Mixed-Use Land for Sale in Powder Springs, Georgia
5790 Powder Springs Dallas Rd Powder Springs, GA 30127
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.
Property details
- County
- Cobb County
- Elevation
- 1,020 feet
- MLS Number
- GAMLS 10333808
- Date Posted
Parcels
- 19073400010
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- Century 21 Real Estate
Structure
- Materials
- Block, Concrete Block
- Roof
- Metal
- Cooling
- Central A/C, Zoned A/C
- Heating
- Central Furnace, Zoned
Exterior
- Parking Spots
- 150
Interior
- Floors
- Carpet, Concrete, Tile, Vinyl
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 9, 2024 | New listing | $10,000,000 | — | GAMLS |