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Property profile

1469 Wadley Ave East Point, GA 30344

OFF-MARKET
Retail space
Property ID
US22-0634821
900 SF 0.15 ac lot Built 1992
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 900-square-foot executive office space, located at 1469 Wadley Avenue in East Point, Georgia, presents a rare opportunity for sale or lease. Situated on a 0.154-acre lot, this single-tenant property boasts 12 parking spaces and is zoned R-1. Recently renovated, the building features a fresh interior and exterior paint job. The property's prime corner location in the Jefferson Park neighborhood offers excellent visibility and accessibility. Conveniently located minutes from I-285/75, public transit, Hartsfield-Jackson International Airport, and Tyler Perry Studios, this location benefits from significant daily traffic increases, as evidenced by four years of year-over-year growth in GDOT data. The building is currently configured as three suites, but can be adapted to suit various needs. Existing connections for washer/dryer and an additional sink make it ideal for a range of uses, including but not limited to: music studio, condominiums, salon, professional office, coffee shop, bakery, barber shop, nail salon, massage parlor, dog spa, yoga studio, gym, or boutique. Architectural drawings for several of these uses are available at an additional cost. This property is perfect for entrepreneurs seeking a move-in ready space or those looking to customize their ideal workspace. The property's address is 1469 Wadley Avenue, East Point, GA 30344. APN: 14 013300010232.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction WOOD
Total area 900 SF
Lot 0.15 ac (6,708 SF)
Zoning code R1
APN 14 013300010232
UPID US22-0634821

Cap rate & NOI

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

Location

1469 Wadley Ave East Point, GA 30344-2670
East Point metro Census 11100 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2022
Last sale
$270,000
3 recorded transactions
2022
Price N/A
2022
$215,000
2009
$37,500

Zoning & alternative use

R1 · East Point, GA
Zoning description

The R1 District encompasses lands devoted to low density residential areas and closely related uses or as a use allowed by Administrative Permit or Use Permit and intended to promote single family detached dwelling.

General category RESIDENTIAL

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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