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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1024 Donald Lee Hollowell NW Pkwy Atlanta, GA 30318-6654

    • Retail space
    • 2,188 SF
    • 0.20 lot acres
    OFF-MARKET
    Last Sale
    Jan 29, 2020
    $279,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0721453
    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

    • RushDent dentistry / Dental Office
    • Lateviha McNatt & Associates, EXIT Realty West Midtown / Real Estate Agency
    • EXIT Realty West Midtown / Real Estate Agency

    Property Details for 1024 Donald Lee Hollowell NW Pkwy

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.20 lot acres
    Property size
    2,188 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    14 011300060173
    APU
    14011300060173

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.421
    Latitude
    33.7729
    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
    $84,080
    $63,520
    $147,600
    -
    $210,200
    $158,800
    $369,000

    Comparable in this City

    • Value Estimation by Request
      2,200 SF

      823 Donald Lee Hollowell NW Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      823 Donald Lee Hollowell NW Pkwy, Atlanta, GA 30318-8401
      View Details
    • Value Estimation
      $1,285,000
      7,596 SF

      914 Howell Ml NW Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,596 SF
      914 Howell Ml NW Rd, Atlanta, GA 30318-0518
      View Details
    • Value Estimation by Request
      3,005 SF

      2 Interlock NW Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,005 SF
      2 Interlock NW Ave, Atlanta, GA 30318-2180
      View Details
    • Value Estimation
      $600,000
      6,045 SF

      644 Joseph E Lowery NW Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,045 SF
      644 Joseph E Lowery NW Blvd, Atlanta, GA 30318-6600
      View Details
    • Value Estimation by Request
      1,050 SF

      1630 Northside NW Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      1630 Northside NW Dr, Atlanta, GA 30318-3202
      View Details
    • Value Estimation by Request
      3,005 SF

      1042 Northside NW Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,005 SF
      1042 Northside NW Dr, Atlanta, GA 30318-5451
      View Details

    Similar Nearby for Sale

    • $12,500,000
      19,996 SF

      Atlanta Westside Retail Gem

      Prime Bar/Storefront, $12.5M
      1151 Chattahoochee Ave, Atlanta, GA 30318
      View Details
    • New
      $475,000
      2,200 SF

      Live/Work Townhouse with Storefront Office

      Luxury townhome with storefront office in historic Riverside.
      2030 Main St NW, Atlanta, GA 30318
      View Details
    • $999,900
      5,600 SF

      Atlanta Commercial Property with Redevelopment Potential

      Two-building commercial property with investment and redevelopment opportunities in Atlanta.
      2667 Donald Lee Hollowell Pkwy, Atlanta, GA 30318
      View Details
    • $999,900
      5,600 SF

      Atlanta Commercial Property with Redevelopment Potential

      Two-building commercial property with retail and automotive spaces on half-acre lot.
      2667 Donald Lee Hollowell Pkwy, Atlanta, GA 30318
      View Details
    • $1,265,000

      West Midtown Retail Condominiums

      Two suites in dynamic West Midtown with Beltline frontage.
      1331 Marietta Blvd NW, Atlanta, GA 30318
      View Details
    • $375,000
      1,136 SF

      Riverside Retail Space For Sale

      Commercial condo in mixed-use building, ideal for retail or office.
      2030 Main St NW, Atlanta, GA 30318
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      2,330 SF

      Defoor Place Executive Office Space

      Prime Upper Westside Office/Retail Opportunity
      1720 De Foor Pl, Atlanta, GA 30318
      View Details
    • Contact for pricing
      4,233 SF

      Westside Provisions District Retail/Office Space

      Mixed-use destination in West Midtown with retail and office spaces.
      1170 Howell Mill Rd NW, Atlanta, GA 30318
      View Details
    • Contact for pricing
      4,535 SF

      Mixed-Use Property in Midtown West

      Office and retail spaces available in a mixed-use development.
      1040 Northside Dr NW, Atlanta, GA 30318
      View Details
    • $4,500 /Mo
      27,530 SF

      Versatile Commercial Space in Atlanta

      Commercial space suitable for office, retail, or restaurant use.
      2346 Bolton Rd, Atlanta, GA 30318
      View Details
    • Contact for pricing
      1,612 SF

      Retail Space in Westside Village

      Located in Atlanta's Upper Westside, a growing submarket.
      2250 Marietta Blvd NW, Atlanta, GA 30318
      View Details
    • Contact for pricing

      Retail Spaces in Grove Park

      Retail and medical/office spaces available in transitioning Grove Park neighborhood.
      2045 Donald Lee Hollowell Pkwy Northwest, Atlanta, GA 30318
      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.
    1024 Donald Lee Hollowell NW Pkwy
    Atlanta, GA 30318-6654
    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

    Google sign-in failed. Please try again or use another login method.