Fenced Storefront
For Sale
$3,150,000
175 Peters Street Southwest, Atlanta, GA 30313
Storefront property with central air, gated fencing, and access to on-street and parking-lot spaces.
Property Size8,800 SF
Price / SF$357.95
Days on Market165
Property Features for 175 Peters Street Southwest
General Information
Standard status
Active
Size
8,800 SF
Total Parking Spaces
6
Property subtype
Commercial Sale / Mixed Use
Taxes and HOA fees
Annual Taxes
$15,289
Amenities
Central Air
Central
Other
Hardwood, Stone, Tile
Combination
Three Or More
Display Window(s), Skylight(s), Window Treatments
High Ceilings 10 or Greater, Living Space Available, Restrooms
Fenced, Gate
Metal
No
Asphalt
Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Security Gate, Security Lights
3
City Street
Accessible Elevator Installed
Brick, Other
Building Details
Year Built
1925
Listing Agency:
Atlanta Fine Homes Sotheby's International
(404) 316-2203
Listed By:
Erin Yabroudy · License #297281
(404) 316-2203
Source:
Compass
Added: Mar 19
Changed: Aug 30
Last Checked: Mar 25 at 3:53PM
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
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.
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 = 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
$102,564
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
3.26%
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%
$2,051,280
$2.1M
Cap Rate 7%
$1,465,200
$1.5M
Cap Rate 9%
$1,139,600
$1.1M
Market Conditions
NOI Build-Up for 8,800 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
$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 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%
$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
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
NOI $172,196 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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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 Street Southwest 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
