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    1061 Sparks St Atlanta, GA 30310

    For Sale
    $2,950,000

    Prime Atlanta location, high-yield potential

    Property size:
    2,994 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity encompasses three parcels totaling 1.27 acres in Atlanta, Georgia, strategically located just four blocks from the Atlanta Beltline Westside Trail. The assemblage includes 1061 Lee St, a well-established liquor store boasting over 30 years of operation and 2,994 square feet of space across two levels. The store's features include a spacious walk-in cooler with twelve-door access, a secure cashier cage with bulletproof glass, ample basement storage, and a full bathroom. All existing inventory is included in the sale. Two adjacent lots, 1081 Lee St and 0 Sparks St, offer significant development potential, suitable for various uses including a food market, retail store, or mixed-use space. The property benefits from generous parking and is zoned for multi-family/commercial use. This prime location provides easy access to the vibrant Beltline, with its numerous dining, entertainment, and recreational options. Furthermore, it enjoys convenient proximity to Downtown Atlanta (10-minute drive) and Hartsfield-Jackson Atlanta International Airport (13-minute drive). This presents a rare chance to acquire a long-term, high-yield investment in a thriving Atlanta neighborhood. The asking price is $2,950,000.

    Property Features for 1061 Sparks St

    General Information

    Property type
    Land
    Square Feet
    2,994 SF
    Lot Size
    55,321 SF

    HighLights

    • 1.27‑acre assemblage of three parcels in Atlanta, GA, four blocks from the Atlanta Beltline Westside Trail.
    • Includes a 2,994 SF, established liquor store (1061 Lee St) with over 30 years of operation, walk‑in cooler, secure cashier cage, basement storage, and full bath; all inventory included.
    • Two adjacent vacant lots (1081 Lee St & 0 Sparks St) offer significant development potential for retail or mixed‑use.
    • Multi‑family/commercial zoning, ample parking.
    • Prime location near the Beltline, Downtown Atlanta (10‑minute drive), and Hartsfield‑Jackson Atlanta International Airport (13‑minute drive). Asking price: $2,950,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4206188
    Latitude
    33.7266344

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    FAQs

    What type of property is this?
    Land - Prime Atlanta location, high-yield potential
    Where is this land located?
    The property is located at 1061 Sparks St Atlanta, GA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 1.27-acre assemblage of three parcels in Atlanta, GA, four blocks from the Atlanta Beltline Westside Trail.; Includes a 2,994 SF, established liquor store (1061 Lee St) with over 30 years of operation, walk-in cooler, secure cashier cage, basement storage, and full bath; all inventory included.; Two adjacent vacant lots (1081 Lee St & 0 Sparks St) offer significant development potential for retail or mixed-use.
    Request Owner's contact information
    1061 Sparks St Atlanta, GA 30310
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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
    1061 Sparks St Atlanta, GA 30310
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