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    485 Atlanta Pkwy Forest Park, GA 30297

    Sponsored
    For Lease
    $600 /Mo

    48 Spaces, I-75 Access, High Visibility

    Lot size:
    348,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 48-space parking lot presents a lucrative investment opportunity in the thriving Clayton submarket of Atlanta (ATL). Located at 485 Atlanta South Parkway, Forest Park, Georgia, this single-tenant property offers 348,480 square feet of paved and lighted parking space. Its strategic location provides unparalleled convenience, situated just half a mile from the interchange of I-75 North and South, ensuring easy access for commuters and efficient transportation of goods. The property's proximity to I-75 South and Highway 85 Parkway further enhances its accessibility and visibility. This prime location also benefits from its close proximity to Atlanta and Hartsfield-Jackson Atlanta International Airport, the world's busiest airport, providing exceptional connectivity to regional and global transportation networks. The ample parking capacity, coupled with its convenient location and excellent visibility, makes this property ideally suited for a variety of businesses seeking secure and easily accessible parking solutions. This is a rare opportunity to acquire a well-maintained, high-demand parking facility in a rapidly growing area. The property's size and location offer significant potential for long-term growth and return on investment.

    Property Features for 485 Atlanta Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    348,480 SF
    Total Rate
    600

    Unit(s) available at that property

    Space
    Size
    348,480 SF
    Rate per SF
    $600

    HighLights

    • 48‑space parking lot for lease in Forest Park, GA.
    • Located 0.5 miles from I‑75 N & S, offering excellent access and visibility.
    • Situated near Atlanta, providing convenient access to major transportation arteries, including Hartsfield‑Jackson Atlanta International Airport.
    • Property features paved surfaces and lighting.
    • Single‑tenant retail parking lot totaling 348,480 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.405817630589
    Latitude
    33.612984083283

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    FAQs

    What type of property is this?
    Retail property - 48 Spaces, I-75 Access, High Visibility
    Where is this retail property located?
    The property is located at 485 Atlanta Pkwy Forest Park, GA.
    What is the lease rate?
    The lease rate is $600 /Mo.
    What are key features of this property?
    This property features: 48-space parking lot for lease in Forest Park, GA.; Located 0.5 miles from I-75 N & S, offering excellent access and visibility.; Situated near Atlanta, providing convenient access to major transportation arteries, including Hartsfield-Jackson Atlanta International Airport.
    Request Owner's contact information
    485 Atlanta Pkwy Forest Park, GA 30297
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    Forest Park, GA 30297
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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
    485 Atlanta Pkwy Forest Park, GA 30297
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