Property summary
This exceptional 4,000 square foot office building presents a rare investment opportunity on Atlanta's coveted Piedmont Avenue corridor. Situated on a 0.279-acre lot (APN 17-0051-0001-047-2) in Fulton County's Commercial Service District (C-2), this property boasts 16 parking spaces and 48 feet of frontage along Piedmont Avenue. A conceptual plan outlines a two-tenant building, maximizing space and functionality. The property's acceptance into Georgia EPD's Brownfield Program ensures a swift and cost-effective remediation process (estimated at +/- 3 months), eliminating environmental concerns and offering significant property tax credit benefits. This prime location benefits from high visibility, strong retail surroundings, and exceptional accessibility, with approximately 23,000 vehicles passing daily on I-85 nearby. The surrounding 1-mile radius demonstrates a robust demographic profile, featuring a median household income of $95,000 and a 35% growth rate since 2010. This build-to-suit or site acquisition opportunity is ideal for investors seeking a high-return property in a thriving Atlanta location. The asking price is $995,000. The property is zoned for multi-tenant occupancy and is classified as both Executive and Traditional Office space.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Atlanta, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C2 in Atlanta, GA.
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