Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Near Atlanta Airport Title is generated by Realmo AI

    0 S Martin St, East Point, GA 30344

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    4.01 acres of land near Hartsfield-Jackson Atlanta Airport.

    Type:Land
    Lot size:
    4.01 Acres
    Added:
    Apr 5, 2023
    Days on Market:
    1158
    Last Refresh:
    May 12 at 9:42 pm

    Property Features for 0 S Martin St

    General Information

    Standard status
    Active
    Lot size
    4.01 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Riley Levitt
    Riley Levitt

    Listing agent Riley Levitt License #421801

    Listing office WHN

    Listing date Apr 5, 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 WHN

    HighLights

    • Strategically located less than 2 miles from Hartsfield‑Jackson Atlanta International Airport.
    • Approximately 4.01 acres available for sale.
    • Approximately 1.2 miles from I‑85.

    Overview

    Approximately 4.01 acres are available for sale. The property is strategically located less than 2 miles from Hartsfield-Jackson Atlanta International Airport and approximately 1.2 miles from I-85.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    East Point
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3852931
    Latitude
    33.7176316

    Nearby Similar for Sale

    • $2,499,000

      Multifamily Development Opportunity in East Point

      7.7 acres planned for 138 units near Atlanta airport.
      Norman Berry Drive, East Point, GA 30344
      View Details
    • $249,900

      Charming Home in Historic Conley

      Updated home in East Point's established Conley Hills neighborhood.
      1917 Spring Avenue, East Point, GA 30344
      View Details
    • $319,900

      Renovated Duplex in Jefferson Park

      Renovated East Point duplex near major Atlanta attractions.
      1440 Fulton Avenue, East Point, GA 30344
      View Details
    • $47,000

      East Point Commercial Redevelopment Opportunity

      0.20 acre commercial land for sale in East Point.
      Lawrence Street, East Point, GA 30344
      View Details
    • $750,000
      4,860 SF

      Move-in Ready Office Building

      Income-producing office building with ample parking and handicap accessibility.
      3105 Washington Road, East Point, GA 30344
      View Details
    • $249,900

      East Point Land Opportunity

      9+ acres of land in East Point, Georgia.
      Redwine Road, East Point, GA 30344
      View Details
    • $350,000

      East Point Duplex Investment Opportunity

      Well-maintained East Point duplex near major Atlanta hubs.
      1804 IDLEWOOD Drive, East Point, GA 30344
      View Details
    • $295,900
      1,392 SF

      East Point Versatile Commercial Property

      Versatile East Point property with commercial and residential potential.
      1789 Washington Road, East Point, GA 30344
      View Details
    • $350,000

      East Point Duplex Investment Opportunity

      Well-maintained duplex in East Point, ideal for investors or homeowners.
      1804 IDLEWOOD Drive, East Point, GA 30344
      View Details
    • $5,000,000

      Dunlap Royal Apartments Investment Opportunity

      Value-add apartment complex near Atlanta Airport and Woodward Academy.
      1944 Dunlap Ave, East Point, GA 30344
      View Details
    • $1,500,000

      Four Warehouse Buildings with Lot

      Four warehouse buildings with side lot in East Point, GA.
      1577 & 1587 East Taylor Avenue, East Point, GA 30344
      View Details
    • $490,000
      1,968 SF

      East Point Commercial Building

      Commercial building with vacant lot near East Point Marta Station.
      1852 Washington Road, East Point, GA 30344
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.01 acres of land near Hartsfield-Jackson Atlanta Airport.
    Where is this commercial land located?
    The property is located at 0 S Martin St East Point, GA.
    What are key features of this property?
    This property features: Strategically located less than 2 miles from Hartsfield‑Jackson Atlanta International Airport.; Approximately 4.01 acres available for sale.; Approximately 1.2 miles from I‑85.
    (404) 350-2576 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Riley Levitt
    Riley Levitt
    Real Estate License ID: 421801
    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.
    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

    Thank You for Inquiry
    0 S Martin St, East Point, GA 30344
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!