5790 Powder Springs Dallas Road Under Contract

Powder Springs,GA 30127

$ 7500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 10333808

Year Built 2000

Tax Year 2023

Lot Size 16.700 Acres

Property Description

rime investment opportunity. This building is currently operating as a church, daycare, and private school facility. School faculty is able to stay if the buyer would like to continue to run it with the current staff in place. This acreage is a prime location with frontage on two roadways, one being C. H. James Pkwy. traffic light in place, high traffic count, 20,000+, property also has 1,500ft of frontage on the silver comet trail. Perfect location for a Quick Trip shopping center or condo/apartment high rise. Currently zoned as residential with special use for church. Multiple buildings on the property are modular and could be sold and moved. Private schools can hold up to 500 students. Industrial kitchen equipment in the school cafeteria and gymnasium. The gymnasium has a brand-new floor installed last year. The current Cap rate of 7.5% is solely based on the current enrollment in the school and daycare, not the church income. Current private school enrollment is less than half of the maximum capacity leaving potential for growth.

Location

State GA

County Cobb

Zoning Residential

Interior

Heating Central,Zoned

Cooling Central Air,Zoned

Flooring Carpet,Concrete,Tile,Vinyl

Exterior

Garage Parking Lot,Paved

Garage Spaces 150.0

Utilities Available Cable Available,Electricity Available,High Speed Internet,Phone Available,Sewer Available,Water Available

Roof Type Metal

Building

Sewer Public Sewer

Others

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

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