Property profile

1562 Forrest Ave East Point, GA 30344

OFF-MARKET
Warehouses
Property ID
US22-4703839
32,978 SF 2.03 ac lot Built 1930
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Construction WOOD
Total area 32,978 SF
Lot 2.03 ac (88,253 SF)
Zoning code CR
APN 14 0156 LL0343
UPID US22-4703839

Cap rate & NOI

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

Location

1562 Forrest Ave East Point, GA 30344
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.35M
Blend (final) Blend
$520k

Owner & transaction history

since 2022
7 recorded transactions
2022
$900,000
2022
Price N/A
2013
Price N/A
2013
$225,000
2004
$175,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CR · East Point, GA
Zoning description

The CR District is intended to facilitate and encourage innovative, functional, aesthetically pleasing and creative design and development of the most compatible and desirable mixed-use pattern of retail, commercial serv…

General category MIXED_USE

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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