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

    957 Astor Avenue Forest Park, GA 30297

    View on Map
    Claim this Listing
    For Sale
    $389,000

    Commercial - Forest Park, GA

    Property size:
    3,852 SF
    Lot size:
    0.99 Acres
    Price / SF:
    $100/SF
    Added:
    Nov 4, 2025
    Days on Market:
    175
    Last Refresh:
    Apr 28 at 1:06 pm

    Property Features for 957 Astor Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    3,852 SF
    Lot size
    0.99 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Flooring type
    Laminate, Tile
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Lanedra Thomas
    Lanedra Thomas

    Listing agent Lanedra Thomas

    Listing office Henry County Office 1300 Pennsylvania Avenue, McDonough, GA

    Listing date Nov 4, 2025

    MLS# 10637100 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Forest Park Commercial Property For Sale

    This commercial property is located in Forest Park, Georgia, and is zoned C3. The property includes a building with spacious rooms situated on approximately 0.99 acres. It is located minutes from Hartsfield-Jackson Atlanta International Airport. The property provides 12 parking spaces. The building has 3,852 square feet of space. This property is suitable for business owners and investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dare To Dream Learning ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3585755
    Latitude
    33.6273895

    Nearby Similar for Sale

    • $1,900,000
      2,380 SF

      Prime Industrial Lot with Office

      2.5-acre trucking lot with office near major transportation routes.
      55 Alston Court, Forest Park, GA 30297
      View Details
    • $1,900,000
      2,380 SF

      Trucking Lot with Office Building

      2.5-acre trucking lot with 2,380 sq ft office building.
      55 Alston Court, Forest Park, GA 30297
      View Details
    • $55,000

      Commercial Land in Forest Park

      Corner lot near Atlanta airport with commercial zoning.
      4648 Ernest Drive, Forest Park, GA 30297
      View Details
    • $5,000,000
      7,000 SF

      Commercial Property on Jonesboro Road

      Commercial property for sale with frontage on Jonesboro Road.
      4666 Jonesboro Road, Forest Park, GA 30297
      View Details
    • $750,000
      5,000 SF

      Two-Story Building Near Airport

      Two-story building with suites available near major interstates and airport.
      525 Forest Parkway, Forest Park, GA 30297
      View Details
    • $55,000

      Corner Lot in Forest Park

      Level corner lot near Atlanta airport, suitable for development.
      4648 Ernest Drive, Forest Park, GA 30297
      View Details
    • $300,000

      Forest Park Income Property

      Income-producing property near highways and shopping in Forest Park.
      6186 Holiday Boulevard, Forest Park, GA 30297
      View Details
    • $750,000
      5,000 SF

      Two-Story Office Building Near Airport

      5,000 SF office building close to major interstates and airport.
      Forest Park, GA 30297
      View Details
    • $5,900,000
      29,606 SF

      Industrial Facility with Cooler/Freezer Space

      Industrial building featuring cooler, freezer, and dry storage areas.
      132 Royal Drive, Forest Park, GA 30297
      View Details
    • $749,999
      2 SF

      Prime Commercial Corner Lot Opportunity

      Commercial corner lot near Atlanta airport, zoned C2.
      4170 Thurman Road 4206 Thurman Road, Forest Park, GA 30297
      View Details
    • $2,000,000
      9,630 SF

      Special Purpose

      993 Forest Avenue, Forest Park, GA 30297
      View Details
    • $12,950,000

      Value-Add Multifamily Opportunity

      136-unit multifamily property in a high-growth area.
      4663-4771 Waldrop Dr, Forest Park, GA 30297
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial property in Forest Park, near Atlanta Airport, zoned C3.
    Where is this commercial land located?
    The property is located at 957 Astor Avenue Forest Park, GA.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: Zoned C3 Commercial: Ready for a wide range of business operations; Prime Location: In the heart of Forest Park, offering high visibility and accessibility; Close Proximity to Airport: Minutes from Hartsfield‑Jackson Atlanta International Airport, ideal for businesses needing travel access
    (404) 747-9839
    We can help!
    Listing Contact
    Lanedra Thomas
    Lanedra Thomas
    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!