Technical
Financial
Distress signals
Property profile

1705 Washington Rd East Point, GA 30344

OFF-MARKET
Retail space
Property ID
US22-4726851
3,558 SF 0.1 ac lot Built 1940
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,850-square-foot retail or office space is situated in a rapidly growing East Point community, offering a prime location just two blocks from Main Street and the MARTA station. The property is part of a larger building totaling 3,700 square feet, with a single-tenant occupancy. The space features a flexible shell layout, ready for immediate customization to suit a variety of businesses. The building underwent renovations in 2023, ensuring modern amenities. Ample parking is available with 40+ spaces located behind the building, providing convenient access for both employees and customers. The property is zoned CR in Fulton County, within the Tri-Cities submarket and East Point cluster. While most office and retail uses are permitted, zoning restrictions prohibit pawn shops, churches, and daycare centers. This location presents a unique opportunity for businesses seeking to benefit from the advantages of an Opportunity Zone, potentially qualifying tenants for employment tax credits. The single-story building offers easy accessibility and a functional layout. This is an exceptional opportunity to establish a business in a thriving area with excellent transportation links and ample parking.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD
Total area 3,558 SF
Lot 0.1 ac (4,530 SF)
Zoning code CR
APN 14 015700120412
UPID US22-4726851

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
  • Church
  • (Bike/Boat/Book/etc) Store

Location

1705 Washington Rd East Point, GA 30344-4115
East Point metro Census 11202 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2020
Last sale
$400,000
3 recorded transactions
2020
Price N/A
2020
$400,000
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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