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    3311 Hood Ave, Chamblee, GA 30341

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    Mixed-use development with retail, restaurant, and office space.

    Type:RETAIL
    Property size:
    1,215 SF
    Added:
    May 6, 2026
    Days on Market:
    20
    Last Refresh:
    May 8 at 3:32 am

    Property Features for 3311 Hood Ave

    General Information

    Standard status
    Active
    Size
    1,215 SF
    Property subtype
    RETAIL

    Spaces For Lease

    at 3311 Hood Ave Contact us

    We can help!

    Listing Contact
    Austin Ryan

    Listing agent Austin Ryan License #GA 168763

    Listing office Lavista Associates

    Listing date May 6, 2026

    Source Moodyscre

    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 Lavista Associates

    HighLights

    • Newly delivered mixed‑use development with luxury residences and commercial space in the heart of Chamblee.
    • Amenity‑rich, walkable environment designed to foster foot traffic and repeat visitation.
    • Affluent surrounding trade area with high median home value ($562K) and a population of 105,854 within a 3‑mile radius.
    • 8‑minute walk to Chamblee MARTA Station.
    • Dedicated customer parking, separate from resident parking.
    • Excellent access to major roads: Chamblee Tucker Rd, Peachtree Industrial Blvd/GA 141, and Buford Hwy/US 23/GA 13.

    Overview

    The Hawkins is a newly delivered mixed-use development in Chamblee, featuring over 190 luxury residences and approximately 8,800 square feet of street-level restaurant, retail, and office space. Designed as a walkable, amenity-rich environment, the project fosters strong foot traffic and repeat visitation. The surrounding trade area has a population of 105,854 and a median home value of $562,000 within a 3-mile radius. The location is well-suited for a restaurant or café with patio dining, salon or spa, medical office, and boutique retail. There is dedicated customer parking, separate from resident parking. The property is located at Peachtree DeKalb Airport (PDK), the 2nd busiest airport in Georgia, and is an 8-minute walk to Chamblee MARTA Station. Nearby retailers include Lowe’s, Target, Whole Foods, Costco, and Walmart. It has excellent access to Chamblee Tucker Rd, Peachtree Industrial Blvd/GA 141, and Buford Hwy/US 23/GA 13. One available space is 1,215 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chamblee
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.3010041
    Latitude
    33.886753

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use development with retail, restaurant, and office space.
    Where is this mixed-use property located?
    The property is located at 3311 Hood Ave Chamblee, GA.
    What are key features of this property?
    This property features: Newly delivered mixed‑use development with luxury residences and commercial space in the heart of Chamblee.; Amenity‑rich, walkable environment designed to foster foot traffic and repeat visitation.; Affluent surrounding trade area with high median home value ($562K) and a population of 105,854 within a 3‑mile radius.
    (770) 448-6400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Austin Ryan
    Real Estate License ID: GA 168763
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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