Financial
Distress signals
Property profile

2240 Cascade Rd Sw Atlanta, GA 30311

FOR SALE
Retail space
Property ID
US22-1207499
2,580 SF 0.23 ac lot Built 1949
Last sale Dec 2016 · $575,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 2240 Cascade Rd SW in Atlanta, GA 30311, the property consists of two buildings: a 2,270-square-foot package store and a separate 1,270-square-foot building that is suitable for office or retail use. The site is set on a 10,193-square-foot lot with ample on-site parking, supporting customer and staff access for the existing and potential uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$141k
Assessed land$111k
Assessed improvement$30k
Effective rate4.14%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$480k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 2.33% cap applied$35k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$65 – $179
Qualifying comparables10

Cap rate analysis

How does the asset earn?
2.33%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionFULTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.3
Law Firm15.7
Building Supply13.6

Location

2240 Cascade Rd Sw Atlanta, GA 30311
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2065 Campbellton SW, Atlanta, GA 30311-4803 $510,000 Apr 2024 2,868 SF
Centra Villa SW, Atlanta, GA 30311 $500,000 Dec 2022 2,400 SF
1801 Delowe SW, Atlanta, GA 30311-4751 $1,651,000 Jul 2021 3,000 SF
37 Lynhurst SW, Atlanta, GA 30311-1910 $370,000 Nov 2020 2,526 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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