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    Property profile & analytics

    1367 Hwy 138th SW Riverdale, GA 30296-1403

    • Investment properties
    • 2,546 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Jan 07, 2025
    $345,397
    Location Intelligence
    Property ID
    US22-1574327
    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

    • Global Business Directory / Business Center

    Property Details for 1367 Hwy 138th SW

    Year built
    1960
    Construction
    BRICK
    Lot size
    1.27 lot acres
    Property size
    2,546 SF
    Zone code
    GB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    13-185C- B-008
    APU
    13185CB008

    Description

    This exceptional commercial property presents a unique investment opportunity in Riverdale, Georgia. Situated on a prominent corner lot totaling 1.27 acres, this offering includes three individual lots and two existing buildings, providing significant flexibility for a variety of commercial uses. The property's strategic location on Highway 138 ensures high visibility and accessibility, making it ideal for businesses seeking maximum exposure. The C-3 zoning allows for a wide range of commercial activities, enhancing the property's versatility and potential. The seller is open to exploring both lease and lease-purchase options, offering considerable adaptability to suit diverse financial strategies. This presents a rare chance to acquire a substantial commercial property in a thriving location with the potential for immediate income generation or long-term development. The ample space and strategic positioning make this an attractive proposition for entrepreneurs and investors alike. The property's size and zoning provide a solid foundation for a variety of business ventures, from retail to service-based operations. The flexibility offered by the seller's willingness to consider lease or lease-purchase agreements further enhances the appeal of this exceptional opportunity. Don't miss this chance to secure a prime commercial property in a high-demand area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $355,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $380,000
      Mixed-Use
      $360,000
      Hospitality
      $335,000
      Educational
      $390,000
      Residential Income
      $315,000
      Energy
      $370,000
      Income-Based Land
      $310,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4346
    Latitude
    33.5512
    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
    2024
    $8,225
    $66,600
    $41,600
    $108,200
    -
    $166,500
    $104,000
    $270,500

    Comparable in this City

    • Value Estimation by Request
      792 SF

      842 Scott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 792 SF
      842 Scott Rd, Riverdale, GA 30296-1554
      View Details
    • Value Estimation
      $255,000
      2,296 SF

      1225 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 2,296 SF
      1225 Hwy 138th SW, Riverdale, GA 30296-1437
      View Details
    • Value Estimation
      $210,000
      1,374 SF

      1030 Scott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,374 SF
      1030 Scott Rd, Riverdale, GA 30296-1558
      View Details
    • Value Estimation by Request
      1,134 SF

      7376 Mcelroy Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,134 SF
      7376 Mcelroy Dr, Riverdale, GA 30296-1544
      View Details
    • Value Estimation by Request
      1,508 SF

      1321 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,508 SF
      1321 Hwy 138th SW, Riverdale, GA 30296-1403
      View Details
    • Value Estimation by Request
      1,247 SF

      1117 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,247 SF
      1117 Hwy 138th SW, Riverdale, GA 30296-1507
      View Details

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    Riverdale, GA 30296-1403
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    Realmo Value Estimation

    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.

    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.

    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
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