Peachtree Road Redevelopment
For Sale
Contact for pricing
4829 Peachtree Blvd, Chamblee, GA 30341
High-exposure property with redevelopment potential in a bustling area.
Property Size14,612 SF
Price / SF$188.20
Days on Market1292
Property Features for 4829 Peachtree Blvd
General Information
Standard status
Active
Size
14,612 SF
Class
C
Property subtype
Hospitality, Land, Mixed Use, Retail
Zoning
VC - City of Chamblee
Investment Type
Redevelopment
Building Details
Year Built
1975
Buildings
1
Stories
1
Units
1
Listing Agency:
Widespread Commercial Group
(404) 564-5560
Listed By:
Daniel Glusman
Source:
Crexi
Added: Feb 9, 2023
Changed: Aug 14
Last Checked: Aug 22 at 7:12AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- High‑exposure location with 36,000+ daily vehicle traffic.
- Boasting 300+ feet of frontage on Peachtree Rd.
- Owner financing available.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$205,523
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,110,460
$4.1M
Cap Rate 7%
$2,936,043
$2.9M
Cap Rate 9%
$2,283,589
$2.3M
Market Conditions
NOI Build-Up for 14,612 SF
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.
Gross rent
$320.9K $21.96/SF
− Vacancy
−$27.3K −$1.87/SF
EGI
$293.6K $20.09/SF
− OpEx
−$88.1K −$6.03/SF
NOI
$205.5K $14.07/SF
Area
DeKalb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,110,460
Cap Rate 7%
$2,936,043
Cap Rate 9%
$2,283,589
Alternative Uses
Best Use
Retail
$2.94M
$2.57M – $3.43M
NOI $205,523 @ 7.0% cap · market cap 7.47%
Second Best
Office B
$2.80M
$2.45M – $3.26M
NOI $195,670 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$4.08M
$3.57M – $4.77M
NOI $285,923 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
Explore this area
Business Placement
Demographics for 30341, GA
35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 $2,750,000.
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.
