Building Details

Year Built 2024

Listing Agency: Keller Williams Buckhead

Listed By: Keith Sharp · License #176306 Show Phone

Source: Annakintown

Added: Aug 2 Changed: Oct 1 Last Checked: Oct 7 at 1:06PM

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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 Keller Williams Buckhead

Investment Insights

Based on property information with market context.

Unit 113 is a 1,136 SF commercial condominium on the ground floor of a newly constructed mixed-use building completed in 2024. The end-position space is suited to retail or office use and remains separate from the residential condominium units above, which have rear access.

The property occupies the corner of Main Street and Hollywood Road within One Riverside West. Unit 113 faces Hollywood Road and sits beside a parking lot walkway, with street parking available directly along Main Street. The surrounding Riverside streetscape includes professional, service, and retail businesses, including Frazie's Meat and Market.

Key Highlights

• 1,136 SF ground‑floor commercial condominium
• End unit beside a parking lot walkway
• Street parking directly in front of the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,978

Cap Rate

4.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$319,560 $319.6K

Cap Rate 7%

$228,257 $228.3K

Cap Rate 9%

$177,533 $177.5K

Market Conditions

NOI Build-Up for 1,136 SF

Gross rent

$24.9K $21.96/SF

− Vacancy

−$2.1K −$1.87/SF

EGI

$22.8K $20.09/SF

− OpEx

−$6.8K −$6.03/SF

NOI

$16.0K $14.07/SF

Area

ZIP 30318

Vacancy

8.50%

Lease Rate

$21.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$319,560

Cap Rate 7%

$228,257

Cap Rate 9%

$177,533

Alternative Uses

Best Use

Retail

$228.3K

$199.7K – $266.3K (±1% cap)

NOI $15,978 @ 7.0% cap · market cap 4.26%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$317.6K

$277.9K – $370.5K (±1% cap)

NOI $22,229 @ 7.0% cap · market cap 5.93%

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

Property Analytics

Current Use

O'Holistic Alternative Medicine Practice Mailbox Money Property Investment Company Frazie's Meat & Market Take-out & Catering Crawford Creek Communities Construction Company Wigs by Shadae ... Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Building Supply HVAC Service

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

359

Businesses Nearby

1k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Pizza Hut Dining

1,126 visits/mo 0.3 miles

Demographics for 30318, GA

60,392

Population

29,993

Households

2

Avg Household Size

31

Median Age

54%

College-Educated

92%

High-School Grad

20.3 sq mi

ZIP Area

2,975

Density / Sq Mi

$79,222

Median Household Income

$53,455

Median Earnings

$1,702

Median Rent

$395,100

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Ground-floor commercial condo with dedicated street-level access and nearby parking options.

Where is this retail space located?

The property is located at 2030 Main Street R113 Atlanta, GA.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: 1,136 SF ground‑floor commercial condominium; End unit beside a parking lot walkway; Street parking directly in front of the property