Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    City View Dr Forest Park, GA 30297

    Sponsored
    For Sale
    $210,000

    COMMERCIAL - Forest Park, GA

    Lot size:
    9.30 Acres
    Days on Market:
    42
    Last Refresh:
    Jan 28 at 1:06 am

    Property Features for City View Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Brush, Heavily Wooded
    Zoning
    C4
    Lot size
    9.30 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    ERICKA PARROTT

    Virtual Properties Realty Net (770) 495-5050

    Listing agent ERICKA PARROTT (770) 851-1162

    Listing date Dec 18, 2025

    MLS# 7690984 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land in Forest Park

    This 9.3-acre tract of land is zoned for commercial use, presenting a development opportunity. The property is located near I-285 and Old Dixie, and is a 14-minute drive to Hartsfield-Jackson Atlanta International Airport. The C-4 zoning and location offer possibilities for various commercial ventures, including a warehouse or apartments. The property is located in a rapidly growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.375973
    Latitude
    33.629392

    Nearby Similar for Sale

    • $2,200,000
      2,380 SF

      Prime Trucking Lot Opportunity

      2.5-acre trucking lot with office near major transportation routes.
      55 Alston Ct, Forest Park, GA 30297
      View Details
    • $2,200,000
      2,380 SF

      Prime Trucking Lot with Office

      2.5-acre trucking lot with office near major transportation routes.
      55 Alston Ct, Forest Park, GA 30297
      View Details
    • $600,000
      7,630 SF

      Forest Park Retail Investment Opportunity

      Retail property with high traffic count and redevelopment potential.
      4527 Jonesboro Rd, Forest Park, GA 30297
      View Details
    • New
      $500,000
      0.22 Acres

      Forest Park Triplex Plus Cottage

      Investment opportunity: triplex and cottage near downtown Forest Park.
      5002 Park Ave, Forest Park, GA 30297
      View Details
    • New
      $500,000
      0.22 Acres

      Forest Park Triplex Plus Cottage

      Investment opportunity: triplex and cottage near downtown Forest Park.
      5002 Park Ave, Forest Park, GA 30297
      View Details
    • $389,000
      3,852 SF

      Forest Park Commercial Property For Sale

      Versatile commercial property in Forest Park, near Atlanta Airport.
      957 Astor Ave, Forest Park, GA 30297
      View Details
    • $625,000
      0.47 Acres

      Forest Park Multifamily Investment Opportunity

      Four-unit building in a 20-unit complex with recent upgrades.
      559 Evergreen Ter, Forest Park, GA 30297
      View Details
    • $284,900

      Forest Park Duplex Investment Opportunity

      Four-sided brick duplex in Forest Park with income potential.
      306 Martha St, Forest Park, GA 30297
      View Details
    • $795,000
      5,974 SF

      Forest Park Professional Suites Property

      Professional suites property with 30+ offices in Forest Park.
      1019 Astor Ave, Forest Park, GA 30297
      View Details
    • $795,000
      5,974 SF

      Forest Park Professional Suites Property

      Professional suites with 30+ offices near I-75 and I-285.
      1019 Astor Ave, Forest Park, GA 30297
      View Details
    • New
      $5,000,000
      7,000 SF

      Commercial Property on Jonesboro Road

      Commercial property for sale with frontage on Jonesboro Road.
      4666 Jonesboro Rd, Forest Park, GA 30297
      View Details
    • Contact for pricing
      214,170 SF

      Distribution/Warehouse Delivering Q1 2026

      214,170 SF distribution/warehouse in Airport/North Clayton submarket.
      96 Metcalf Ext Rd, Forest Park, GA 30297
      View Details

    FAQs

    What type of property is this?
    Land - 9.3-acre commercial land near I-285 and Atlanta Airport.
    Where is this land located?
    The property is located at City View Dr Forest Park, GA.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - 9.3-acre property zoned for commercial use (C-4 Planned Industrial).; - Prime location near I-285 and Old Dixie Highway.; - Development opportunity for warehouse, apartments, or other commercial ventures.
    (770) 851-1162
    Request Owner's contact information
    City View Dr Forest Park, GA 30297
    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.
    City View Dr
    Forest Park, GA 30297
    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
    City View Dr Forest Park, GA 30297
    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

    We can help!
    Listing Contact
    ERICKA PARROTT
    Real Estate License ID: 320681
    (770) 851-1162
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.