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    2991 Buford Hwy Atlanta, GA 30329

    For Sale
    Contact for pricing

    High-traffic Buford Hwy location, 44,000 sq ft.

    Property size:
    44,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional redevelopment opportunity encompasses a 44,000 square foot mixed-use property situated on over one acre of land at 2991 Buford Highway NE in Atlanta, Dekalb County, Georgia, zip code 30329. Currently operating at 100% occupancy, this prime location offers significant potential for future development. The property is zoned for mixed-use development, allowing for a wide range of possibilities to suit an investor's vision. The existing structure presents a substantial footprint for renovation or repurposing, catering to a variety of commercial uses. The property benefits from its high visibility and accessibility along Buford Highway, a major thoroughfare with high traffic volume and significant pedestrian activity. The ground lease arrangement provides additional flexibility for long-term investment strategies. This is an exceptional chance to acquire a substantial mixed-use asset in a thriving Atlanta location, ripe for redevelopment and poised for significant returns. The property's address is 2891/2991 Buford Highway NE.

    Property Features for 2991 Buford Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    44,000 SF

    HighLights

    • Prime mixed‑use redevelopment opportunity in Atlanta, GA.
    • 44,000 square feet on 1+ acre lot.
    • 100% occupied.
    • Located at 2991 Buford Hwy NE, Atlanta, GA 30329.
    • Mixed‑use zoning.
    • Ground lease in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wheels & Deals Auto ... Used Car Dealer A A Gareth Heating & Air Heating Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.338359601754
    Latitude
    33.835143336579

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic Buford Hwy location, 44,000 sq ft.
    Where is this mixed-use property located?
    The property is located at 2991 Buford Hwy Atlanta, GA.
    What are key features of this property?
    This property features: Prime mixed-use redevelopment opportunity in Atlanta, GA.; 44,000 square feet on 1+ acre lot.; 100% occupied.
    Request Owner's contact information
    2991 Buford Hwy Atlanta, GA 30329
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    Atlanta, GA 30329
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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
    2991 Buford Hwy Atlanta, GA 30329
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