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Property profile & analytics

1916 Piedmont NE Rd Atlanta, GA 30324-4117

  • Retail space
  • 2,800 SF
  • 0.31 lot acres
OFF-MARKET
Last Sale
Aug 03, 2022
$1,650,000
Value Estimations
$1,315,000
Show details
Cap Rate Potential
2.5%
Retail space
Location Intelligence
Property ID
US22-4407799
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • VIP Spa / Massage Spa
  • Yawa Spa / Massage Spa
  • Gold Massage Spa / Massage Spa / Massage Therapist

Property Details for 1916 Piedmont NE Rd

Year built
1963
Construction
WOOD
Lot size
0.31 lot acres
Property size
2,800 SF
Zone code
C2
Property type
Retail space
APN
17 005000040850
APU
17005000040850

Description

This exceptional 2,800-square-foot freestanding building is located at 1916 Piedmont Road NE in Atlanta, Georgia, 30324. Built in 1970 and extensively renovated in 2023, this Class C property sits on a 0.31-acre lot and offers 19 parking spaces. Currently occupied by a tenant with a lease extending to April 2027, this presents a unique investment opportunity. The property boasts high visibility directly on Piedmont Road, a highly sought-after retail corridor with significant daily traffic (approximately 23,000 vehicles per day within a one-mile radius). The MRC-2-C zoning allows for diverse uses and potential redevelopment to increase density. The building's versatile layout is easily adaptable to multiple uses, making it ideal for a variety of businesses. The strong demographics in the one-mile radius, with a median household income exceeding $95,000 and 35% growth since 2010, further enhance its investment appeal. The property's parcel numbers are 17-0050-0004-085-0 and 17-0050-0004-085. This is a rare opportunity to acquire a freestanding building in a prime Atlanta location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,320,000
    ML approach
    $1,505,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,107,000
    Market price range: $281k - $1.11M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Atlanta
County
Fulton
State
Georgia
Longitude
-84.3662
Latitude
33.8096
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,339
$299,000
$47,360
$346,360
-
$747,500
$118,400
$865,900
More about this property
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