Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    East Atlanta Village Retail Suites Title is generated by Realmo AI

    512 Flat Shoals Ave SE, Atlanta, GA 30316

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $30 SF/Yr

    New retail suites in vibrant East Atlanta Village for lease.

    Added:
    Nov 25, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 5 at 8:20 pm

    Property Features for 512 Flat Shoals Ave SE

    General Information

    Standard status
    Active

    Building Details

    Year Built
    2021

    Spaces For Lease

    at 512 Flat Shoals Ave SE Contact us

    We can help!

    Listing Contact
    Michael Wess, CCIM
    Michael Wess, CCIM

    Listing agent Michael Wess, CCIM

    Listing office Bull Realty

    Listing date Nov 25, 2025

    Source Bullrealty

    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 Bull Realty

    HighLights

    • Prime location in the heart of East Atlanta Village.
    • Versatile retail suites ideal for restaurant or retail tenants.
    • Customizable layouts allowing tenants to design and personalize spaces.
    • High ceilings and expansive storefront windows providing natural light and visibility.
    • Modern, new construction (built in 2021).
    • Strong foot traffic and proximity to East Atlanta Village's thriving dining and entertainment scene.

    Overview

    Located in East Atlanta Village, this new mixed-use development offers retail suites for lease, suitable for restaurant operators or retailers. The spaces feature high ceilings and storefront windows that provide natural light. The customizable spaces can be combined or leased individually, allowing tenants to design layouts. The location offers visibility and modern construction, near the East Atlanta Village's restaurant and entertainment scene. The suites are delivered as a warm shell, ready for build-out and customization. The property benefits from foot traffic and visibility within a dynamic neighborhood.
    Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station The Marbut Apartment Building Mother Appalachia (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.3451
    Latitude
    33.7404

    Nearby Similar for Lease

    • $3,800/Mo

      Versatile Downtown Atlanta Commercial Space

      Adaptable commercial space in a sought-after Atlanta location.
      253 Trinity AVE SW, Atlanta, GA 30303
      View Details
    • $500/Mo
      17,576 SF

      Professional Office Suites in Atlanta

      Flexible office suites in a convenient Atlanta location.
      2100 Parklake Drive NE, Atlanta, GA 30345
      View Details
    • $1,800/Mo
      1,219 SF

      Westview Commercial Space Near Beltline

      Commercial space near the Beltline, ideal for retail or church.
      1583 Ralph David Abernathy Boulevard SW, Atlanta, GA 30310
      View Details
    • $3,000/Mo

      Office Condo in Cascade Park

      Well-appointed office condo for lease in Atlanta's Cascade area.
      950 Dannon View SW, Atlanta, GA 30331
      View Details
    • $3,000/Mo
      1,198 SF

      Office Condo in Cascade Park

      Well-appointed office condo for lease in Atlanta's Cascade area.
      950 Dannon View SW, Atlanta, GA 30331
      View Details
    • $1,100/Mo

      Premium Beauty and Wellness Suites

      Private suites in a high-end Atlanta wellness studio.
      5600 Roswell Road, Atlanta, GA 30342
      View Details
    • $2,500/Mo
      2,962 SF

      Versatile Retail/Office Space Available Now

      2962 sqft retail/office space in vibrant Doraville location.
      5953 Buford Highway NE, Atlanta, GA 30340
      View Details
    • $1,100/Mo

      Piedmont Avenue Boutique Office Suite

      Two-room office suite near Piedmont Park and Midtown MARTA.
      741 PIEDMONT Avenue NE, Atlanta, GA 30308
      View Details
    • $3,800/Mo

      Adaptable Commercial Space in Atlanta

      Versatile commercial space in Downtown Atlanta, ideal for various ventures.
      253 Trinity Avenue SW, Atlanta, GA 30303
      View Details
    • $2,800/Mo

      Prime Commercial Storefront in Atlanta

      High-visibility commercial space ideal for retail or office use.
      434 Ponce De Leon Avenue, Atlanta, GA 30308
      View Details
    • $5,500/Mo
      1,600 SF

      Retail Space on Roswell Road

      Move-in-ready retail space with high visibility and foot traffic.
      5600 Roswell Road, Atlanta, GA 30342
      View Details
    • $3,000/Mo

      Office Space in Atlanta, GA

      Office space available for rent in Atlanta, Georgia.
      620 NE Glen Iris Drive NE, Atlanta, GA 30308
      View Details

    FAQs

    What type of property is this?
    Retail space - New retail suites in vibrant East Atlanta Village for lease.
    Where is this retail space located?
    The property is located at 512 Flat Shoals Ave SE Atlanta, GA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Prime location in the heart of East Atlanta Village.; Versatile retail suites ideal for restaurant or retail tenants.; Customizable layouts allowing tenants to design and personalize spaces.
    (404) 876-1640
    We can help!
    Listing Contact
    Michael Wess, CCIM
    Michael Wess, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    512 Flat Shoals Ave SE, Atlanta, GA 30316
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!