Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5930 Ga-85 Riverdale, GA 30274
    Back to Search
    Property profile & analytics

    5930 Ga-85, Riverdale, GA 30274

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 5930 Ga-85

    Year built
    1999
    Property type
    Specialty properties
    Property subtype
    Retirement homes

    Description

    This exceptional 23-unit senior living complex in Riverdale, Georgia, presents a compelling investment opportunity. Boasting 100% occupancy and a waiting list, this stabilized property offers a 7% cap rate with a pro-forma rate of 8.4%. The property comprises five, two-story buildings totaling 2,880 net rentable square feet on a substantial 348,001 square foot lot. Built in 1999 and extensively renovated between 2021 and 2023, the complex features 50 parking spaces, individual mailboxes, and key card access for each of the 207 rooms. Select units include features accommodating special needs. The property is zoned for special purposes, including senior living, and offers potential for future development on the rear lot. Located approximately 10-15 minutes from Hartsfield-Jackson Atlanta International Airport and within easy reach of major interstates, this property benefits from convenient access to transportation and amenities. The current average monthly rent ranges from $5,200 to $7,500. Each unit includes a washer and dryer and individual utility metering. The property's strong NOI of $844,886 further underscores its financial strength. Owner financing is available with a $1 million down payment. The sale includes the existing leases, though terms are negotiable. This is a rare opportunity to acquire a highly profitable, well-maintained senior living facility in a prime location. The property's unique zoning as a specialty property in Clayton County, Georgia, adds significant value.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4076
    Latitude
    33.593

    Comparable in this City

    • Value Estimation
      $2,490,000
      51,743 SF

      223 Medical Ctr Dr

      HOMES (RETIRED, NURSING)
      223 Medical Ctr Dr, Riverdale, GA 30274-2640
      View Details
    • Value Estimation by Request
      2,020 SF

      315 Uppr Riverdale SW Rd

      HOMES (RETIRED, NURSING)
      315 Uppr Riverdale SW Rd, Riverdale, GA 30274-2500
      View Details
    • Value Estimation by Request
      176 SF

      8265 Hwy 85

      GARDEN APT, COURT APT (5+ UNITS)
      8265 Hwy 85, Riverdale, GA 30274
      View Details
    • Value Estimation
      $33,255,000
      387 SF

      5758 Hwy 85

      GARDEN APT, COURT APT (5+ UNITS)
      5758 Hwy 85, Riverdale, GA 30274-1410
      View Details
    • Value Estimation by Request
      150 SF

      235 Roberts Dr

      GARDEN APT, COURT APT (5+ UNITS)
      235 Roberts Dr, Riverdale, GA 30274-3344
      View Details
    • Value Estimation
      $12,220,000
      106 SF

      685 Rountree Rd

      GARDEN APT, COURT APT (5+ UNITS)
      685 Rountree Rd, Riverdale, GA 30274-3432
      View Details

    Similar Nearby for Sale

    • New
      $950,000
      4,034 SF

      Riverdale Commercial Property For Sale

      Commercial property in growing Riverdale corridor with adaptive reuse potential.
      591 Valley Hill Rd SW, Riverdale, GA 30274
      View Details
    • $125,000

      Highway Frontage Commercial Land Available

      Commercial land for sale on high-traffic highway.
      Lot C001 & C026, Riverdale, GA 30274
      View Details
    • $220,000

      Riverdale Townhome with New Features

      Two-bedroom townhome in Riverdale with updated flooring and paint.
      8010 Woodlake Dr, Riverdale, GA 30274
      View Details
    • $1,200,000

      Industrial Property with Fenced Storage

      Industrial property featuring office space and fenced outside storage.
      6435/6439 Church St, Riverdale, GA 30274
      View Details
    • $1,000,000
      2.04 Acres

      High-Traffic Commercial Property in Riverdale

      2.05 acre commercial site with high visibility and accessibility.
      6496 Highway 85, Riverdale, GA 30274
      View Details
    • $475,000
      1.24 Acres

      Prime Commercial Land in Riverdale

      1.237-acre commercial parcel with high visibility and flexible zoning.
      6286 Highway 85, Riverdale, GA 30274
      View Details

    Similar Nearby for Lease

    • $3,465 /Mo
      7,825 SF

      Riverdale Medical/Professional Office Suite

      Lease ready suite near Southern Regional Medical Center.
      253 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • Contact for pricing
      9,033 SF

      Medical Office Space For Rent

      Class A medical office building near Southern Regional Medical Center.
      81 Upper Riverdale Rd, Riverdale, GA 30274
      View Details
    • Contact for pricing
      1,960 SF

      Retail Space Available For Rent

      Retail space available for rent in Riverdale, Georgia.
      7016-7038 Highway 85, Riverdale, GA 30274
      View Details
    • Contact for pricing

      Riverdale Medical Office Sublease Opportunity

      Prime medical office space available for sublease in Riverdale, GA.
      34 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • Contact for pricing

      Restaurant Space Near Atlanta Airport

      Restaurant space available in Riverdale, part of Atlanta metropolitan area.
      7048 Ga-85, Riverdale, GA 30274
      View Details
    • $5,200 /Mo

      Retail Space in Riverdale Plaza

      Retail space for rent in Riverdale, Georgia.
      820 Bethsaida Rd, Riverdale, GA 30274
      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.
    5930 Ga-85
    Riverdale, GA 30274
    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

    Thank You for Inquiry
    5930 Ga-85, Riverdale, GA, 30274
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!