Building Details

Year Built 1925

Listing Agency: Atlanta Fine Homes Sotheby's International

Listed By: Erin Yabroudy (404-316-2203) · License #297281 Show Phone

Source: Panhandlehomelistings

Added: May 4 Changed: Oct 21 Last Checked: Oct 23 at 7:16AM

Report an Issue

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 Atlanta Fine Homes Sotheby's International

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This storefront property at 175 Peters Street SW in Atlanta includes central air and central heating. The building dates to 1925 and is enclosed with fencing and a gate, providing a defined exterior area. Parking is available through both on-street spaces and a parking lot.

The property is zoned C5 and located in Fulton County. Its storefront configuration, building age, climate-control systems, secured perimeter, and available parking create a straightforward commercial property profile for evaluation.

Key Highlights

• C5 zoning in Fulton County
• Building constructed in 1925
• Central air and central heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$102,564

Cap Rate

3.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,051,280 $2.1M

Cap Rate 7%

$1,465,200 $1.5M

Cap Rate 9%

$1,139,600 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,800 SF

Gross rent

$158.4K $18.00/SF

− Vacancy

−$11.9K −$1.35/SF

EGI

$146.5K $16.65/SF

− OpEx

−$44.0K −$5.00/SF

NOI

$102.6K $11.66/SF

Area

Atlanta, GA

Vacancy

7.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,051,280

Cap Rate 7%

$1,465,200

Cap Rate 9%

$1,139,600

Alternative Uses

Best Use

Retail

$1.47M

$1.28M – $1.71M (±1% cap)

NOI $102,564 @ 7.0% cap · market cap 3.26%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.46M

$2.15M – $2.87M (±1% cap)

NOI $172,196 @ 7.0% cap · market cap 5.47%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Besharat Gallery Art Gallery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Buffet Acupuncture Pet Grooming Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,905

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 30313, GA

9,788

Population

3,604

Households

2.7

Avg Household Size

26

Median Age

55%

College-Educated

95%

High-School Grad

1.2 sq mi

ZIP Area

8,157

Density / Sq Mi

$79,068

Median Household Income

$33,832

Median Earnings

$1,696

Median Rent

$365,200

Median Home Value

Market

Vacancy Rate% for Retail in Atlanta, GA

6.7% 2019

6.6% 2020

5.5% 2021

4.4% 2022

4.1% 2023

4.4% 2024

5% 2025

Similar For Sale Nearby

See more

Storefront Retail Building

2380 Sheriff Road, Atlanta, GA 30349

$4,300,000

7,700 SF

View details

Two-Tenant Retail Building

3739 Roswell Rd NE, Atlanta, GA 30342

$2,500,000

4,156 SF

View details

Brick Storefront Retail Property

2915 Alston Drive SE, Atlanta, GA 30317

$1,200,000

4,864 SF

View details

Historic Multi-Story Storefront

257 Trinity Avenue SW, Atlanta, GA 30303

Contact for pricing

5,000 SF

View details

Corner Commercial Storefront

2030 Main Street NW, Atlanta, GA 30318

$725,000

3,114 SF

View details

Mixed-Use Building with Street-Level Retail

251 Trinity AVE SW, Atlanta, GA 30303

$7,400,000

0.03 Acres

View details

For-Sale Retail Storefront

2125 Headland Dr, Atlanta, GA 30344

$479,950

3,200 SF

View details

Brick Auto Shop

689 Whitehall, Atlanta, GA 30310

$799,999

2,595 SF

View details

Neighborhood Street Retail Building

521 EDGEWOOD AVE SE, Atlanta, GA 30312

Contact for pricing

16,922 SF

View details

Retail Condo with Basement

32 Peachtree St NW, Atlanta, GA 30303

$800,000

1,822 SF

View details

Two-Story Mixed-Use Property

488 Edgewood Ave SE, Atlanta, GA 30312

Contact for pricing

3,500 SF

View details

Freestanding Retail Storefront

1674 Monroe Drive Northeast, Atlanta, GA 30324

Contact for pricing

4,283 SF

View details

Similar Off Market Nearby

• Studio 3 Same Day Flower Delivery CO. — 58 broad st nw, atlanta, ga 30303
• Art Floral Trading LLC — Atlanta, GA 30303
• Mills Floral Company — 4550 W Peachtree St NW 11 - E4, Atlanta, GA 30303
• Full Pot of Flowers — Atlanta, GA 30303
• T&C Floral Company — 240 Peachtree St, Atlanta, GA 30303

Frequently Asked Questions

What type of property is this?

Storefront property - Storefront property with central air, gated fencing, and access to on-street and parking-lot spaces.

Where is this storefront property located?

The property is located at 175 Peters St SW Atlanta, GA.

What is the asking price?

The asking price for this property is $3,150,000.

What are key features of this property?

This property features: C5 zoning in Fulton County; Building constructed in 1925; Central air and central heating