2685 Campbellton Rd SW, Atlanta, GA 30311
5.68 acre site approved for mixed-use development.
- Added:
- Oct 2, 2021
- Days on Market:
- 1741
- Last Refresh:
- Jun 28 at 4:17 pm
Property Features for 2685 Campbellton Rd SW
General Information
- Standard status
- Active
- Size
- 16,200 SF
- Lot size
- 5.68 Acres
- Property subtype
- Multifamily, Mixed Use, Land, Senior Living
Listing office New South Realty Associates (404) 487-8429
Listing date Oct 2, 2021
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 New South Realty Associates
HighLights
- Approved for a 3‑story apartment building featuring 56 units above 16,200 SF of first‑floor retail space.
- Zoned MRC‑2‑C and rezoned 5/1/23 under Application Z‑23‑10.
- Located in the Campbellton Road Tax Allocation District (TAD) & in City of Atlanta Commercial Development Incentives District (CDIA).
- Situated on a 5.68± Acre property with 442’ frontage on Campbellton Road SW & 292’ on Dodson Dr SW.
- Multiple Ingress/Egress curb cuts off Campbellton Road & Dodson Dr SW with access at signalized intersection.
- Located In HUD Qualified Census Tract (QCT) For LIHTC Redevelopment.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $291.6k | $18.00 |
| − Vacancy | −$21.9k | −$1.35 |
| EGI | $269.7k | $16.65 |
| − OpEx | −$80.9k | −$5.00 |
| NOI | $188.8k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.4765939
- Latitude
- 33.7026681