East Point Commercial
1852 Washington Road, East Point, GA 30344
Commercial building with vacant lot near East Point Marta Station.
Type:Special Purpose
Property size:
1,968 SFLot size:
0.53 AcresPrice / SF:
$248/SF- Added:
- Mar 26, 2026
- Days on Market:
- 57
- Last Refresh:
- May 12 at 11:33 pm
Property Features for 1852 Washington Road
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Lot size
- 0.53 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1900
Listing agent Diadra Ackols
Listing office Collective Vision Realty
Listing date Mar 26, 2026
Source Crexi
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 Collective Vision Realty
HighLights
- C1 Zoning offers versatile usage options such as Art Gallery, Retail, or Childcare.
- Prime location at the corner of Washington Road & Jones Street ensures high traffic.
- Conveniently located near East Point Marta Station, Hartsfield‑Jackson Atlanta International Airport, and downtown Atlanta.
- Includes a commercial building, currently a church, with seating for 75‑95 people.
- Additional vacant level lot is included.
- Building features 3 baths, media recording room, Pastor's office, and spacious fellowship area.
Overview
This commercial building is currently used as a church and includes a vacant level lot. The property, located at the corner of Washington Road and Jones Street, has approximately 0.53 acres. Its C1 zoning allows for various uses, including an art gallery, barber and beauty shop, car wash, childcare learning center, convenience store, funeral home, group daycare home, and retail establishments. The building is situated in a high-traffic area, close to the East Point Marta Station, Hartsfield-Jackson Atlanta International Airport, and downtown Atlanta. The church has seating for approximately 75-95 people, three bathrooms, a media recording room, and a pastor's office. The lower level features a spacious fellowship area. The roof was replaced in June 2006. The building size is 1968 square feet.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$280.7K
NOI $25,260 @ 9.00% cap · cautious / downside scenario
Moderate
$360.9K
NOI $25,260 @ 7.00% cap · market / base-case scenario
Aggressive
$505.2K
NOI $25,260 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.8k | $19.20 |
| − Vacancy | −$1.7k | −$0.86 |
| EGI | $36.1k | $18.34 |
| − OpEx | −$10.8k | −$5.50 |
| NOI | $25.3k | $12.84 |
1,968 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$360.9K
$315.8K – $421.0K
NOI $25,260 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$550.1K
$481.4K – $641.8K
NOI $38,509 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Map
- City
- East Point
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4633
- Latitude
- 33.6734
Nearby Similar for Sale
FAQs
What type of property is this?
Church & religious facility - Commercial building with vacant lot near East Point Marta Station.
Where is this church & religious facility located?
The property is located at 1852 Washington Road East Point, GA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: C1 Zoning offers versatile usage options such as Art Gallery, Retail, or Childcare.; Prime location at the corner of Washington Road & Jones Street ensures high traffic.; Conveniently located near East Point Marta Station, Hartsfield‑Jackson Atlanta International Airport, and downtown Atlanta.
