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    1640 Lakewood Ave SE Atlanta, GA 30315

    For Sale
    $215,000

    COMMERCIAL - Atlanta, GA

    Lot size:
    0.27 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 1640 Lakewood Ave SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    14 005700170228
    Parking features
    On Street
    Lot size
    0.27 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1940
    Flooring type
    Vinyl
    Building materials
    Wood Siding
    Roof type
    Tile

    Atlanta Communities Real Estate Brokerage, LLC (770) 240-2000 [email protected]

    Listing agent Nicholas Dixon (404) 844-4198

    Listing date Sep 30, 2025

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakewood Avenue Investment Opportunity

    This offering presents investors and developers with a package deal consisting of three lots, totaling 0.42 acres. The package includes two duplexes and one single-family home. The properties are located on Lakewood Avenue near the Lakewood Amphitheater and The Ron Clark Academy. The location is experiencing increased construction and development. The properties included are: 1644 Lakewood Ave. SE, 30315 (Duplex); 1640 Lakewood Ave. SE, 30315 (Duplex); and 1653 Richmond Ave. SE, 30315 (Single Family Home). The properties are zoned for commercial use, offering multiple development possibilities. Options include maintaining the properties as rental units with upgrades, or redeveloping the parcels into multi-unit housing, mixed-use buildings, or single-family homes or townhouses. One of the lots is 0.273 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.379631
    Latitude
    33.709502

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    FAQs

    What type of property is this?
    Single family property - Package deal: three lots with commercial zoning near Lakewood Amphitheater.
    Where is this single family property located?
    The property is located at 1640 Lakewood Ave SE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Package deal of three properties (two duplexes, one single-family home) totaling .42 acres.; - Commercial zoning offers diverse development opportunities (multi-unit housing, mixed-use, townhouses).; - Prime location on Lakewood Avenue, near Lakewood Amphitheater and The Ron Clark Academy.
    (404) 844-4198
    Request Owner's contact information
    1640 Lakewood Ave SE Atlanta, GA 30315
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    Atlanta, GA 30315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1640 Lakewood Ave SE Atlanta, GA 30315
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