Property profile

1916 Piedmont NE Rd Atlanta, GA 30324

OFF-MARKET
Retail space
Property ID
US22-4407799
2,800 SF 0.31 ac lot Built 1963
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,800-square-foot freestanding building is located at 1916 Piedmont Road NE in Atlanta, Georgia, 30324. Built in 1970 and extensively renovated in 2023, this Class C property sits on a 0.31-acre lot and offers 19 parking spaces. Currently occupied by a tenant with a lease extending to April 2027, this presents a unique investment opportunity. The property boasts high visibility directly on Piedmont Road, a highly sought-after retail corridor with significant daily traffic (approximately 23,000 vehicles per day within a one-mile radius). The MRC-2-C zoning allows for diverse uses and potential redevelopment to increase density. The building's versatile layout is easily adaptable to multiple uses, making it ideal for a variety of businesses. The strong demographics in the one-mile radius, with a median household income exceeding $95,000 and 35% growth since 2010, further enhance its investment appeal. The property's parcel numbers are 17-0050-0004-085-0 and 17-0050-0004-085. This is a rare opportunity to acquire a freestanding building in a prime Atlanta location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction WOOD
Total area 2,800 SF
Lot 0.31 ac (13,373 SF)
Zoning code C2
APN 17 005000040850
UPID US22-4407799

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
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

1916 Piedmont NE Rd Atlanta, GA 30324-4117
Atlanta metro Census 9202 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.32M

Owner & transaction history

since 2022
Last sale
$1.7M
3 recorded transactions
2022
$1.7M
2021
Price N/A
2012
$850,000

Zoning & alternative use

C2 · Atlanta, GA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1916 Piedmont NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message