout with a huge basement. Bridgebrook LN - .5 acre parcel adjacent to 395 Russell Dr. Zoned R-15

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Smyrna Daycare - 5,500 SF - 1.91 acres - Russ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,200 SF

ZONING

R-15

APN/PARCEL ID

17-0097-0-007-0,17-0097-0-009-0,17-0120-0-005-0,17-0120-0-006-0

ASK ABOUT THIS PROPERTY

Jake CrevistonSVN Creviston RealtyMore Info
770-992-5112

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Jake CrevistonSVN Creviston RealtyMore Info
770-992-5112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.