5790 Powder Springs Dallas RoadPowder Springs, GA 30127
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active Under Contract | |
3 months ago | Price changed to $7,500,000 | |
5 months ago | Listing first seen on site |
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Data last updated at: 2024-10-30 12:00 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.