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

    1166 Euclid NE Ave Atlanta, GA 30307-1939

    • Commercial real estate
    • 3,675 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1014512
    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

    • Hydropops Smoke Shop / (Bike/Boat/Book/etc) Store

    Property Details for 1166 Euclid NE Ave

    Year built
    1945
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    3,675 SF
    Zone code
    C1
    Property type
    Commercial real estate
    APN
    14 001500070726
    APU
    14001500070726

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $745,000
      6.5%
      $685,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $538,000
      Market price range: $254k - $682k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,035,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,000,000
      Change: -3% Conversion: Difficult
      MEDICAL BUILDING
      $1,000,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $935,000
      Change: -10% Conversion: Difficult
      OFFICE BUILDING
      $860,000
      Change: -17% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3496
    Latitude
    33.7655
    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
    $10,814
    $99,080
    $144,480
    $243,560
    -
    $247,700
    $361,200
    $608,900

    Comparable in this City

    • Value Estimation by Request
      3,577 SF

      313 Mell NE Ave

      COMMERCIAL (GENERAL) • 3,577 SF
      313 Mell NE Ave, Atlanta, GA 30307
      View Details
    • Value Estimation by Request
      1,515 SF

      280 Arizona NE Ave

      COMMERCIAL (GENERAL) • 1,515 SF
      280 Arizona NE Ave, Atlanta, GA 30307-2200
      View Details
    • Value Estimation
      $10,520,000
      20,481 SF

      245 Highland NE Ave

      COMMERCIAL CONDOMINUIM • 20,481 SF
      245 Highland NE Ave, Atlanta, GA 30307-1936
      View Details
    • Value Estimation
      $1,380,000
      5,801 SF

      299 Highland NE Ave

      COMMERCIAL CONDOMINUIM • 5,801 SF
      299 Highland NE Ave, Atlanta, GA 30307-5634
      View Details
    • Value Estimation by Request
      1,400 SF

      1168 Euclid NE Ave

      COMMERCIAL (GENERAL) • 1,400 SF
      1168 Euclid NE Ave, Atlanta, GA 30307-1939
      View Details
    • Value Estimation by Request
      3,200 SF

      1150 Euclid NE Ave

      COMMERCIAL (GENERAL) • 3,200 SF
      1150 Euclid NE Ave, Atlanta, GA 30307-1939
      View Details

    Similar Nearby for Sale

    • $299,900

      Edgewood Loft with Modern Luxury

      Well-maintained loft in vibrant Edgewood, near Beltline and MARTA.
      1221 Caroline St NE, Atlanta, GA 30307
      View Details
    • $400,000
      1,354 SF

      Contemporary Atlanta Loft with Courtyard

      Two-story loft with modern amenities and social areas.
      195 Arizona Ave NE, Atlanta, GA 30307
      View Details
    • Contact for pricing

      Decatur Road Specialty Property

      Specialty property available for sale in Atlanta, Georgia.
      1707 N Decatur Rd, Atlanta, GA 30307
      View Details
    • $550,000
      1,508 SF

      Spacious Loft with Skyline Views

      Top-floor loft near Pullman Yard with luxurious amenities and skyline views.
      130 Arizona Ave NE, Atlanta, GA 30307
      View Details
    • $1,100,000
      0.87 Acres

      Druid Hills Land Opportunity

      Three contiguous lots available in historic Druid Hills.
      519 Durand Dr NE, Atlanta, GA 30307
      View Details
    • $949,000
      0.21 Acres

      Candler Park Duplex Investment Opportunity

      Rare duplex near Little Five Points, ideal for investors.
      1225 Euclid Ave NE, Atlanta, GA 30307
      View Details

    Similar Nearby for Lease

    • $2,900 /Mo
      800 SF

      Furnished Inman Park Apartment Rental

      Furnished one-bedroom apartment near Beltline, utilities included.
      245 N Highland Ave NE, Atlanta, GA 30307
      View Details
    • Contact for pricing
      39,263 SF

      Inman Park Restaurant Space

      Atlanta BeltLine Retail Opportunity
      299 Highland Ave, Atlanta, GA 30307
      View Details
    • $6,500 /Mo

      Inman Park Restaurant & Bar

      Elevated restaurant and bar space with large patio in Inman Park.
      309 N Highland Ave NE, Atlanta, GA 30307
      View Details
    • $18 SF/Yr
      14,000 SF

      1530 DeKalb Avenue

      Office space • 14,000 SF
      1530 Dekalb Ave, Atlanta, GA 30307
      View Details
    • $2,750 /Mo

      Furnished Inman Park Garden Apartment

      Renovated, fully furnished 1-bedroom apartment in vibrant Inman Park.
      201 Hurt St NE, Atlanta, GA 30307
      View Details
    • $2,900 /Mo
      800 SF

      Inman Park Furnished Condo Rental

      Furnished one-bedroom condo near Beltline Eastside trail, utilities included.
      245 N Highland Ave NE, Atlanta, GA 30307
      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.
    1166 Euclid NE Ave
    Atlanta, GA 30307-1939
    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.