1903 Washington Rd East Point, GA 30344-4119
This vacant, 4,000 square foot commercial building in East Point, Georgia, presents a compelling value-add investment opportunity. Located on a half-acre lot at 1903 Washington Rd, this Class C property is priced at $399,000 ($99.75/SF). The C-1 zoning allows for diverse uses, including daycare, medical office, and storefront retail. Its prominent location on Washington Road ensures high visibility and significant foot traffic. The building is ideal for owner-users seeking a versatile space or investors looking to capitalize on the area's growth potential. The property's features include a pylon sign, enhancing visibility and branding opportunities. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Fulton County, with a 30344 zip code. The building's versatility and prime location make it an attractive prospect for a variety of businesses and investors. This is a vacant property ready for immediate occupancy or lease.
The C1 District is intended to provide those convenient shopping goods and services required by the neighboring residences. Land areas zoned C1 are further intended to provide a transition between medium and moderate density dwelling areas and higher density residential areas or nonresidential areas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · East Point, GAThe C1 District is intended to provide those convenient shopping goods and services required by the neighboring residences. Land areas zoned C1 are further intended to provide a transition between medium and moderate density dwelling areas and higher density residential areas or nonresidential areas.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.