End-Unit Retail
For Sale
$450,000
Pending
2517 Gresham Road SE, Atlanta, GA 30316
Commercial Sale, Atlanta, GA
Property Size3,420 SF
Lot Size1.01 Acres
Days on Market51
Property Features for 2517 Gresham Road SE
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
50
Parking features
Parking Lot
Lot features
Level
Directions
Use GPS
Standard status
Pending
APN
15 116 11 004
Lot size
1.01 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3221
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
painted and polished concrete floors
4 finished bathrooms
newer HVAC units
Building Details
Year built
1963
Flooring type
Concrete
Building materials
Block
Roof type
Composition
Listing Agency:
Keller Williams Realty Atl. Partners
(678) 341-2900
Listed By:
Sandy Hippeli · License #363900
(770) 364-2827
Added: Aug 26
Last Checked: Oct 15 at 1:06AM
MLS# 10833419
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property at 2517 Gresham Road SE in Atlanta is configured as two separate interior spaces within an end-unit layout. The building was constructed in 1963 with block construction, concrete flooring, a composition roof, central heating, central air, and newer HVAC units. Recent interior work includes painted and polished concrete floors, while four finished bathrooms serve the space. A parking lot is available on the property.
The site contains 1.005 acres and is positioned off I-20, with access associated with Exit 63 westbound and Exit 62 eastbound. Walmart Supercenter is located 0.4 miles away, and the reported average daily traffic count is 16,400. Property along the side of the building provides room to build a fence and store work trucks or equipment. Public water and public sewer serve the property, with cable available.
The site contains 1.005 acres and is positioned off I-20, with access associated with Exit 63 westbound and Exit 62 eastbound. Walmart Supercenter is located 0.4 miles away, and the reported average daily traffic count is 16,400. Property along the side of the building provides room to build a fence and store work trucks or equipment. Public water and public sewer serve the property, with cable available.
Key Highlights
- 1.005‑acre retail property with an end‑unit configuration
- Two interior spaces with 4 finished bathrooms
- Access near I‑20 Exit #63 westbound and Exit #62 eastbound
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,860
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,200
$797.2K
Cap Rate 7%
$569,429
$569.4K
Cap Rate 9%
$442,889
$442.9K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$61.6K $18.00/SF
− Vacancy
−$4.6K −$1.35/SF
EGI
$56.9K $16.65/SF
− OpEx
−$17.1K −$5.00/SF
NOI
$39.9K $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%
$797,200
Cap Rate 7%
$569,429
Cap Rate 9%
$442,889
Alternative Uses
Best Use
Retail
$569.4K
$498.3K – $664.3K
NOI $39,860 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$956.0K
$836.5K – $1.12M
NOI $66,921 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16,400 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
335
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Atlanta, GA
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Frequently Asked Questions
What type of property is this?
Retail space - Updated commercial space with two interior areas, four finished bathrooms, parking, and supplemental side property for equipment storage.
Where is this retail space located?
The property is located at 2517 Gresham Road SE Atlanta, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1.005‑acre retail property with an end‑unit configuration; Two interior spaces with 4 finished bathrooms; Access near I‑20 Exit #63 westbound and Exit #62 eastbound
