Add Listing
    For Lease
    • 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

    1492 Piedmont Ave NE Atlanta, GA 30309

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail and office spaces available in Midtown Atlanta.

    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 30 at 12:58 am

    Property Features for 1492 Piedmont Ave NE

    General Information

    Standard status
    Active

    Spaces For Lease

    at 1492 Piedmont Ave NE Contact us

    We can help!

    Listing Contact
    Amy Kennedy

    Listing agent Amy Kennedy

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

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

    All listing content including descriptions, pricing, images are the copyrighted material of Amy Kennedy

    Overview

    Midtown Retail and Office Space

    Located adjacent to Ansley Mall fronting Piedmont Rd in Midtown, this property offers retail and office spaces. The property has a gross leasable area (GLA) of 48,004 square feet. Available spaces include a 1,750 square foot space on the 2nd floor and a 2,528 square foot space also on the 2nd floor. The location benefits from high household income and population density. Traffic counts from GA DOT show 18,100 AADT on Monroe Drive and 20,400 AADT on Piedmont Road.
    Location Intelligence

    Current Use by Public Records

    Bangkok Thai Restaurant Restaurant Just Eat It Catering Service Atlanta Eagle Bar & Pub Kim's Alterations (Bike/Boat/Book/etc) Store Mixx Atlanta Bar & Pub

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Restaurant Building Supply Daycare Center Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • Midtown Promenade — 931 Monroe Dr NE, Atlanta, GA 30306
    • Colony Square — 1197 Peachtree St NE, Atlanta, GA 30361
    • Ansley Square Shopping Center — 1512 Piedmont Ave NE, Atlanta, GA 30324
    • Politan Row at Colony Square — 1197 Peachtree St NE Ste 150, Atlanta, GA 30361
    • Ansley Mall — 1544 Piedmont Ave NE, Atlanta, GA 30324

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.3823
    Latitude
    33.7583

    Nearby Similar for Lease

    • Contact for pricing

      Premium Beauty and Wellness Suites

      Private suites in a high-end Atlanta wellness studio.
      5600 Roswell Road unit: B150, Atlanta, GA 30342
      View Details
    • Contact for pricing

      Westview Commercial Space Near Beltline

      Commercial space near the Beltline, ideal for retail or church.
      1583 Ralph David Abernathy Boulevard SW, Atlanta, GA 30310
      View Details
    • Contact for pricing

      Office Condo in Cascade Park

      Well-appointed office condo for lease in Atlanta's Cascade area.
      950 Dannon View SW unit: 4201, Atlanta, GA 30331
      View Details
    • Contact for pricing

      Office Condo in Cascade Park

      Well-appointed office condo for lease in Atlanta's Cascade area.
      950 Dannon View SW unit: 4201, Atlanta, GA 30331
      View Details
    • Contact for pricing

      Prime Commercial Storefront in Atlanta

      High-visibility commercial space ideal for retail or office use.
      436 Ponce De Leon Avenue unit: A-1, Atlanta, GA 30308
      View Details
    • Contact for pricing

      Atlanta Commercial Space For Lease

      Commercial space near the Beltline, suitable for church or business.
      1583 Ralph David Abernathy Boulevard SW, Atlanta, GA 30310
      View Details
    • Contact for pricing

      Atlanta Commercial Space For Rent

      Versatile commercial space suitable for various small businesses.
      2132 Donald Lee Hollowell Parkway NW, Atlanta, GA 30318
      View Details
    • Contact for pricing

      Versatile Retail/Office Space Available

      2962 SF retail/office space in vibrant Doraville location.
      5953 Buford Highway NE unit: 209, Atlanta, GA 30340
      View Details
    • Contact for pricing

      Versatile Downtown Atlanta Commercial Space

      Adaptable commercial space in a sought-after Atlanta location.
      253 Trinity AVE SW, Atlanta, GA 30303
      View Details
    • Contact for pricing

      Piedmont Avenue Boutique Office Suite

      Two-room office suite near Piedmont Park and Midtown MARTA.
      741 PIEDMONT Avenue NE unit: E, Atlanta, GA 30308
      View Details
    • Contact for pricing

      Prime Atlanta Commercial Storefront Space

      High-visibility commercial space in a sought-after Atlanta neighborhood.
      434 Ponce De Leon Avenue unit: B-2, Atlanta, GA 30308
      View Details
    • Contact for pricing

      Adaptable Commercial Space in Atlanta

      Versatile commercial space in Downtown Atlanta, ideal for various ventures.
      253 Trinity Avenue SW, Atlanta, GA 30303
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail and office spaces available in Midtown Atlanta.
    Where is this shopping center located?
    The property is located at 1492 Piedmont Ave NE Atlanta, GA.
    What are key features of this property?
    This property features: Located adjacent to Ansley Mall in Midtown.; High household income and population density.; Fronting Piedmont Rd with **high traffic counts (20,400 AADT)**.
    (770) 955-2434
    We can help!
    Listing Contact
    Amy Kennedy
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!