C-1 Zoned Commercial
985 Oakland Drive SW Atlanta, GA 30310
985 Oakland Drive SW, Atlanta, GA, 30310
$249,000
For Sale
$249,000
For-sale C-1 zoned building that is currently habitable and adaptable for multiple commercial use types.
Property Size1,254 SF
Price / SF$198.56
Days on Market18
Property Features for 985 Oakland Drive SW
General Information
- Standard status
- Active
- Size
- 1,254 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1950
Listing agency
BHGRE Metro Brokers
(404) 732-3541
Listed by
Steven Barlow · License #292393
(404) 732-3541
Source
Xome
Added: Jul 4 Updated: Jul 20 at 6:04PM Checked: Jul 21 at 3:03AM
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 BHGRE Metro Brokers
Investment Insights
Based on property information with market context.
This for-sale commercial property is located at 985 Oakland Drive SW and is zoned C-1, providing flexibility for a range of commercial uses. The existing building is currently habitable and can be adapted to support retail, office, professional services, and other commercial needs.
The property is described as having a Beltline location. Access and frontage details are not provided, so prospective tenants and buyers should confirm logistics and site conditions during due diligence.
With its habitable improvements and C-1 zoning, the building offers a straightforward starting point for an owner-user or investor seeking a commercially adaptable property.
The property is described as having a Beltline location. Access and frontage details are not provided, so prospective tenants and buyers should confirm logistics and site conditions during due diligence.
With its habitable improvements and C-1 zoning, the building offers a straightforward starting point for an owner-user or investor seeking a commercially adaptable property.
Key Highlights
- C‑1 zoned commercial property with an existing, currently habitable building adaptable for multiple commercial use types
- Level lot on a paved road, with 20 parking spaces available
- Central air cooling; concrete flooring
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.9k | $23.87 |
| − Vacancy | −$7.5k | −$6.02 |
| EGI | $22.4k | $17.85 |
| − OpEx | −$5.6k | −$4.46 |
| NOI | $16.8k | $13.39 |
1,254 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$239.9K
$209.9K – $279.9K
NOI $16,792 @ 7.0% cap · market cap 6.74%
Second Best
Retail
$208.8K
$182.7K – $243.6K
NOI $14,615 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$350.5K
$306.7K – $409.0K
NOI $24,538 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Note Singer Center
Hotel & Motel
Associated Note Singers
Music Instruction
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For-sale C-1 zoned building that is currently habitable and adaptable for multiple commercial use types.
Where is this retail space located?
The property is located at 985 Oakland Drive SW Atlanta, GA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: C‑1 zoned commercial property with an existing, currently habitable building adaptable for multiple commercial use types; Level lot on a paved road, with 20 parking spaces available; Central air cooling; concrete flooring
