Freestanding Grocery Store
For Sale
Under Contract
$799,000
3296 Northcrest Road, Atlanta, GA 30340
SINGLE_FAMILY - Atlanta, GA
Property Size2,304 SF
Lot Size0.34 Acres
Price / SF$346.79
Days on Market106
Property Features for 3296 Northcrest Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-1
Parking
10
Parking features
Parking Lot
Security features
Security
Window features
Shutters, Display Window(s)
Interior features
High Ceilings 10 or Greater, Restrooms
Fencing
Fenced, Barbed Wire, Chain Link
Lot features
Level
View
City
Directions
Going North on I-85, take Exit 94 toward Chamblee-Tucker Rd/Mercer University, merge onto I-85 Access Rd/I-85 Frontage Rd, turn right onto Chamblee-Tucker Rd, then left onto Northcrest Rd. Property is on the left.
Standard status
Active Under Contract
APN
18 293 02 011
Size
2,304 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4346
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Floors in Building
1
Flooring type
Concrete
Building materials
Brick, Brick 4 Sides
Listing Agency:
Adams Realtors
(404) 688-1222
Listed By:
Silas Adams · License ##430547
(404) 688-1222
Added: Apr 22
Changed: Aug 2
Last Checked: Aug 5 at 7:06PM
MLS# 7757886
Copyright © 2026 First Multiple Listing Service, Inc. 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.
Freestanding 2,304 SF commercial building on a 0.34-acre site in DeKalb County, zoned C-1. The building is constructed with brick (4 sides) and features concrete flooring, central heating with natural gas, central air conditioning, and high ceilings (10 or greater). Interior amenities include restrooms, supported by a parking lot with fencing (chain link, barbed wire).
The property is described as being within a dense residential trade area, with 10,148 residents within 1 mile. Convenient access to Chamblee-Tucker Road, I-85, and I-285 connects the site to the greater Atlanta market. The property also notes public water and public sewer availability and natural gas availability.
Built in 1981, the site is positioned as a small-format freestanding option for users seeking a highly accessible location.
The property is described as being within a dense residential trade area, with 10,148 residents within 1 mile. Convenient access to Chamblee-Tucker Road, I-85, and I-285 connects the site to the greater Atlanta market. The property also notes public water and public sewer availability and natural gas availability.
Built in 1981, the site is positioned as a small-format freestanding option for users seeking a highly accessible location.
Key Highlights
- Freestanding 2,304 SF commercial building on 0.34 acres zoned C‑1
- Brick construction with concrete flooring and central HVAC
- High ceilings 10 or greater plus restrooms
Financial Insights For Specialty 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 | $44.2k | $19.20 |
| − Vacancy | −$2.7k | −$1.15 |
| EGI | $41.6k | $18.05 |
| − OpEx | −$10.4k | −$4.51 |
| NOI | $31.2k | $13.54 |
2,304 SF · lease $19.20/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$445.5K
$389.8K – $519.8K
NOI $31,187 @ 7.0% cap · market cap 3.90%
Second Best
Retail
$383.6K
$335.7K – $447.6K
NOI $26,853 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$644.1K
$563.6K – $751.4K
NOI $45,084 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30340, GA
30,529
Population
11,829
Households
2.6
Avg Household Size
33
Median Age
35%
College-Educated
76%
High-School Grad
8.2 sq mi
ZIP Area
3,723
Density / Sq Mi
$57,216
Median Household Income
$36,450
Median Earnings
$1,529
Median Rent
$312,600
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.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - C-1 zoned freestanding commercial building with parking lot, central HVAC, and high ceilings in a dense DeKalb trade area.
Where is this grocery and convenience store located?
The property is located at 3296 Northcrest Road Atlanta, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Freestanding 2,304 SF commercial building on 0.34 acres zoned C‑1; Brick construction with concrete flooring and central HVAC; High ceilings 10 or greater plus restrooms
