Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Roosevelt Hwy College Park, GA 30337

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Roosevelt Hwy College Park, GA 30337

    View on Map
    • Land
    • 3.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Roosevelt Hwy

    Lot size
    3.00 lot acres
    Property type
    Land

    Description

    This exceptional 3-acre commercial property in College Park, Georgia, presents a significant investment opportunity. Located on Roosevelt Highway (US 29) and Old National Highway (GA 279), it boasts approximately 340 feet of estimated road frontage, offering unparalleled visibility and accessibility. The property's strategic location is just 0.9 miles from the I-285/Roosevelt Highway interchange and 0.9 miles from the I-285/Old National Highway interchange (Exit 62), and 1.4 miles from the I-85/Riverdale Road interchange (Exit 71). Its proximity to Hartsfield-Jackson International Airport (3.1 miles to the Domestic Terminal) further enhances its appeal. Zoned C-1, this level lot allows for a variety of permitted uses, including retail, restaurants, professional offices, and more (see zoning details). Utilities (power, water, and sewer) are available. While there is no existing survey, the estimated road frontage is based on public records. The property's topography is level, though situated lower than Roosevelt Highway, with a steep bank rising to Old National Highway. An adjacent BP gas station borders the east side of the property. The asking price is $470,000. APN: 13 003600010471. Coordinates: 33.627718, -84.473608.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4736
    Latitude
    33.6277

    Comparable in this City

    • Value Estimation by Request
      0.93 Acres

      Kent Rd

      Land • 0.93 Acres
      0 Kent Rd, College Park, GA 30337
      View Details
    • Value Estimation by Request
      0.46 Acres

      3698 Main St

      Land • 0.46 Acres
      3698 Main St, Atlanta, GA 30337
      View Details
    • Value Estimation by Request

      4905 Old National Hwy

      Land
      4905 Old National Hwy, College Park, GA 30337
      View Details
    • Value Estimation by Request
      13.69 Acres

      Best Rd

      Land • 13.69 Acres
      0 Best Rd, College Park, GA 30337
      View Details
    • Value Estimation by Request
      3.00 Acres

      Roosevelt Hwy

      Land • 3.00 Acres
      0 Roosevelt Hwy, College Park, GA 30337
      View Details
    • Value Estimation by Request
      0.39 Acres

      1590 Princeton Ave

      Land • 0.39 Acres
      1590 Princeton Ave, College Park, GA 30337
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13.69 Acres

      College Park Commercial Land - 13.69 Acres

      Prime Airport Area Development Opportunity
      0 Best Rd, College Park, GA 30337
      View Details
    • $250,000

      Land Near Gateway Arena

      Land available within the 6 West Development near GICC.
      2269 Princeton Ave, College Park, GA 30337
      View Details
    • $1,199,000

      College Park Industrial Site For Sale

      3.5-acre industrial site in College Park, suitable for various uses.
      2723 Roosevelt Hwy, College Park, GA 30337
      View Details
    • $90,000
      1.66 Acres

      Atlanta Land Development Opportunity

      1.662-acre residential lot near Hartsfield-Jackson Atlanta International Airport.
      Yates Rd Land, Atlanta, GA 30337
      View Details
    • $129,900

      Hospitality Campus Zoned Land

      90 x 190 lot in Atlanta Aerotropolis District.
      1590 E Princeton Ave, College Park, GA 30337
      View Details
    • $90,000
      1.66 Acres

      Residential Land Near Atlanta Airport

      1.662-acre residential lot near Hartsfield-Jackson Atlanta International Airport.
      Yates Rd Land, Atlanta, GA 30337
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property on Old National

      Industrial property for rent with highway frontage and signage.
      4901 Old National Hwy, College Park, GA 30337
      View Details
    • $1,200 /Mo
      133,136 SF

      Aerotropolis Center Commercial Space

      Premier commercial space designed for entrepreneurs and small business owners.
      2077 Convention Center Concourse, College Park, GA 30337
      View Details
    • Contact for pricing

      College Park Restaurant Space Available

      Two-story restaurant space with deck and retractable roof.
      1650 Virginia Ave, College Park, GA 30337
      View Details
    • $1,500 /Mo
      133,136 SF

      Aerotropolis Commercial Space for Rent

      Premier commercial space designed for entrepreneurs and small business owners.
      2077 Convention Center Concourse, College Park, GA 30337
      View Details
    • Contact for pricing

      Class A Office Space Available

      Professional office environment with convenient access to major highways.
      4751 Best Rd, College Park, GA 30337
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in College Park, GA.
      2300 Camp Creek Pkwy, College Park, GA 30337
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Roosevelt Hwy
    College Park, GA 30337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!