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Property profile & analytics
OFF-MARKET
Hotels

111 Cone NW St Atlanta, GA 30303-2103

104,652 SF 0.23 ac lot Built 1930
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US22-1034799
Property summary
AI-generated overview

This exceptional 1,000 square foot commercial space, located at 111 Cone Street NW, presents a unique opportunity for a single-tenant occupancy. Situated on a 0.232-acre lot, this property is zoned C and features a single building with no on-site parking. The space is ideal for a variety of uses, including office or retail, and offers exciting potential for businesses seeking a high-visibility location. The property's strategic location offers unparalleled access to a thriving market, boasting proximity to Georgia State University's campus (50,000 students and employees) and the Americas Mart Atlanta. Further enhancing its appeal are two new residential developments currently under construction nearby, promising increased foot traffic and a growing customer base. The space also presents unique opportunities for hotel bar, convention catering, and room service, with a convention meeting capacity of up to 125 people. Lease terms are negotiable, and the rental rate is available upon request. This is an exceptional opportunity to establish a presence in a dynamic and rapidly developing area. Inquire today to learn more about this versatile and conveniently located commercial space.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1930
Total area 104,652 SF
Lot 0.23 ac (10,106 SF)
Zoning code SPI1
APN 14 007800120384
UPID US22-1034799
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Innovative Event Concepts Event Planning Wedding Service
  • Holiday Inn Express & Suites Atlanta Downtown, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hie Development LLC · 1 yrs held
Hie Development LLC
since 2025
Last sale
$24.4M
7 recorded transactions
2025
Price N/A
2022
Price N/A
2021
Price N/A
2020
$24.4M
2020
Price N/A
2014
Price N/A
2014
Price N/A
Zoning & alternative use
SPI1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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