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    1195 Ralph David Abernathy SW Blvd Atlanta, GA 30310-1757
    Property profile & analytics

    1195 Ralph David Abernathy SW Blvd Atlanta, GA 30310-1757


    • Office buildings
    • 3,285 SF
    • 0.42 lot acres
    Off-Market
    Last Sale Oct 6, 2024
    $715,000
    Property ID
    US22-1697864
    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.

    Value Estimations
    $730,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • West End Animal Wellness Center / Veterinary Clinic

    Property Details for 1195 Ralph David Abernathy SW Blvd

    Year built
    1964
    Lot size
    0.42 lot acres
    Property size
    3,285 SF
    Zone code
    RLC
    Property type
    Office buildings
    APN
    14 011700051012
    APU
    14011700051012

    Description

    This 3,300 sq ft, fully renovated (2021) Class B medical office building in Atlanta, GA is available for $800,000. Located at 1195 Ralph David Abernathy Blvd SW, this single-tenant property boasts a 100% occupancy rate with a stable, long-term tenant under a NNN lease with 2.1 years remaining (5-year lease, commencing December 10, 2021, expiring December 10, 2026, with four lease options). The property features 15 parking spaces, a security gate, and a new roof (installed 2018). The interior includes four exam rooms, a management office, a doctor's office, a state-of-the-art treatment area with X-ray facilities, a surgery suite, an isolation room with separate airflow, an employee lounge, and a kennel room. The building sits on an 18,295 sq ft lot, zoned R-LC. The property offers a 7.50% cap rate and a net operating income (NOI) of $60,000. This is a stabilized investment opportunity with significant potential for long-term growth. The property's prime location in Atlanta's West End district provides unparalleled accessibility and visibility.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $780,000
      6.5%
      $720,000
      7%
      $670,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $776,000
      Market price range: $387k - $1.33M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $770,000
      Current use
      COMMERCIAL (GENERAL)
      $925,000
      Change: +20% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $895,000
      Change: +16% Conversion: Difficult
      MEDICAL BUILDING
      $895,000
      Change: +16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $835,000
      Change: +8% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.427
    Latitude
    33.7389
    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
    $99,000
    $960
    $99,960
    -
    $247,500
    $2,400
    $249,900
    More about this property
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