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    5891 New Peachtree Rd Atlanta, GA 30340

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    For Lease
    $13 SF/Yr

    Compact industrial/retail spaces with excellent connectivity in Doraville, Atlanta.

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    Listing Contact
    Shoumic Khan
    Source: Tcnworldwide

    Listing Agent: Shoumic Khan

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

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    Overview

    High-Visibility Flex/Retail Space Available

    Located in Doraville, in a high-traffic Northeast Atlanta corridor with excellent connectivity, this property offers spaces suitable for industrial flex and retail operations. It is situated minutes from I-285 and I-85, adjacent to the proposed approximately 13-acre Town Center redevelopment, and directly across from the Doraville MARTA Station, near Assembly Studios. The property features excellent visibility and strong potential for foot and vehicle traffic, with easy access to major transportation routes. It is ideal for compact industrial or retail users seeking high visibility and connectivity. The property includes three suites, each approximately 1,200 square feet, featuring a combination of office and warehouse space with shallow bay construction and drive-in doors for easy access. These suites are suitable for light manufacturing, distribution, or service-oriented businesses, designed for users needing functional industrial space in a compact footprint. Additionally, there is one suite of approximately 600 square feet with prominent street frontage on New Peachtree Road and signage opportunities, ideal for boutique retail, service businesses, or small office users seeking high visibility.
    Location Intelligence

    Current Use by Public Records

    Glow braids Hair Salon The Ultimate Install (Bike/Boat/Book/etc) Store Best Auto Glass ... Auto Repair Shop Korean Hair Salon ... Hair Salon Built to last smoke ... Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Similar Places Nearby

    Kamayan ATL - Filipino Restaurant

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.2819407
    Latitude
    33.898785

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    FAQs

    What type of property is this?
    Flex space - Compact industrial/retail spaces with excellent connectivity in Doraville, Atlanta.
    Where is this flex space located?
    The property is located at 5891 New Peachtree Rd Atlanta, GA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Excellent connectivity: Minutes from I-285 and I-85, directly across from the Doraville MARTA Station.; - High visibility and strong potential for foot and vehicle traffic.; - Located in a high-traffic Northeast Atlanta corridor.
    (404) 876-1640
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    5891 New Peachtree Rd Atlanta, GA 30340
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    Atlanta, GA 30340
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    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
    5891 New Peachtree Rd Atlanta, GA 30340
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    We can help!
    Listing Contact
    Shoumic Khan
    Real Estate License ID: #390462
    (404) 876-1640
    Learn more
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