2001 Martin Luther King Jr NW Dr Atlanta, GA 30310-1110
- Office buildings
- 84,604 SF
- 2.15 lot acres
Apr 17, 2024
Current Use by Public Records
- Office buildings
Property Details for 2001 Martin Luther King Jr NW Dr
- Year built
- 1974
- Lot size
- 2.15 lot acres
- Property size
- 84,604 SF
- Zone code
- C1C
- Property type
- Office buildings
- APN
- 14 0173 LL0060
- APU
- 140173LL0060
Description
This exceptional 81,713 square foot Class B office building, located at 2001 Martin Luther King Jr Drive in Atlanta, Georgia, presents a compelling owner/user investment opportunity. Built in 1972, the property sits on a 3.25-acre lot and offers significant upside potential. Currently priced at $4,700,000 ($57.52/sq ft), this asking price is notably below replacement cost. The building's executive office space is ideally situated near the vibrant downtown Atlanta business district, the Atlanta BeltLine, Atlantic Station, and the rapidly developing West Midtown area, providing excellent access to amenities and a strong workforce. Short-term leases currently in place offer an immediate owner/user opportunity to occupy a substantial portion of the building, while below-market rents present a clear path to increased profitability. This property represents a rare chance to acquire a well-located, sizable office building with considerable potential for value appreciation. The Fulton County location and 30310 zip code offer convenient access to major transportation arteries and a diverse range of businesses. The substantial square footage and ample land provide flexibility for future expansion or redevelopment. This is a prime opportunity for a discerning investor seeking a strong return on investment in a thriving Atlanta market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4506
- Latitude
- 33.7505
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA