5243 Snapfinger Woods Dr - Medical CONDO FOR SALE


Decatur, GA 30035
$375,250 USD
5243 Snapfinger Woods Dr, Decatur, GA for Sale
$375,250 USD
Medical CONDO - FOR SALE
1/7
null | Request Cap Rate

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5243 Snapfinger Woods Dr
Decatur, GA 30035


HIGHLIGHTS

  • Suite 104 is 2,736 SF Medical/Dental Office Condo, Move-In-Ready Healthcare Office Configuration
  • PRE-FORECLOSURE -MAKE A CASH OFFER - Recent Appraisal of $395,000, Owner-User or Lease-Up Investment Opportunity
  • 7 Exam Rooms + 3 Private Offices, Multiple Sinks + 3 Restrooms, Separate Physician/Staff Entrance
  • Covered Patient Drop-Off/Pick-Up Area with ramped sidewalk, Ample Shared FREE Surface Parking, Apprx 1 Mile to I-20,
  • MARTA Route 114 bus stop at/near property – direct service to Decatur MARTA Station and Stonecrest (according to MARTA online sources)
  • Appraisal-Derived Stabilized Cap Potential ˜ 8.5% for an Investor, Investment Pro Forma Available Upon Request

OVERVIEW

DISTRESS SALE: Make a CASH offer! PRICED 5% BELOW RECENT APPRAISAL — $375,250 asking price versus a June 2026 independent appraised value of $395,000. Owner-User Opportunity: Seller has changed its business model and no longer requires a dedicated physical office location. This creates an opportunity for a qualified medical or dental owner-user to acquire an established office condominium, control its occupancy and build equity rather than continue leasing. Investment Opportunity: The recent appraisal concluded market base rent of approximately $13.50/SF NNN and modeled stabilized NOI of approximately $31,750 annually. At the current asking price, those appraisal-derived assumptions indicate a stabilized capitalization rate of approximately 8.5% following lease-up to a qualified medical/dental tenant. Illustrative investment pro forma available from Broker upon request. Projections are estimates only and are not representations of existing rental income or future investment performance.

FOR SALE DETAILS

PRICE

$375,250 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

STE 104 Snapfinger Med/Dental Specialty Cntr

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

2,736 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,659 SF

ZONING

M

APN/PARCEL ID

16-041-08-003

ASK ABOUT THIS PROPERTY

Van YonCommercial Realty of Georgia, LLCMore Info

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Van YonCommercial Realty of Georgia, LLCMore Info

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