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    1823 Martin Luther King Jr Dr SW Atlanta, GA 30310

    For Sale
    $799,000

    Prime location suitable for office, medical, or retail development.

    Property size:
    7,100 SF
    Lot size:
    0.16 Acres

    Property Features for 1823 Martin Luther King Jr Dr SW

    General Information

    Size
    7,100 SF
    Lot size
    0.16 Acres

    Source: eXp Commercial - Atlanta Agent Cynthia Russe

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

    Overview

    Land for New Development

    This property, situated in a prime location, presents an ideal opportunity for new development. The site is suitable for the construction of office or medical space, or a retail building. The existing structure is a complete teardown. The property has a size of 7,100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.4468276
    Latitude
    33.7507208

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    FAQs

    What type of property is this?
    Commercial land - Prime location suitable for office, medical, or retail development.
    Where is this commercial land located?
    The property is located at 1823 Martin Luther King Jr Dr SW Atlanta, GA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime location; - Ideal for new development; - Suitable for office space
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    Realmo Value Estimation

    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.

    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.

    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
    1823 Martin Luther King Jr Dr SW Atlanta, GA 30310
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