Property summary
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
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Spa & Massage Center
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Alternative Medicine Practice Spa & Massage Center
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Alternative Medicine Practice Spa & Massage Center
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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
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
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Atlanta, GA.
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Find the owner behind the property.
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