Former Bank Building with
For Sale
$950,000
591 Valley Hill Road SW, Riverdale, GA 30274
Commercial Sale, Riverdale, GA
Property Size4,034 SF
Lot Size0.99 Acres
Price / SF$235.50
Days on Market149
Property Features for 591 Valley Hill Road SW
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
City Lot, Level, Near Public Transit
Directions
go Highway 85 south to City of Riverdale and turn left onto Valley Hill Rd...property is on left
Standard status
Active
APN
13150A B002
Size
4,034 SF
Lot size
0.99 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
9566
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1980
Listing Agency:
Truitt Realty Services, LLC
Listed By:
Anthony Truitt
(770) 235-9587
Added: May 27
Changed: Oct 17
Last Checked: Oct 22 at 7:06PM
MLS# 10772750
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.
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Investment Insights
Based on property information with market context.
This commercial property includes an existing former bank structure on approximately 0.99 acres. The improvements date to 1980 and are supported by central heating, electric central air conditioning, an on-site parking lot, and available electricity. Public water and public sewer serve the property.
Located at 591 Valley Hill Road SW in Riverdale, Georgia, the site is less than one-half mile from Georgia Hwy 85. Its established commercial setting and existing improvements support consideration for adaptive reuse or redevelopment, subject to municipal approvals.
Located at 591 Valley Hill Road SW in Riverdale, Georgia, the site is less than one-half mile from Georgia Hwy 85. Its established commercial setting and existing improvements support consideration for adaptive reuse or redevelopment, subject to municipal approvals.
Key Highlights
- Approximately 0.99‑acre commercial parcel
- Existing former bank structure built in 1980
- Less than one‑half mile from Georgia Hwy 85
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,828
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,560
$1.3M
Cap Rate 7%
$926,114
$926.1K
Cap Rate 9%
$720,311
$720.3K
Market Conditions
NOI Build-Up for 4,034 SF
Gross rent
$92.9K $23.04/SF
− Vacancy
−$6.5K −$1.61/SF
EGI
$86.4K $21.43/SF
− OpEx
−$21.6K −$5.36/SF
NOI
$64.8K $16.07/SF
Area
Clayton County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,560
Cap Rate 7%
$926,114
Cap Rate 9%
$720,311
Alternative Uses
Best Use
Specialty Retail
$926.1K
$810.4K – $1.08M
NOI $64,828 @ 7.0% cap · market cap 6.82%
Second Best
Retail
$810.6K
$709.3K – $945.7K
NOI $56,740 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.13M
$986.7K – $1.32M
NOI $78,936 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,020
Businesses Nearby
Explore this area
Business Placement
Demographics for 30274, GA
34,537
Population
14,299
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
3,386
Density / Sq Mi
$50,455
Median Household Income
$33,141
Median Earnings
$1,241
Median Rent
$157,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Bank - Existing commercial structure on a nearly one-acre parcel with public water, public sewer, and an on-site parking lot.
Where is this bank located?
The property is located at 591 Valley Hill Road SW Riverdale, GA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 0.99‑acre commercial parcel; Existing former bank structure built in 1980; Less than one‑half mile from Georgia Hwy 85
