Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    235 Ponce De Leon Ave Decatur, GA 30030
    Back to Search
    Property profile & analytics

    235 Ponce De Leon Ave, Decatur, GA 30030

    View on Map
    • Office Spaces
    • 7,456 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hooks Unlimited, Inc. / Radio Station / Telecommunications Service
    • Medical Manager Software Tech / (Bike/Boat/Book/etc) Store / Corporate Office
    • Agape Transformation Practice / Aromatherapy Service / Family Counselor
    • Life Span Services / Financial Advisor
    • Business Atlanta / Telecommunications Service / Data Center

    Property Details for 235 Ponce De Leon Ave

    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional multi-tenant office building at 235 E. Ponce de Leon Ave, Decatur, GA 30030, offers 7,456 square feet of immediately available space. The property is ideally situated in the heart of downtown Decatur's vibrant business district, providing easy access to a wide array of restaurants, retail shops, mixed-use developments, and hotels. The building boasts excellent visibility and frontage on both Sycamore Street and E. Ponce de Leon Avenue, often referred to as Decatur's "Peachtree Street." With ample on-site parking and proximity (less than a quarter mile) to the Decatur MARTA rail station, commuting is a breeze. The space is divisible, with a minimum leasable area of 358 square feet and a maximum contiguous space of 1,982 square feet, catering to various business needs. The building is suitable for executive offices, traditional offices, and medical offices. Located in DeKalb County, this property presents a unique opportunity to establish a presence in a thriving and convenient downtown location. The entire 7,456 square feet is currently vacant and ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.2933
    Latitude
    33.7753

    Comparable in this City

    • Value Estimation
      $4,180,000
      20,009 SF

      1457 Scott Blvd

      MEDICAL BUILDING
      1457 Scott Blvd, Decatur, GA 30030-1425
      View Details
    • Value Estimation
      $1,215,000
      4,905 SF

      1428 Scott Blvd

      MEDICAL BUILDING
      1428 Scott Blvd, Decatur, GA 30030-1424
      View Details
    • Value Estimation
      $675,000
      1,889 SF

      820 Church St

      MEDICAL BUILDING
      820 Church St, Decatur, GA 30030-1869
      View Details
    • Value Estimation
      $1,405,000
      11,607 SF

      315 Winn Way

      MEDICAL BUILDING
      315 Winn Way, Decatur, GA 30030-2111
      View Details
    • Value Estimation
      $3,075,000
      27,926 SF

      455 Winn Way

      MEDICAL BUILDING
      455 Winn Way, Decatur, GA 30030-1707
      View Details
    • Value Estimation
      $1,020,000
      7,910 SF

      1452 Church St

      MEDICAL BUILDING
      1452 Church St, Decatur, GA 30030-1526
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Decatur Commercial Property Near Hospital

      Prime commercial property suitable for medical or dental practice.
      1026 Sycamore Dr, Decatur, GA 30030
      View Details
    • $1,100,000
      3,831 SF

      Decatur Commercial Property For Sale

      Prime commercial property near Downtown Decatur with versatile business opportunities.
      1026 Sycamore Dr, Decatur, GA 30030
      View Details
    • $699,900
      1,646 SF

      Decatur Office with High Visibility

      Office property in a thriving, transit-accessible market near Downtown Decatur.
      1393 Church St, Decatur, GA 30030
      View Details
    • $450,000
      1,160 SF

      Decatur Office/Residential Opportunity

      Upgraded property near downtown Decatur, suitable for office or residential.
      1387 Church St, Decatur, GA 30030
      View Details
    • $1,499,000
      1,600 SF

      Restored Sinclair Gas Station

      Iconic, renovated gas station in Oakhurst, Decatur. Versatile commercial space.
      715 East Lake Dr, Decatur, GA 30030
      View Details
    • Contact for pricing
      1,646 SF

      Decatur Office Building For Sale

      Office property in a thriving, transit-accessible market near Downtown Decatur.
      1393 Church St, Decatur, GA 30030
      View Details

    Similar Nearby for Lease

    • $20,479
      48,787 SF

      Decatur Freestanding Two-Story Building

      Freestanding two-story building in Decatur available for long-term lease.
      1434 Scott Blvd, Decatur, GA 30030
      View Details
    • Contact for pricing
      3,400 SF

      Decatur Free Standing Building ForRent

      Single-tenant building suitable for office, medical office, or retail use.
      613 Church St, Decatur, GA 30030
      View Details
    • Contact for pricing

      Decatur Office Space for Rent

      Office space with access to Decatur's amenities and public transit.
      119 E Court Sq, Decatur, GA 30030
      View Details
    • Contact for pricing

      Mixed-Use Development in Downtown Decatur

      Mixed-use property with residential, office, and retail spaces for rent.
      120 W Trinity Pl, Decatur, GA 30030
      View Details
    • $31 SF/Yr

      Class A Office Building in Decatur

      Six-story Class A office building with high-end amenities in Decatur.
      160 Clairemont Ave, Decatur, GA 30030
      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.
    235 Ponce De Leon Ave
    Decatur, GA 30030
    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
    235 Ponce De Leon Ave, Decatur, GA, 30030
    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!