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    316 Peters St Atlanta, GA 30313

    For Sale
    Contact for pricing

    Prime Atlanta location, 30,740 SF.

    Property size:
    30,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional redevelopment opportunity presents a ±30,740 square foot industrial warehouse building situated on a 0.22-acre lot in Atlanta's vibrant Castleberry Hill neighborhood. Built in 1900, this three-story structure is zoned HC-20N SA1, offering significant potential for adaptive reuse. The property's prime location within the Castleberry Hill Opportunity Zone provides significant tax advantages. Its central location offers unparalleled access to Downtown Atlanta's amenities, including proximity to Mercedes-Benz Stadium and State Farm Arena, and within walking distance of two MARTA rail stations. The surrounding area boasts a thriving mix of office, multi-family, mixed-use, and retail properties, making it an attractive destination for the millennial workforce. This unique property presents a rare chance to capitalize on the burgeoning Castleberry Hill market and create a high-demand development. The address is 316 Peters St SW, Atlanta, GA 30313, in Fulton County. This single-tenancy property offers a blank canvas for a visionary developer seeking to create a landmark project in a rapidly growing area.

    Property Features for 316 Peters St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    30,740 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1900
    Stories
    3

    HighLights

    • Opportunity Zone designation.
    • 30,740 SF warehouse in Atlanta's Castleberry Hill submarket.
    • Walkable to Mercedes‑Benz Stadium, State Farm Arena, and two MARTA stations.
    • Within one mile of major office, multifamily, mixed‑use, and retail properties.
    • Attractive to millennial workforce.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Atlanta City Baptist ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4030261
    Latitude
    33.7459756

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Atlanta location, 30,740 SF.
    Where is this office property / space located?
    The property is located at 316 Peters St Atlanta, GA.
    What are key features of this property?
    This property features: Opportunity Zone designation.; 30,740 SF warehouse in Atlanta's Castleberry Hill submarket.; Walkable to Mercedes-Benz Stadium, State Farm Arena, and two MARTA stations.
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    316 Peters St Atlanta, GA 30313
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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
    316 Peters St Atlanta, GA 30313
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