Mixed-Use Property with High
For Sale
$650,000
175 Moreland Avenue Southeast, Atlanta, GA 30316
Income-producing building with residential zoning and flexibility for live-work use or future redevelopment.
Property Size1,900 SF
Price / SF$342.11
Days on Market192
Property Features for 175 Moreland Avenue Southeast
General Information
Standard status
Active
Size
1,900 SF
Total Parking Spaces
6
Property subtype
Commercial Sale / Mixed Use
Taxes and HOA fees
Annual Taxes
$10,063
Amenities
Central Air, Electric
Central, Natural Gas
Crawl Space
Ceramic Tile, Hardwood
Concrete Perimeter
0.0
One
Insulated Windows
High Ceilings 10 or Greater, Other
Fenced
Other
No
Asphalt
State Road
Stone, Stucco
Building Details
Year Built
1930
Listing Agency:
ERA Foster & Bond/ERA
(404) 874-9094
Listed By:
Fidie Ramli · License #372600
(404) 874-9094
Source:
Compass
Added: Feb 20
Changed: Aug 31
Last Checked: Aug 31 at 2:02AM
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 ERA Foster & Bond/ERA
Investment Insights
Based on property information with market context.
This 1,900-square-foot mixed-use property, built in 1930, currently operates as a short-term rental and content creation studio. The building includes central air, natural gas service, ceramic tile and hardwood flooring, insulated windows, a crawl space, and ceilings measuring 10 feet or greater. Exterior elements include fencing, asphalt paving, and stone and stucco finishes.
The property is located at 175 Moreland Avenue Southeast in Atlanta, near Memorial Drive, Interstate 20, the Atlanta Beltline Eastside trail, and surrounding retail. Moreland Avenue and nearby Atlanta neighborhoods provide access to the broader area, while reported traffic volume along the corridors is approximately 55,000 vehicles per day.
R-5 zoning is identified in the property information, with potential for an ADU or zero-lot-line duplex under the referenced permitted-use ordinance. The property is offered as-is where-is, providing a basis for continued operation, live-work use, or redevelopment planning.
The property is located at 175 Moreland Avenue Southeast in Atlanta, near Memorial Drive, Interstate 20, the Atlanta Beltline Eastside trail, and surrounding retail. Moreland Avenue and nearby Atlanta neighborhoods provide access to the broader area, while reported traffic volume along the corridors is approximately 55,000 vehicles per day.
R-5 zoning is identified in the property information, with potential for an ADU or zero-lot-line duplex under the referenced permitted-use ordinance. The property is offered as-is where-is, providing a basis for continued operation, live-work use, or redevelopment planning.
Key Highlights
- 1,900‑square‑foot mixed‑use property built in 1930
- Currently operating as a short‑term rental and content creation studio
- R‑5 zoning allows an ADU or zero‑lot‑line duplex per the referenced ordinance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,443
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$508,860
$508.9K
Cap Rate 7%
$363,471
$363.5K
Cap Rate 9%
$282,700
$282.7K
Market Conditions
NOI Build-Up for 1,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.4K $23.87/SF
− Vacancy
−$11.4K −$6.02/SF
EGI
$33.9K $17.85/SF
− OpEx
−$8.5K −$4.46/SF
NOI
$25.4K $13.39/SF
Area
Atlanta, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$508,860
Cap Rate 7%
$363,471
Cap Rate 9%
$282,700
Alternative Uses
Best Use
Office B
$363.5K
$318.0K – $424.1K
NOI $25,443 @ 7.0% cap · market cap 3.91%
Second Best
Mixed Use
$329.8K
$288.6K – $384.8K
NOI $23,085 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$531.1K
$464.7K – $619.7K
NOI $37,179 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,081
Businesses Nearby
Explore this area
Business Placement
Demographics for 30316, GA
33,625
Population
18,095
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,587
Density / Sq Mi
$96,491
Median Household Income
$61,116
Median Earnings
$1,570
Median Rent
$401,800
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing building with residential zoning and flexibility for live-work use or future redevelopment.
Where is this mixed-use property located?
The property is located at 175 Moreland Avenue Southeast 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: 1,900‑square‑foot mixed‑use property built in 1930; Currently operating as a short‑term rental and content creation studio; R‑5 zoning allows an ADU or zero‑lot‑line duplex per the referenced ordinance
