Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1620 Piedmont Ave Atlanta, GA 30324

    • Turn key restaurants
    • 3,639 SF
    • 0.29 lot acres
    For Sale
    View listing
    $4,000,000
    Value Estimation
    Last Sale
    Mar 21, 2022
    $1,450,000
    Location Intelligence
    Property ID
    US22-0202641
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Toranj Middle East Kitchen / Restaurant

    Property Details for 1620 Piedmont Ave

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    3,639 SF
    Zone code
    RLC
    Property type
    Turn key restaurants
    APN
    17 005600120268
    APU
    17005600120268

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,300,000
      6.5%
      $1,535,000
      7%
      $1,345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,305,000
      Geo Method
      $1,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,545,000
      Retail
      $1,510,000
      Mixed-Use
      $1,535,000
      Hospitality
      $1,730,000
      Educational
      $1,385,000
      Residential Income
      $1,340,000
      Energy
      $1,710,000
      Income-Based Land
      $1,670,000
      Food Service
      $1,505,000

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3686
    Latitude
    33.7989
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $172,680
    $384,480
    $557,160
    -
    $431,700
    $961,200
    $1,392,900

    Comparable in this City

    • Value Estimation
      $1,070,000
      1,464 SF

      1811 Piedmont NE Ave

      RESTAURANT • 1,464 SF
      1811 Piedmont NE Ave, Atlanta, GA 30324-5214
      View Details
    • Value Estimation by Request
      8,113 SF

      2715 Buford NE Hwy

      RESTAURANT • 8,113 SF
      2715 Buford NE Hwy, Atlanta, GA 30324-3207
      View Details
    • Value Estimation
      $575,000
      13,273 SF

      1789 Cheshire Brg NE Rd

      RESTAURANT • 13,273 SF
      1789 Cheshire Brg NE Rd, Atlanta, GA 30324-4946
      View Details
    • Value Estimation by Request
      5,885 SF

      2440 Piedmont NE Rd

      RESTAURANT • 5,885 SF
      2440 Piedmont NE Rd, Atlanta, GA 30324
      View Details
    • Value Estimation
      $1,465,000
      2,315 SF

      1841 Piedmont NE Ave

      RESTAURANT • 2,315 SF
      1841 Piedmont NE Ave, Atlanta, GA 30324-4838
      View Details
    • Value Estimation
      $645,000
      13,176 SF

      1776 Cheshire Brg NE Rd

      RESTAURANT • 13,176 SF
      1776 Cheshire Brg NE Rd, Atlanta, GA 30324-4922
      View Details

    Similar Nearby for Sale

    • $4,000,000
      3,639 SF

      1620 Piedmont Ave

      Individual retail properties • 3,639 SF
      1620 Piedmont Ave, Atlanta, GA 30324
      View Details
    • $1,750,000

      Piedmont Avenue Freestanding Building

      Freestanding building in shell condition on Piedmont Avenue.
      2087 Piedmont Rd NE, Atlanta, GA 30324
      View Details
    • $7,250,000
      1.00 Acre

      Prime Atlanta Mixed-Use Redevelopment

      1-acre lot, 23,000 SF, vacant, high traffic.
      1747 Cheshire Bridge Rd, Atlanta, GA 30324
      View Details
    • New
      $1,750,000
      0.27 Acres

      Versatile Property in Prime Location

      Flexible space in high-traffic area, ideal for various uses.
      1640 Piedmont Ave, Atlanta, GA 30324
      View Details
    • $1,995,000
      6,726 SF

      Piedmont Road Retail Building

      ±6,726 SF Freestanding Retail Space
      2087 Piedmont Rd, Atlanta, GA 30324
      View Details
    • $599,999
      1,010 SF

      Standalone Office in Buckhead Location

      Standalone office with private offices, open area, and break room.
      1991 Rockledge Rd NE, Atlanta, GA 30324
      View Details

    Similar Nearby for Lease

    • $12,000 /Mo
      22,952 SF

      Versatile Commercial Space on Cheshire Bridge

      Adaptable commercial building suitable for retail, restaurant, or creative uses.
      1858 NE Cheshire Bridge Rd NE, Atlanta, GA 30324
      View Details
    • $20 SF/Yr

      Prime Buckhead Retail Space

      Atlanta Restaurant Opportunity: 981 sq ft
      2628 Piedmont Rd, Atlanta, GA 30324
      View Details
    • $16 SF/Yr
      70,000 SF

      Atlanta Industrial Flex Space

      Versatile Atlanta warehouse space for lease.
      2201-2241 Faulkner Rd, Atlanta, GA 30324
      View Details
    • Contact for pricing

      Retail Space in Uptown Atlanta

      Retail spaces for lease in transit-oriented Uptown Atlanta development.
      508 Main St NE, Atlanta, GA 30324
      View Details
    • Contact for pricing

      Retail Strip Center For Rent

      Retail space in high-traffic strip center with strong demographics.
      2165 Cheshire Bridge Rd, Atlanta, GA 30324
      View Details
    • $23 SF/Yr
      20,850 SF

      Prime Atlanta Retail Space

      Free-standing, 20,850 SF, high visibility.
      1747 Cheshire Bridge Rd, Atlanta, GA 30324
      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.
    1620 Piedmont Ave
    Atlanta, GA 30324
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.