Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1791 Flat Shoals Road College Park, GA 30349

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $99,000

    LAND - College Park, GA

    Lot size:
    1.00 Acre
    Added:
    Nov 4, 2025
    Days on Market:
    175
    Last Refresh:
    Apr 28 at 6:06 pm

    Property Features for 1791 Flat Shoals Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    13122A D001
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    25
    Tax Annual Amount
    406

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Tracy Szilagyi

    Listing agent Tracy Szilagyi

    Listing office Coldwell Banker Bullard Realty 201 Prime Point, Jonesboro, GA

    Listing date Nov 4, 2025

    MLS# 10641722 Listing URL

    Copyright © 2026 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

    College Park Multi-Family Zoned Land

    This one-acre wooded lot is located in College Park, GA. The property is zoned for multi-family use and has potential for commercial development. Public utilities are located nearby. The property is suitable for development or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    College Park
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5246
    Latitude
    33.6188

    Nearby Similar for Sale

    • $350,000
      41,940 SF

      College Park Commercial Land Opportunity

      Land with potential for rezoning in a growing area.
      5590 Mason Road, College Park, GA 30349
      View Details
    • $1,600,000
      6,580 SF

      Downtown College Park Commercial Building

      Commercial building with leased spaces and event center in College Park.
      3737 Main Street, College Park, GA 30337
      View Details
    • $349,990

      Duplex in Desirable College Park

      Well-maintained duplex with income potential near Atlanta and airport.
      1292 Crystal Lake Road, College Park, GA 30349
      View Details
    • $99,999

      College Park Vacant Residential Lot

      Vacant lot in established community near Atlanta Airport.
      4480 Janice Drive, College Park, GA 30337
      View Details
    • $1,025,000
      4,017 SF

      Salon Suites Investment Opportunity

      Income-producing salon suites in College Park, Atlanta.
      5610 Old National Highway, College Park, GA 30349
      View Details
    • $6,500,000

      Retail Building in College Park

      Retail building with high visibility, ample parking, and strong traffic.
      5495 Old National Highway, College Park, GA 30349
      View Details
    • $6,500,000

      Retail Building in College Park

      Retail building with high visibility, ample parking, and strong traffic.
      5495 Old National Highway, College Park, GA 30349
      View Details
    • $895,000
      23,000 SF

      Adaptable School Building on Large Site

      23,822 SF building on 3.75 acres in South Fulton.
      5545 Stonewall Tell Rd, College Park, GA 30349
      View Details
    • $129,900

      Hospitality Campus Zoned Land

      90 x 190 lot in Atlanta Aerotropolis District.
      1590 E Princeton Avenue, College Park, GA 30337
      View Details
    • $1,199,000

      College Park Land For Sale

      3.5-acre site in College Park, ideal for industrial development.
      2723 Roosevelt Hwy, College Park, GA 30337
      View Details
    • $1,199,000

      College Park Industrial Site For Sale

      3.5-acre industrial site in College Park, suitable for various uses.
      2723 Roosevelt Hwy, College Park, GA 30337
      View Details

    FAQs

    What type of property is this?
    Commercial land - One-acre wooded lot with multi-family and commercial potential.
    Where is this commercial land located?
    The property is located at 1791 Flat Shoals Road College Park, GA.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 1‑acre wooded lot zoned multi‑family with possible commercial use.; Ideal for development or investment.; Flexible land use potential.
    (770) 330-9120
    We can help!
    Listing Contact
    Tracy Szilagyi
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!