2087 Piedmont Rd Atlanta, GA 30324
- Retail space
- 4,856 SF
- 0.34 lot acres
Current Use by Public Records
- Urgent Dental Care Atlanta / Emergency Dental Service
Property Details for 2087 Piedmont Rd
- Year built
- 1950
- Lot size
- 0.34 lot acres
- Property size
- 4,856 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- 17 004900060316
- APU
- 17004900060316
Description
This exceptional ±6,726 square foot freestanding retail building is situated on a ±0.34-acre lot at 2087 Piedmont Road NE in Atlanta, Georgia (zip code 30324), within the desirable Morningside-Lenox Park neighborhood, near the Cheshire Bridge intersection. The property boasts a main building with approximately 4,008 square feet on the upper level and 2,418 square feet on the terrace level, plus an additional approximately 300 square foot block building at the rear. Currently vacant and in shell condition, this property offers an open floor plan, providing a blank canvas for customization to suit a wide range of commercial uses. The building's design may allow for the addition of a rooftop patio or another level. The property includes a prominent monument sign and ample parking for 20 vehicles. Its location benefits from high visibility, with approximately 44,000 vehicles passing daily, and is directly across from a new 392-unit residential development currently under construction. The property is zoned MRC-2-C, permitting mixed residential and commercial uses. The asking price is $1,995,000, translating to $320 per square foot. The property features one unit across two buildings and two stories. The Fulton County APN is 17 004900060316. This is a unique opportunity to acquire a prime retail space in a thriving Atlanta neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,025,000
- 6.5%
- $1,985,000
- 7%
- $1,855,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,765,000
- Geo Method
- $1,860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,680,000
- Retail
- $1,565,000
- Mixed-Use
- $1,700,000
- Hospitality
- $1,470,000
- Educational
- $1,500,000
- Residential Income
- $1,800,000
- Energy
- $1,695,000
- Income-Based Land
- $1,605,000
- Food Service
- $1,475,000
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3662
- Latitude
- 33.8122
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
