1419 Cleveland Ave Atlanta, GA 30344
This exceptional mixed-use property, located at 1419 Cleveland Avenue in East Point, Georgia, presents a compelling investment opportunity. Situated on a 0.344-acre lot in the Jefferson Park community, this property offers convenient access to Hartsfield-Jackson International Airport, Downtown Atlanta, and Atlanta's Beltline. The property comprises two structures: a main building and a rear duplex. Built in 1920, the main building underwent exterior renovations in 2019, while both structures require interior updates, presenting a chance for value enhancement. The property's zoning is ideal for a variety of creative business ventures, making it suitable for diverse uses such as religious/church, medical office, or executive office spaces. The asking price is $350,000. This presents a unique chance to acquire a versatile property in a rapidly developing area with excellent connectivity to major transportation hubs and urban amenities. The property's flexible zoning and prime location make it an attractive investment for those seeking a high-return opportunity with significant upside potential. The existing structures provide a solid foundation for a variety of redevelopment projects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.