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    Property profile & analytics

    320 Wieuca Rd Atlanta, GA 30342

    • Commercial real estate
    • 4.90 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0232867
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 320 Wieuca Rd

    Lot size
    4.90 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 4.9-acre parcel, located at 320 West Wieuca Road NE in Atlanta, Georgia (zip code 30342), presents a unique opportunity for residential development. The property is zoned PDH and has recently received city approval for a 10-lot subdivision, making it development-ready. Situated in Fulton County, this land boasts a highly desirable location, offering unparalleled convenience and lifestyle benefits. The site is within walking distance of a soon-to-open Trader Joe's, a Fresh Market, Chastain Park, and a variety of restaurants and shops. The development plan focuses on the West Wieuca area, recognizing the scarcity of available land and the potential for future green space contributions. This prime location, combined with the approved subdivision plan, makes this a truly exceptional investment opportunity for discerning developers seeking to capitalize on Atlanta's thriving real estate market. The asking price for this exceptional property is $3,000,000. This is a rare chance to acquire a fully permitted, high-value residential development site in one of Atlanta's most sought-after neighborhoods. Don't miss this chance to build your dream project.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3770129
    Latitude
    33.8754185

    Comparable in this City

    • $795,000
      0.98 Acres

      Land in Sandy Springs, Atlanta

      0.98-acre lot with remodel or rebuild opportunity in Atlanta.
      110 Stewart Dr, Atlanta, GA 30342
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    • $1,695,000
      6,000 SF

      Modern Home with Resort-Inspired Amenities

      Contemporary home with pool, gardens, and outdoor leisure areas.
      4812 Lake Forrest Dr, Sandy Springs, GA 30342
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    • $244,900
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      Updated Condo Near Buckhead

      Updated 2-bed, 1-bath condo in desirable Atlanta location.
      4266 Roswell Rd NE, Atlanta, GA 30342
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    • $440,000
      1,448 SF

      Luxury Condo Overlooking Chastain Park

      Luxury condo in Buckhead with park views and upscale amenities.
      3820 Roswell Rd NE, Atlanta, GA 30342
      View Details
    • $155,000
      1,039 SF

      Sandy Springs Condo with Patio

      Two-bedroom condo in Sandy Springs with outdoor patio and amenities.
      5400 Roswell Rd, Atlanta, GA 30342
      View Details
    • $225,000
      1,194 SF

      Atlanta Home with Utilities Included

      Charming Atlanta home in desirable location with HOA covering utilities.
      6404 Park Ave NE, Atlanta, GA 30342
      View Details

    Similar Nearby for Sale

    • $795,000
      0.98 Acres

      Land in Sandy Springs, Atlanta

      0.98-acre lot with remodel or rebuild opportunity in Atlanta.
      110 Stewart Dr, Atlanta, GA 30342
      View Details
    • $1,695,000
      6,000 SF

      Modern Home with Resort-Inspired Amenities

      Contemporary home with pool, gardens, and outdoor leisure areas.
      4812 Lake Forrest Dr, Sandy Springs, GA 30342
      View Details
    • $244,900
      1,040 SF

      Updated Condo Near Buckhead

      Updated 2-bed, 1-bath condo in desirable Atlanta location.
      4266 Roswell Rd NE, Atlanta, GA 30342
      View Details
    • $440,000
      1,448 SF

      Luxury Condo Overlooking Chastain Park

      Luxury condo in Buckhead with park views and upscale amenities.
      3820 Roswell Rd NE, Atlanta, GA 30342
      View Details
    • $155,000
      1,039 SF

      Sandy Springs Condo with Patio

      Two-bedroom condo in Sandy Springs with outdoor patio and amenities.
      5400 Roswell Rd, Atlanta, GA 30342
      View Details
    • $225,000
      1,194 SF

      Atlanta Home with Utilities Included

      Charming Atlanta home in desirable location with HOA covering utilities.
      6404 Park Ave NE, Atlanta, GA 30342
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center Near Hospitals

      Retail center near hospitals and medical district for lease.
      860 Johnson Ferry Rd NE, Atlanta, GA 30342
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    • Contact for pricing
      2,565 SF

      Medical Office Space, Atlanta

      Prime medical office; 1,447-2,565 sqft.
      975 Johnson Ferry Rd, Atlanta, GA 30342
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    • $25 SF/Yr
      36,000 SF

      Sandy Springs Medical Office Space

      Prime Sandy Springs medical office suites available.
      5009 Roswell Rd, Sandy Springs, GA 30342
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    • Contact for pricing

      Mixed-Use Development Near MARTA Station

      Mixed-use development with restaurant opportunities near MARTA Medical Center.
      5775 Peachtree Dunwoody Rd, Atlanta, GA 30342
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    • $22 SF/Yr
      25,332 SF

      Prime Atlanta Office Space

      Prestigious Glenridge Office Suites
      5555 Glenridge Dr, Atlanta, GA 30342
      View Details
    • $5,500 /Mo
      152,024 SF

      Prime Retail Space on Roswell Road

      Sublease opportunity in high-traffic Atlanta retail center.
      5600 Roswell Rd, Atlanta, GA 30342
      View Details
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    320 Wieuca Rd
    Atlanta, GA 30342
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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