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

    414 Bill Kennedy Way Atlanta, GA 30316

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Ground floor commercial space on the Beltline in Glenwood Park.

    Property size:
    2,761 SF
    Lot size:
    0.10 Acres

    Property Features for 414 Bill Kennedy Way

    General Information

    Size
    2,761 SF
    Lot size
    0.10 Acres

    We can help!

    Listing Contact
    Linda Rothermel
    Source: Moodyscre

    Listing Agent: Linda Rothermel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Beltline Retail Space in Atlanta

    This ground floor commercial space is located on the Beltline in Atlanta's Glenwood Park community, situated between Reynoldstown and Grant Park, and offers convenient access to I-20, I-75, and I-85. The historically inspired building features rich architectural details and 14-foot ceilings. The upper floors of the building are occupied by professional services and creative firms. The location provides access to coffee shops, restaurants, and specialty retail. The property offers a total area of 2761 square feet.
    Location Intelligence

    Current Use by Public Records

    Plan To End Well Consultant Pedego Electric Bikes ... Bicycle Shop Historical Concepts - Architecture ... Architect Toole Design Group Civil Engineering Company Hooten Land Design, ... Landscape Architect

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.3579904
    Latitude
    33.7417086

    Nearby Similar for Lease

    • $7,320 /Mo
      7,492 SF

      Unique Cabbagetown Commercial Property

      Distinctive commercial space in historic Cabbagetown, Atlanta.
      174 Carroll St SE, Atlanta, GA 30312
      View Details
    • $2,900 /Mo
      1,673 SF

      Versatile Retail/Office Space Available

      2962 SF retail/office space in vibrant Doraville location.
      5953 Buford Hwy NE, Atlanta, GA 30340
      View Details
    • $8,000 /Mo
      26,136 SF

      Brookhaven Church with Rental Apartment

      Versatile church with seating, offices, and a two-bedroom apartment.
      3593 Clairmont Rd, Atlanta, GA 30319
      View Details
    • $8,000 /Mo
      7,500 SF

      Brookhaven Church and Office Space

      Versatile property suitable for church, office, or residential use.
      3593 Clairmont Rd, Atlanta, GA 30319
      View Details
    • $1,300 /Mo
      6,625 SF

      Premium Office Suites in Atlanta

      Renovated office suites with skyline views, flexible lease terms.
      1074 Ponce De Leon Ave NE, Atlanta, GA 30306
      View Details
    • $2,900 /Mo
      133,294 SF

      Bankers Industrial Drive Commercial Space

      Commercial space in Atlanta's Bankers Industrial corridor, near I-85/I-285.
      3009 Bankers Industrial Dr Unit, Atlanta, GA 30360
      View Details
    • $2,895 /Mo
      9,757 SF

      Creative Space in Atlanta, GA

      Creative space suitable for flex office, studio, warehouse, or distribution.
      8215 Roswell Rd, Atlanta, GA 30350
      View Details
    • $9,000 /Mo
      178,596 SF

      Renovated Church Building for Rent

      Renovated church building on 5 acres near I-285.
      745 Bolton Rd NW, Atlanta, GA 30331
      View Details
    • $8,500 /Mo
      2,304 SF

      Midtown Atlanta Live/Work Space

      Contemporary retail/office space in Midtown, ideal for live/work.
      905 Juniper St NE, Atlanta, GA 30309
      View Details
    • $2,500 /Mo
      8,050 SF

      East Point Commercial Lease Opportunity

      Versatile spaces available for lease in East Point, GA.
      1466 Central Ave, Atlanta, GA 30344
      View Details
    • $2,000 /Mo
      7,700 SF

      Atlanta Commercial Suites For Lease

      Commercial suites available for lease near Lakewood Amphitheater.
      1917 Pryor Rd SW, Atlanta, GA 30315
      View Details
    • $2,000 /Mo
      103,237 SF

      Atlanta Commercial Suites For Rent

      Commercial suites available near Lakewood Amphitheater, suitable for various businesses.
      1917 Pryor Rd, Atlanta, GA 30315
      View Details

    FAQs

    What type of property is this?
    Retail space - Ground floor commercial space on the Beltline in Glenwood Park.
    Where is this retail space located?
    The property is located at 414 Bill Kennedy Way Atlanta, GA.
    What are key features of this property?
    This property features: - Ground floor commercial space directly on the Beltline.; - Excellent location in Glenwood Park, near Reynoldstown and Grant Park.; - Great access to I-20/I-75/I-85.
    (404) 477-1358
    Request Owner's contact information
    414 Bill Kennedy Way Atlanta, GA 30316
    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.
    414 Bill Kennedy Way
    Atlanta, GA 30316
    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
    414 Bill Kennedy Way Atlanta, GA 30316
    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
    Linda Rothermel
    (404) 477-1358
    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.