1615 Memorial Dr SE Atlanta, GA 30317
Property profile & analytics
1615 Memorial Dr SE Atlanta, GA 30317
- Turn key restaurants
- 1,120 SF
- 0.01 lot acres
Property ID
US22-0743019
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.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 1615 Memorial Dr SE
- Year built
- 1969
- Construction
- WOOD FRAME
- Lot size
- 0.01 lot acres
- Property size
- 1,120 SF
- Zone code
- C1
- Property type
- Turn key restaurants
- APN
- 15 178 04 015
- APU
- 1517804015
Description
This 1,120-square-foot vacant commercial property, located at 1615 Memorial Dr SE in Atlanta, GA 30317, presents a compelling owner-user or value-add investment opportunity. The property, built in 1969, is situated on a 0.17-acre lot and features a single-story building with seven parking spaces. Its zoning is commercial, and it benefits from high traffic counts: 19,928 vehicles per day on Memorial Drive and 162,100 vehicles per day on I-20. The property is a former restaurant, making it ideal for a quick-service restaurant (QSR), restaurant, or storefront operation. The lease type is NNN, and the property has one ingress/egress point. This location near downtown Atlanta offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's needs. This is a rare opportunity to acquire a well-located commercial property in a high-traffic area of Atlanta. The property is suitable for redevelopment or repurposing, presenting a significant value-add potential for the right investor.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.3345
- Latitude
- 33.7472
- 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
$78
$0.00
$7,800
$7,800
-
$0.00
$19,500
$19,500
