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    18 E Andrews Dr NW Atlanta, GA 30305
    Property profile & analytics

    18 E Andrews Dr NW, Atlanta, GA 30305

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    • Storefront properties
    Off-Market
    Property ID
    US22-4479676
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Holt Interiors / Interior Design / Home Decor Store
    • Noah J. & Co. / Home Decor Store / Department Store

    Property Details for 18 E Andrews Dr NW

    Property type
    Storefront properties
    Property subtype
    Commercial real estate

    Description

    The subject offering of the three buildings on the corner of Roswell Road and East Andrews Drive provides a generational opportunity to purchase three street retail buildings in Buckhead Village. The offering includes a total of ± 5,250 SF across the three buildings and two billboards on a ± 0.3-acre parcel. The property, located at a signalized intersection, has among the best visibility and traffic counts in Buckhead Village. Additionally, with its rolled curbs, it has unmatched access and controls 15 on-site parking spaces. Buckhead Village, frequently referred to as the Rodeo Drive of the South, contains some of the highest concentrations of upscale retail and restaurants in the southeast. The king of all Atlanta condos, the St. Regis Residences, is just a few blocks away, and it has been joined in recent years by a slew of new million-dollar-plus condo developments nearby. From upscale retail such as Hermes and Christian Louboutin to local restaurant favorites Gypsy Kitchen and Southern Gentlemen, Buckhead Village is the luxury location of Atlanta.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.3942422
    Latitude
    33.8406314

    Comparable in this City

    • $6,500,000

      Buckhead Village Retail Buildings

      Three retail buildings in Buckhead Village with high visibility.
      3236 East Andrews Dr NW, Atlanta, GA 30305
      View Details
    • $6,500,000

      Buckhead Village Retail Buildings

      Three retail buildings in Buckhead Village with high visibility.
      3236 East Andrews Dr NW, Atlanta, GA 30305
      View Details
    • $4,500,000
      0.24 Acres

      Buckhead Retail Opportunity For Sale

      Premier retail property in Atlanta's coveted Buckhead Village.
      327 Buckhead Ave NE, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Land Development Opportunity

      Prime redevelopment site in Buckhead with mixed-use zoning.
      3005 Lookout Pl Northeast, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Redevelopment Opportunity

      Prime site with mixed-use zoning and excellent views.
      2995 Lookout Pl Northeast, Atlanta, GA 30305
      View Details
    • $4,500,000
      2,480 SF

      Buckhead Village Retail Opportunity

      Premier retail property in Atlanta's coveted Buckhead Village.
      327 Buckhead Ave NE, Atlanta, GA 30305
      View Details

    Similar Nearby for Sale

    • $6,500,000

      Buckhead Village Retail Buildings

      Three retail buildings in Buckhead Village with high visibility.
      3236 East Andrews Dr NW, Atlanta, GA 30305
      View Details
    • $6,500,000

      Buckhead Village Retail Buildings

      Three retail buildings in Buckhead Village with high visibility.
      3236 East Andrews Dr NW, Atlanta, GA 30305
      View Details
    • $4,500,000
      0.24 Acres

      Buckhead Retail Opportunity For Sale

      Premier retail property in Atlanta's coveted Buckhead Village.
      327 Buckhead Ave NE, Atlanta, GA 30305
      View Details
    • $4,500,000
      2,480 SF

      Buckhead Village Retail Opportunity

      Premier retail property in Atlanta's coveted Buckhead Village.
      327 Buckhead Ave NE, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Land Development Opportunity

      Prime redevelopment site in Buckhead with mixed-use zoning.
      3005 Lookout Pl Northeast, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Redevelopment Opportunity

      Prime site with mixed-use zoning and excellent views.
      2995 Lookout Pl Northeast, Atlanta, GA 30305
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Buckhead Mixed-Use Commercial Space

      Premier office and retail space in the heart of Buckhead.
      3280 Peachtree Rd NE, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Prime Retail Space in Atlanta

      Anchor space available in busy shopping center near Lenox Square.
      3495 Buckhead Loop Northeast, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Retail Space For Lease

      Retail spaces available in premier Buckhead shopping destination.
      2900 Peachtree Rd NW, Atlanta, GA 30305
      View Details
    • Contact for pricing
      19,820 SF

      Established Shopping Center Retail Space

      Retail space available in a well-established shopping center.
      3221 Peachtree Rd, Atlanta, GA 30305
      View Details
    • Contact for pricing
      1,602 SF

      Retail Space in Premier Location

      Retail space available in the heart of Buckhead.
      3280 Peachtree Rd NE, Atlanta, GA 30305
      View Details
    • Contact for pricing

      Buckhead Retail/Office Space Available

      High-profile property in Buckhead Business District with premier signage.
      3242 Peachtree Rd NE, Atlanta, GA 30305
      View Details
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    18 E Andrews Dr NW
    Atlanta, GA 30305
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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