Mixed-Use
New
For Sale
$340,000
6075 Pinegrove Road, Riverdale, GA 30274
Commercial Sale, Riverdale, GA
Property Size1,588 SF
Lot Size0.53 Acres
Price / SF$214.11
Days on Market2
Property Features for 6075 Pinegrove Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
2
Lot features
Corner Lot
Directions
GPS/WAZE
Standard status
Active
APN
13118B A005
Size
1,588 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1167
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1956
Flooring type
Vinyl
Building materials
Concrete, Vinyl Siding
Roof type
Tile
Listing Agency:
Keller Williams Atlanta Classic · Keller Williams Realty
(404) 564-9500
Listed By:
Phyllis A Minter · License #317137
(770) 256-8168
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 9:06AM
MLS# 10868312
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.
Investment Insights
Based on property information with market context.
This 1,588-square-foot mixed-use property contains three updated apartment units on a 0.53-acre lot. The building dates to 1956 and has vinyl flooring, central heating and central air conditioning. Construction materials include concrete and vinyl siding, with a tile roof.
The Riverdale property is near I-75, I-285 and Hartsfield-Jackson Atlanta International Airport. Public water serves the site, and water is available as a listed utility.
The Riverdale property is near I-75, I-285 and Hartsfield-Jackson Atlanta International Airport. Public water serves the site, and water is available as a listed utility.
Key Highlights
- Three apartment units in a 1,588‑square‑foot building
- 0.53‑acre lot zoned Residential Commercial
- Built in 1956; updated apartment interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,073
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,460
$461.5K
Cap Rate 7%
$329,614
$329.6K
Cap Rate 9%
$256,367
$256.4K
Market Conditions
NOI Build-Up for 1,588 SF
Gross rent
$35.3K $22.20/SF
− Vacancy
−$2.3K −$1.44/SF
EGI
$33.0K $20.76/SF
− OpEx
−$9.9K −$6.23/SF
NOI
$23.1K $14.53/SF
Area
Clayton County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,460
Cap Rate 7%
$329,614
Cap Rate 9%
$256,367
Alternative Uses
Best Use
Multifamily LT 5
$329.6K
$288.4K – $384.6K
NOI $23,073 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$304.8K
$266.7K – $355.6K
NOI $21,333 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$443.9K
$388.4K – $517.9K
NOI $31,073 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
380
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three residential units occupy a parcel with Residential Commercial zoning.
Where is this mixed-use property located?
The property is located at 6075 Pinegrove Road Riverdale, GA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Three apartment units in a 1,588‑square‑foot building; 0.53‑acre lot zoned Residential Commercial; Built in 1956; updated apartment interiors
