Peachtree Road Redevelopment
4829 Peachtree Blvd, Chamblee, GA 30341
High-exposure property with redevelopment potential in a bustling area.
Type:Hospitality, Land, Mixed Use, Retail
Property size:
14,612 SFPrice / SF:
$205/SF- Added:
- Feb 9, 2023
- Days on Market:
- 1201
- Last Refresh:
- May 20 at 8:17 pm
Property Features for 4829 Peachtree Blvd
General Information
- Standard status
- Active
- Size
- 14,612 SF
- Property subtype
- Hospitality, Land, Mixed Use, Retail
Building Details
- Year Built
- 1975
Listing agent Daniel Glusman
Listing office Widespread Commercial Group
Listing date Feb 9, 2023
Source Crexi
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 Widespread Commercial Group
HighLights
- High‑exposure location with 36,000+ daily vehicle traffic.
- Boasting 300+ feet of frontage on Peachtree Rd.
- Owner financing available.
- Ground lease options available.
- Zoning allows mixed‑use development (retail, office, service businesses).
- Potential for redevelopment or adaptive reuse.
Overview
Located at 4829 Peachtree Rd NE, Chamblee, GA, this property offers redevelopment or adaptive reuse potential. It benefits from high exposure, with over 36,000 daily vehicle traffic and more than 300 feet of frontage on Peachtree Rd. The Village Commercial (VC) zoning in the City of Chamblee allows for mixed-use possibilities, including retail, office, or service businesses. The property is suitable for adaptive reuse of the existing building or ground-up development for a customized design. The property size is 14,612 square feet. Owner financing and ground lease options are available.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$2.28M
NOI $205,523 @ 9.00% cap · cautious / downside scenario
Moderate
$2.94M
NOI $205,523 @ 7.00% cap · market / base-case scenario
Aggressive
$4.11M
NOI $205,523 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $320.9k | $21.96 |
| − Vacancy | −$27.3k | −$1.87 |
| EGI | $293.6k | $20.09 |
| − OpEx | −$88.1k | −$6.03 |
| NOI | $205.5k | $14.07 |
14,612 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$2.94M
$2.57M – $3.43M
NOI $205,523 @ 7.0% cap · market cap 6.85%
Second Best
Office B
$2.80M
$2.45M – $3.26M
NOI $195,670 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$4.08M
$3.57M – $4.77M
NOI $285,923 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chamblee
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.230447
- Latitude
- 33.931421
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - High-exposure property with redevelopment potential in a bustling area.
Where is this mixed-use property located?
The property is located at 4829 Peachtree Blvd Chamblee, GA.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: High‑exposure location with 36,000+ daily vehicle traffic.; Boasting 300+ feet of frontage on Peachtree Rd.; Owner financing available.
