591 Valley Hill Road Sw Riverdale, Riverdale, GA 30274
Former bank structure with substantial on-site parking, offering flexible options for office, medical, retail, or service use.
- Added:
- Jul 1, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 5 at 3:02 am
Property Features for 591 Valley Hill Road Sw Riverdale
General Information
- Standard status
- Active
- Size
- 4,034 SF
Building Details
- Year Built
- 1980
Listing office (706) 480-5310
Listing date Jul 1, 2026
Source Thesoldsquad
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HighLights
- 0.99‑acre city lot on a paved parking lot with drive‑through parking features
- Total building area of 4,034 SF with an existing former bank structure of approximately 3,063 SF
- Heating and air conditioning available
- Public water service; level lot near public transit
- Less than 1/2 mile from Georgia Hwy 85 for commuter exposure and easy access to south metro Atlanta
Overview
The site is positioned along a growing commercial corridor in Riverdale and sits less than one-half mile from Georgia Hwy 85. The location provides convenient access to the south metro Atlanta market and is described as being near Hartsfield-Jackson Atlanta International Airport.
For an owner-user, investor, or developer, the combination of a ready-to-adapt bank building and parking can support tenants seeking a straightforward footprint for office, medical office, professional suites, or certain retail and service concepts. Any redevelopment or change of use would require confirmation of permitted uses and approvals through the appropriate local authorities.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.9k | $23.04 |
| − Vacancy | −$6.5k | −$1.61 |
| EGI | $86.4k | $21.43 |
| − OpEx | −$21.6k | −$5.36 |
| NOI | $64.8k | $16.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Riverdale
- County
- Clayton
- State
- Georgia
- Longitude
- -84.4095688
- Latitude
- 33.5726998