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2372 Lawrenceville Hwy - Odyssey House 20,441 SF Health Care Building Offered For Sale in Decatur, GA 30033



Investment Highlights
- Currently approved for senior living, personal care, daycare, and adaptable for office, medical, and dental uses.
- Immediate income from an established daycare tenant with interest in a new long-term lease.
- Proximity to major thoroughfares, Emory University, and the new 73-acre Lulah Hills mixed-use development.
- Located in a high-demand area with virtually no competing vacancies within a five-mile radius.
- Positioned along Lawrenceville Highway with over 37,000 vehicles per day, ensuring strong visibility.
- Situated in a growing submarket with strong demographics and consistent rent growth trends.
Executive Summary
This 20,441 SF value-add investment opportunity at 2372 Lawrenceville Highway in Decatur, GA, offers a rare chance to acquire a versatile property in a high-demand submarket. The asset is currently approved for senior living, personal home care, daycare, and can accommodate office, medical, and dental uses, providing multiple repositioning strategies for investors.
The property benefits from virtually no competing vacancies within a five-mile radius, signaling strong pent-up tenant demand. It is currently generating income from a long-term daycare tenant, offering immediate cash flow with the potential for further upside through lease extensions or redevelopment. Located on a 1.69-acre parcel along a major thoroughfare with traffic counts exceeding 37,000 VPD, the site ensures excellent visibility and accessibility.
Decatur’s robust economy, driven by population growth and strong household incomes, supports sustained demand for healthcare, childcare, and senior services. Additionally, the property is positioned near the transformative Lulah Hills mixed-use development, which will bring 2.5 million SF of retail, residential, and green space just half a mile away. This combination of location, market fundamentals, and flexible zoning creates an exceptional platform for investors to maximize returns in a thriving Atlanta submarket.
The property benefits from virtually no competing vacancies within a five-mile radius, signaling strong pent-up tenant demand. It is currently generating income from a long-term daycare tenant, offering immediate cash flow with the potential for further upside through lease extensions or redevelopment. Located on a 1.69-acre parcel along a major thoroughfare with traffic counts exceeding 37,000 VPD, the site ensures excellent visibility and accessibility.
Decatur’s robust economy, driven by population growth and strong household incomes, supports sustained demand for healthcare, childcare, and senior services. Additionally, the property is positioned near the transformative Lulah Hills mixed-use development, which will bring 2.5 million SF of retail, residential, and green space just half a mile away. This combination of location, market fundamentals, and flexible zoning creates an exceptional platform for investors to maximize returns in a thriving Atlanta submarket.
Property Facts
| Sale Type | Investment or Owner User | Building Size | 20,441 SF |
| Property Type | Health Care | No. Beds | 24 |
| Property Subtype | Assisted Living | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1970/2001 |
| Lot Size | 1.69 AC | Parking Ratio | 8.81/1,000 SF |
| Zoning | O-I - Office Institutional | ||
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 1.69 AC |
| Building Size | 20,441 SF |
| No. Beds | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2001 |
| Parking Ratio | 8.81/1,000 SF |
| Zoning | O-I - Office Institutional |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18-116-01-024 | Improvements Assessment | $378,393 CAD |
| Land Assessment | $591,847 CAD | Total Assessment | $970,240 CAD |
Property Taxes
Parcel Number
18-116-01-024
Land Assessment
$591,847 CAD
Improvements Assessment
$378,393 CAD
Total Assessment
$970,240 CAD
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2372 Lawrenceville Hwy - Odyssey House
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