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    368 Ponce De Leon Ave Atlanta, GA 30308

    For Sale
    $5,000,000

    Prime Atlanta location, 10,600 sqft, redevelopment opportunity.

    Property size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property, located at 368 Ponce De Leon Ave NE in Atlanta, GA, presents a compelling redevelopment opportunity. The 1.07-acre lot features two buildings totaling approximately 10,600 square feet of net rentable space, built in 1920 and renovated in 2000. The main building boasts approximately 8,500 square feet, complemented by a secondary building of approximately 2,100 square feet. The property is currently vacant, offering immediate occupancy potential. With a C2 zoning designation, the property allows for diverse uses, including creative office, executive office, school, or high-end residential. The property includes 15 paved parking spaces and enjoys excellent privacy within a fully fenced and gated lot. The main house showcases architectural details reminiscent of stately mansions, while the property's location in the Poncey-Highlands and Old Fourth Ward districts provides unparalleled access to Atlanta's vibrant urban core. Skyline views from the top floor add to the property's allure. Offered at $5,000,000, this property is a value-add investment with potential for higher density development. The property is available for scheduled site inspections only, with a proposed 60-day due diligence period and 30-day closing. The two-story buildings sit on a level lot and offer a 12-foot ceiling height.

    Property Features for 368 Ponce De Leon Ave

    General Information

    Property type
    Schools
    Square Feet
    8,500 SF
    Class
    B
    Lot Size
    46,609 SF

    Building Details

    Year Built/Renovated
    1920/2000
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • $5,000,000 asking price (subject to increase).
    • Site inspections by appointment only.
    • 60‑day due diligence period and 30‑day closing.
    • Immediately available for occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.375274
    Latitude
    33.7730838

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    FAQs

    What type of property is this?
    School - Prime Atlanta location, 10,600 sqft, redevelopment opportunity.
    Where is this school located?
    The property is located at 368 Ponce De Leon Ave Atlanta, GA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $5,000,000 asking price (subject to increase).; Site inspections by appointment only.; 60-day due diligence period and 30-day closing.
    Request Owner's contact information
    368 Ponce De Leon Ave Atlanta, GA 30308
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    Realmo Value Estimation

    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.

    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.

    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
    368 Ponce De Leon Ave Atlanta, GA 30308
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