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$7,000,000

$7,500,000 6.7%

Est. payment - /mo

90,000 SqFt

Sold on 12/30/2024

5790 Powder Springs Dallas Powder Springs, GA 30127

Michael Stansky

Agent | License ID: 403637

+1(706) 309-0448

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UPDATED:

Key Details

Sold Price $7,000,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 90,000 sqft

Price per Sqft $77

MLS Listing ID 10333808

Sold Date 12/30/24

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 2000

Tax Year 2023

Lot Size 16.700 Acres

Acres 16.7

Lot Dimensions 16.7

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

Equipment Industrial Equipment

Fireplace No

Exterior

Parking Features Parking Lot, Paved

Garage Spaces 150.0

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

View Y/N No

Roof Type Metal

Total Parking Spaces 150

Garage No

Private Pool No

Building

Lot Description City Lot, Corner Lot, Level

Faces GPS compatible

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction No

Others

Tax ID 19073400010

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Resale

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Michael Stansky

Agent | License ID: 403637

+1(706) 309-0448