Two-Story Mixed-Use
For Sale
Contact for pricing
488 Edgewood Ave SE, Atlanta, GA 30312
Retail and office space with dedicated parking near the Eastside Beltline Trail.
Property Size3,500 SF
Price / SF$1.00
Days on Market47
Property Features for 488 Edgewood Ave SE
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Office
Site & Location
Neighborhood
Sweet Auburn
Building Details
Stories
2
Listing Agency:
Atlanta
Listed By:
KB Yabuku
(404) 877-9202
Source:
Colliers
Added: Sep 9
Changed: Oct 16
Last Checked: Oct 24 at 1:34PM
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 Atlanta
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Investment Insights
Based on property information with market context.
This two-story mixed-use property provides approximately 3,500 square feet configured for retail and office occupancy. Dedicated parking is included with the building, supporting day-to-day access for occupants and visitors.
The property is located at 488 Edgewood Ave SE in Atlanta, Georgia 30312, within the Edgewood neighborhood and within walking distance of the Eastside Beltline Trail.
The property is located at 488 Edgewood Ave SE in Atlanta, Georgia 30312, within the Edgewood neighborhood and within walking distance of the Eastside Beltline Trail.
Key Highlights
- Approximately 3,500 square feet of retail and office space
- Two‑story commercial building
- Dedicated parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,793
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,860
$815.9K
Cap Rate 7%
$582,757
$582.8K
Cap Rate 9%
$453,256
$453.3K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$63.0K $18.00/SF
− Vacancy
−$4.7K −$1.35/SF
EGI
$58.3K $16.65/SF
− OpEx
−$17.5K −$5.00/SF
NOI
$40.8K $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%
$815,860
Cap Rate 7%
$582,757
Cap Rate 9%
$453,256
Alternative Uses
Best Use
Mixed Use
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 1,215.00%
Second Best
Retail
$582.8K
$509.9K – $679.9K
NOI $40,793 @ 7.0% cap · market cap 1,165.51%
Theoretical Best
Office A
$978.4K
$856.1K – $1.14M
NOI $68,487 @ 7.0% cap · market cap 1,956.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,648
Businesses Nearby
Explore this area
Business Placement
Demographics for 30312, GA
25,435
Population
15,787
Households
1.6
Avg Household Size
34
Median Age
65%
College-Educated
92%
High-School Grad
3.3 sq mi
ZIP Area
7,708
Density / Sq Mi
$75,963
Median Household Income
$70,268
Median Earnings
$1,594
Median Rent
$493,800
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office space with dedicated parking near the Eastside Beltline Trail.
Where is this mixed-use property located?
The property is located at 488 Edgewood Ave SE Atlanta, GA.
What are key features of this property?
This property features: Approximately 3,500 square feet of retail and office space; Two‑story commercial building; Dedicated parking included
