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Financial
Distress signals
Property profile

489 Edgewood Ave SE Atlanta, GA 30312

FOR SALE
Commercial real estate
Property ID
US22-1126406
3,750 SF 0.05 ac lot Built 1930
Last sale Nov 2024 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,375-square-foot, two-story building at 489 Edgewood Ave SE in Atlanta, Georgia, presents a unique investment opportunity. Situated on a 0.146-acre lot, this property boasts a prime location in one of Atlanta's most vibrant restaurant and nightlife districts. The building offers fully built-out office space, adaptable for retail, medical, or service users. The fully paved corner lot provides ample off-street parking and potential for additional development or a pocket green…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$271k
Assessed land$111k
Assessed improvement$160k

Value estimate

· Oct 2026
$2.00M
$1.80M – $2.20M
AI approach$2.00M
Submarket $/SF estimate$1.37M

Realmo valuation models over county records and 33 qualifying comparable sales.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 507 recorded sales of this use type
Observed band · Q1–Q3$94 – $628
Qualifying comparables33

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
JurisdictionFULTON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.3
Watch Repair Shop8.9
Shoe Repair7.8

Location

489 Edgewood Ave SE Atlanta, GA 30312
County assessor Recorded deeds · 9 transfers 33 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
487 Edgewood SE, Atlanta, GA 30312-1836 $1,675,000 Sep 2024 3,750 SF
481 Martin SE, Atlanta, GA 30312-2925 $1,610,000 Nov 2023 4,010 SF
274 Decatur SE, Atlanta, GA 30312 $2,100,000 Aug 2021 4,410 SF
229 Grant SE, Atlanta, GA 30312 $524,745 Nov 2020 2,271 SF
488 Edgewood NE, Atlanta, GA 30312-1837 $1,373,200 Jun 2020 3,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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