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    Peachtree Street Retail Condo Title is generated by Realmo AI

    32 Peachtree Street NW, Atlanta, GA 30303

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    Claim this Listing
    For Sale
    $1,000,000

    COMMERCIAL - Atlanta, GA

    Type:Office
    Property size:
    1,822 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $548/SF
    Added:
    Mar 4, 2026
    Days on Market:
    75
    Last Refresh:
    May 18 at 9:06 am

    Property Features for 32 Peachtree Street NW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Window features
    Display Window(s)
    Standard status
    Active
    APN
    14 007800131928
    Size
    1,822 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    11610

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1920
    Flooring type
    Concrete
    Building materials
    Stone
    Roof type
    Tar/Gravel

    We can help!

    Listing Contact
    Deborah A Harris Race

    Listing agent Deborah A Harris Race

    Listing office Keller Williams Realty First Atlanta 200 Glenridge Point Pkwy S-100, Atlanta, GA

    Listing date Mar 4, 2026

    MLS# 10704254

    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.

    HighLights

    • Prime Peachtree Street retail condo with C‑3 zoning for diverse uses.
    • Excellent location across from Woodruff Park and near the 5 Points MARTA station.
    • High foot and vehicle traffic area near Georgia State University and attractions.
    • Two‑level space: 911 sq ft street‑level retail plus 911 sq ft basement storage.
    • Located in building with 115 residential units, providing a built‑in customer base.
    • Owner financing possible.

    Overview

    This commercial retail condo, zoned C-3, is suitable for various retail uses. The 1,822 square feet of space includes 911 square feet on the street level, with an equivalent basement area suitable for storage. The retail space is suitable for a pharmacy, cafe, bookstore, clothing retailer, antique store, music store, dry cleaner, ice cream parlor or dessert store, fitness center, or electronics store. The property is located across the street from Woodruff Park and 500 feet from the 5 Points Marta Station, the transfer point for all Marta rail lines. Georgia State University surrounds the property, providing substantial daily foot traffic. It is within walking distance of Peachtree Plaza, Mercedes Benz Stadium, Georgia World Congress Center, Centennial Olympic Park, State Farm Arena, Underground Atlanta, and the Georgia Aquarium. The building includes 115 residential condo units directly above, with over 30,000 cars passing by daily on three major converging streets. The lot size is 0.042 acres. The property is located in Atlanta, GA 30303, Fulton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Entertainment Ventures Inc Accounting Firm The William Oliver Condo Condominium Complex Denis L. Zavodny, ... Physician Reading For Less Worldwide Publishing House

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center Skin Care Clinic

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

    Similar Places Nearby

    • Studio 3 Same Day Flower Delivery CO. — 58 broad st nw, atlanta, ga 30303
    • Art Floral Trading LLC — Atlanta, GA 30303
    • Mills Floral Company — 4550 W Peachtree St NW 11 - E4, Atlanta, GA 30303
    • Full Pot of Flowers — Atlanta, GA 30303
    • T&C Floral Company — 240 Peachtree St, Atlanta, GA 30303

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.389878
    Latitude
    33.754731

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    FAQs

    What type of property is this?
    Storefront property - Retail condo in high-traffic area near Woodruff Park.
    Where is this storefront property located?
    The property is located at 32 Peachtree Street NW Atlanta, GA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Prime Peachtree Street retail condo with C‑3 zoning for diverse uses.; Excellent location across from Woodruff Park and near the 5 Points MARTA station.; High foot and vehicle traffic area near Georgia State University and attractions.
    (404) 272-9827
    We can help!
    Listing Contact
    Deborah A Harris Race
    Learn More
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    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.

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