395 Russell Drive - Day Care Center FOR SALE


Smyrna, GA 30082- Near-In Cobb
$795,000 USD
770-992-5112
395 Russell Drive, Smyrna, GA for Sale
$795,000 USD
Day Care Center - FOR SALE
1/23
null | Request Cap Rate

395 Russell Drive
Smyrna, GA 30082
Near-In Cobb


HIGHLIGHTS

  • Survey, certifications, and more info on property available upon request
  • 2 renovated units with private, fenced areas. Currently Vacant
  • Large outdoor space, 3 parcels with 2.65 acres total
  • Across from Russell Elementary School
  • Daycare approved for 134 children

OVERVIEW

This is a fantastic opportunity to purchase 2 parcels totaling 1.9 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. See OM and flyer for more details, 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

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Smyrna Daycare -5,500 SF -1.9 Acres -Licensed

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Veterinarian/Kennel

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-20

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.