Property profile

1246 Virginia NE Ave Atlanta, GA 30306

OFF-MARKET
Retail space
Property ID
US22-0971599
3,510 SF 0.12 ac lot Built 1940
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD FRAME
Total area 3,510 SF
Lot 0.12 ac (5,358 SF)
Zoning code R100
APN 18 001 13 053
UPID US22-0971599

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency

Location

1246 Virginia NE Ave Atlanta, GA 30306-4802
Atlanta metro Census 20200 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
$630k
Comparable Approach Comparable
$893k
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
3 recorded transactions
2024
Price N/A
2023
$700,000
2017
$574,900

Zoning & alternative use

R100 · Atlanta, GA
Top alternative use upside
Commercial (general) $985,000 +25.3%
Neighborhood: shopping center $955,000 +21.3%
Medical building $955,000 +21.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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