Freestanding Restaurant with Highway
7643 Highway 85 Riverdale, GA 30274
For Sale
$2,800,000
Built in 1984, this freestanding restaurant building offers ample parking and prominent Highway 85 frontage.
Property Size9,763 SF
Lot Size1.50 Acres
Price / SF$286.80
Days on Market347
Property Features for 7643 Highway 85
General Information
- Standard status
- Active
- Size
- 9,763 SF
- Lot size
- 1.50 Acres
Listing Agency:
Norluxe Realty Atlanta
(470) 223-1981
Listed By:
Riza Simpson
(470) 223-1981
Source:
Exprealty
Added: Aug 12, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:02AM
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 Norluxe Realty Atlanta
Investment Insights
Based on property information with market context.
For sale is a freestanding restaurant property on Highway 85 in Riverdale, GA. The building was constructed in 1984 and provides a total of 9,763 SF, with a site built to support on-site operations and future changes. The listing describes strong signage visibility and frontage along the corridor, along with ample parking and flexibility for a range of restaurant or retail concepts.
The property is located at 7643 Highway 85 and is positioned on approximately 1.5 +/- acres. Public remarks cite a traffic count of approximately 38,000 VPD on GA-85, supporting high daily exposure to both local customers and through-traffic.
Zoning is stated as GB, with permitted uses including restaurant, retail, office, and automotive uses, and the remarks indicate potential for higher-density commercial development. The large building and lot size are also presented as useful for immediate operation or modifications such as drive-thru and outdoor dining.
The property is located at 7643 Highway 85 and is positioned on approximately 1.5 +/- acres. Public remarks cite a traffic count of approximately 38,000 VPD on GA-85, supporting high daily exposure to both local customers and through-traffic.
Zoning is stated as GB, with permitted uses including restaurant, retail, office, and automotive uses, and the remarks indicate potential for higher-density commercial development. The large building and lot size are also presented as useful for immediate operation or modifications such as drive-thru and outdoor dining.
Key Highlights
- 9,763 SF freestanding restaurant building built in 1984 with prominent GA‑85 frontage
- Zoned GB; permits restaurant, retail, office, and automotive uses
- Approx. 1.5 +/- acres with ample on‑site parking for restaurant or retail concepts
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 | $224.9k | $23.04 |
| − Vacancy | −$15.7k | −$1.61 |
| EGI | $209.2k | $21.43 |
| − OpEx | −$52.3k | −$5.36 |
| NOI | $156.9k | $16.07 |
9,763 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,895 @ 7.0% cap · market cap 5.60%
Second Best
Retail
$1.96M
$1.72M – $2.29M
NOI $137,320 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M
NOI $191,039 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Built in 1984, this freestanding restaurant building offers ample parking and prominent Highway 85 frontage.
Where is this conventional restaurant located?
The property is located at 7643 Highway 85 Riverdale, GA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 9,763 SF freestanding restaurant building built in 1984 with prominent GA‑85 frontage; Zoned GB; permits restaurant, retail, office, and automotive uses; Approx. 1.5 +/- acres with ample on‑site parking for restaurant or retail concepts
