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    1503 Memorial Dr SE Atlanta, GA 30317

    For Sale
    $650,000

    Corner lot suitable for retail or restaurant use.

    Property size:
    1,880 SF
    Lot size:
    0.28 Acres

    Property Features for 1503 Memorial Dr SE

    General Information

    Size
    1,880 SF
    Lot size
    0.28 Acres

    Source: 1st Classic Realty Agent Mbanefo Osakwe

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

    Overview

    Corner Lot Retail/Restaurant Opportunity

    This corner lot property, located at the intersection of Memorial Drive and Lamon Avenue, presents an opportunity for commercial and residential use. The property is strategically positioned and may be suitable for a restaurant or retail store. The building has a size of 1880 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Church of God In True ... Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.3383691
    Latitude
    33.7472382

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    FAQs

    What type of property is this?
    Retail space - Corner lot suitable for retail or restaurant use.
    Where is this retail space located?
    The property is located at 1503 Memorial Dr SE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Corner lot location; - Suitable for commercial or residential use; - Ideal for restaurant or retail store
    (404) 410-2922
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    1503 Memorial Dr SE Atlanta, GA 30317
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    Atlanta, GA 30317
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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
    1503 Memorial Dr SE Atlanta, GA 30317
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