Two-Suite Mixed-Use Commercial
5509 Peachtree Boulevard, Atlanta, GA 30341
For Sale
$1,299,900
Commercial Sale, Atlanta, GA
Property Size3,000 SF
Lot Size0.24 Acres
Price / SF$433.30
Days on Market21
Property Features for 5509 Peachtree Boulevard
General Information
Property type
Property subtype
Parking
Parking features
Accessibility
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Buildings
Listing Agency:
Keller Williams Realty
(404) 541-3500
Listed By:
Franklin J Brockway · License GA #321490
(404) 787-2253
Added: Oct 20
Changed: Nov 9
Last Checked: Nov 9 at 11:06AM
MLS# 10887304
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,000-square-foot freestanding building at 5509 Peachtree Boulevard is divided into two 1,500-square-foot suites. One is occupied by a dry-cleaning tenant, while the other is vacant and retains restaurant infrastructure. The building was constructed in 1967 with block and concrete materials and has a parking lot and ramp-accessible approach.
The property occupies 0.242 acres in Chamblee. Central heating and central air serve the building, with public water and public sewer available.
The property occupies 0.242 acres in Chamblee. Central heating and central air serve the building, with public water and public sewer available.
Key Highlights
- Two 1,500‑square‑foot suites in a 3,000‑square‑foot freestanding building
- Dry‑cleaning tenant occupies one suite; the second suite is vacant
- Vacant suite retains restaurant infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,450
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,000
$729.0K
Cap Rate 7%
$520,714
$520.7K
Cap Rate 9%
$405,000
$405.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$64.8K $21.60/SF
− Vacancy
−$6.5K −$2.16/SF
EGI
$58.3K $19.44/SF
− OpEx
−$21.9K −$7.29/SF
NOI
$36.5K $12.15/SF
Area
Atlanta, GA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,000
Cap Rate 7%
$520,714
Cap Rate 9%
$405,000
Alternative Uses
Best Use
Mixed Use
$520.7K
$455.6K – $607.5K
NOI $36,450 @ 7.0% cap · market cap 2.80%
Second Best
Retail
$499.5K
$437.1K – $582.8K
NOI $34,965 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$838.6K
$733.8K – $978.4K
NOI $58,703 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,709
Businesses Nearby
Explore this area
Business Placement
Demographics for 30341, GA
35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Atlanta, GA
Properties on Market for Mixed-use properties in Atlanta
Vacancy Rate% for Retail in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Mixed-use property - One suite houses a dry-cleaning business; the other retains restaurant infrastructure for a future commercial occupant.
Where is this mixed-use property located?
The property is located at 5509 Peachtree Boulevard Atlanta, GA.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Two 1,500‑square‑foot suites in a 3,000‑square‑foot freestanding building; Dry‑cleaning tenant occupies one suite; the second suite is vacant; Vacant suite retains restaurant infrastructure
