420 Chapel St Atlanta, GA 30313
- Commercial real estate
- 0.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 420 Chapel St
- Lot size
- 0.57 lot acres
- Zone code
- MRC3
- Property type
- Commercial real estate
- APN
- 14 008400071092
- APU
- 14008400071092
Description
This exceptional 24,394 square foot commercial land parcel presents a unique investment opportunity in the heart of Atlanta, Georgia. Located at 420 Chapel Street SW, 30313, this single-tenant property boasts a highly desirable corner lot position. Its strategic location offers unparalleled access to the burgeoning Centennial Yards development, a massive 50-acre mixed-use project encompassing 12 million square feet of office, retail, residential, and hospitality space. This $5 billion undertaking promises significant future growth and increased property value in the surrounding area. The property's size and prime location make it ideal for a variety of commercial ventures, capitalizing on the immense potential of this rapidly transforming Atlanta neighborhood. The address is easily accessible via major transportation routes, ensuring convenient access for both employees and customers. This is a rare chance to acquire a substantial land holding in a rapidly appreciating area, poised for substantial future returns. The property's single-tenant status offers simplicity and straightforward management. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $760,000
- 6.5%
- $735,000
- 7%
- $815,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $900,000
- Geo Method
- $810,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $830,000
- Retail
- $895,000
- Mixed-Use
- $820,000
- Hospitality
- $795,000
- Educational
- $840,000
- Residential Income
- $910,000
- Energy
- $680,000
- Income-Based Land
- $790,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4013
- Latitude
- 33.7518
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA