Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2304 Northside Dr Atlanta, GA 30305

    • Commercial real estate
    • 2.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1655823
    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

    • Ewing-Dyess Railroad Engineering / Engineering Consultant

    Property Details for 2304 Northside Dr

    Lot size
    2.84 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.84-acre residential land parcel presents a remarkable development opportunity in the heart of Buckhead, Atlanta, Georgia. Located in a highly desirable area, this R-3A zoned property requires no rezoning and offers the potential for a seven-lot subdivision. The site enjoys an enviable position adjacent to Atlanta Memorial Park, providing residents with access to walking trails and a children's playground. Across the street, the prestigious Bobby Jones Golf Club and Bitsy Grant Tennis Center, recently renovated, offer premier recreational amenities, and the property also benefits from proximity to the Atlanta BeltLine Northside Trail. Within a short drive, residents will find a wealth of upscale retail and dining options, along with Atlanta's finest sporting events and concerts. The location also boasts convenient access to top-tier educational institutions, including Morris Brandon Elementary, Sutton Middle School, and North Atlanta High School, as well as esteemed colleges and universities. Major transportation networks and interstate systems ensure easy commutes, and top-tier hospitals and medical clinics are conveniently nearby. All utilities are readily available on-site. The asking price for this exceptional property is $4,200,000. Currently occupied residences are on the property

    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
    -84.407678026941
    Latitude
    33.818367702591

    Comparable in this City

    • Contact for pricing
      4.75 Acres

      Roswell Road Development Assemblage

      Buckhead land, high traffic, redevelopment potential
      3501 Roswell Rd, Atlanta, GA 30305
      View Details
    • $2,350,000
      0.20 Acres

      Buckhead Mixed-Use Oasis

      Luxury Live/Work Opportunity in Atlanta
      2963 Fulton Dr, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Office Space for Lease

      Upscale furnished office in Plaza Towers.
      2575 Peachtree Rd, Atlanta, GA 30305
      View Details
    • $149,000
      0.01 Acres

      Buckhead Office Condo - $149K

      Prime Buckhead Office, Fully Furnished
      2575 Peachtree Rd, Atlanta, GA 30305
      View Details
    • $350,000

      Residential Property with Extensive Amenities

      Two-bedroom residence with security, amenities, and convenient location.
      3530 Piedmont Rd NE, Atlanta, GA 30305
      View Details
    • $1,850,000
      4,037 SF

      Updated Townhome in Gated Community

      Beautifully updated townhome in a coveted gated community near Duck Pond.
      2525 Peachtree Rd NE, Atlanta, GA 30305
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.75 Acres

      Roswell Road Development Assemblage

      Buckhead land, high traffic, redevelopment potential
      3501 Roswell Rd, Atlanta, GA 30305
      View Details
    • $2,350,000
      0.20 Acres

      Buckhead Mixed-Use Oasis

      Luxury Live/Work Opportunity in Atlanta
      2963 Fulton Dr, Atlanta, GA 30305
      View Details
    • $225,000
      840 SF

      Buckhead Condo with Utilities Included

      Oversized 2-bedroom condo in Buckhead with utilities included.
      3060 Court North Pharr Rd NW, Atlanta, GA 30305
      View Details
    • $465,000

      Buckhead Condo with Skyline Views

      Luxury 2-bedroom condo in the heart of Buckhead.
      3040 Peachtree Rd NW, Atlanta, GA 30305
      View Details
    • $2,575,000
      2,557 SF

      Luxury Buckhead Condominium with Terraces

      Sophisticated 2-bedroom condo with den, terraces, and high-end amenities.
      2520 Peachtree Rd NW, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Office Space for Lease

      Upscale furnished office in Plaza Towers.
      2575 Peachtree Rd, Atlanta, GA 30305
      View Details

    Similar Nearby for Lease

    • $1,850 /Mo
      837 SF

      Buckhead Renovated 1-Bedroom Apartment

      Fully renovated 1-bedroom apartment in Buckhead with utilities included.
      2479 Peachtree Rd NE, Atlanta, GA 30305
      View Details
    • $2,000 /Mo
      1,012 SF

      Buckhead Condo with Elegant Finishes

      Updated 2-bedroom condo in vibrant Buckhead, Atlanta.
      2965 Court South Pharr Rd NW, Atlanta, GA 30305
      View Details
    • $1,500 /Mo
      807 SF

      Buckhead Condominium with Modern Amenities

      Upscale Buckhead condominium with pool, gym, and convenient location.
      2870 Court South Pharr Rd NW, Atlanta, GA 30305
      View Details
    • $23 SF/Yr
      10,000 SF

      Prime Buckhead Executive Office Space

      Atlanta Office: 10,000 SF Available
      3520 Piedmont Rd, Atlanta, GA 30305
      View Details
    • $32 SF/Yr
      1,602 SF

      Retail Space in Premier Location

      Retail space available in the heart of Buckhead.
      3280 Peachtree Rd NE, Atlanta, GA 30305
      View Details
    • Contact for pricing
      4,889 SF

      Prime Office Space in Buckhead

      Office space for rent in vibrant Buckhead Village.
      3050 Peachtree Rd, Atlanta, GA 30305
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2304 Northside Dr
    Atlanta, GA 30305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.