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Property profile & analytics
OFF-MARKET
Retail space
2323 Cascade SW Rd Atlanta, GA 30311-3201
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1360497
Property summary
AI-generated overview
This exceptional 1,200 square foot retail space, located at 2323 Cascade Road in Atlanta, Georgia, presents a unique investment opportunity. Situated on a 0.124-acre lot in the thriving Cascade Heights neighborhood, this property boasts a completely renovated interior with spectacular features. Previously occupied by a CBD, Health & Wellness Boutique, the space is ideally suited for a variety of retail uses. The building, constructed in 1964, benefits from its prime location near award-winning restaurants, attracting a desirable customer base. Further enhancing its appeal are nearby attractions such as golf courses, convenient access to public transportation, and its proximity to the city center. A significant advantage is the inclusion of an outdoor greenspace, perfect for hosting events or creating additional customer engagement opportunities. The asking price is $550,000. The property is located in Fulton County, GA, zip code 30311. This is a must-see property for discerning investors seeking a high-impact retail location in a rapidly growing area.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
WOOD
Total area
1,200 SF
Lot
0.12 ac (5,401 SF)
Zoning code
C1
APN
14 018400010057
UPID
US22-1360497
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Hempire CBD Health and Wellness Boutique Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hempire Boutique Ltd Liability · 5 yrs held
Hempire Boutique Ltd Liability
since 2020
Last sale
$325,000
4 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,019
Tax year 2023
Assessed value
$97,080
Assessed 2023
Previous assessed
$97,080
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$50,560
Assessed improvement
$46,520
Land market value
$126,400
Improvement market value
$116,300
Total market value
$242,700
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
1,200 SF
Lot
0.12 ac (5,401 SF)
Zoning code
C1
APN
14 018400010057
UPID
US22-1360497
Jurisdiction
FULTON
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Hempire Boutique Ltd Liability
Individual
Mailing address
2323 CASCADE RD SW, ATLANTA, GA 30311-3201
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2020
$255,000
Hempire Boutique Ltd Liability
Sheare Investments LLC
Grant Deed
$245,000 · Touchmark Nat'l Bk
Jun 7, 2018
$225,000
Sheare Investments LLC
Rekeep Invs INC
Grant Deed
—
Jan 26, 2015
—
Rekeep Investments INC
Mclendon-jones Ents INC
Quit Claim Deed
related
—
Jan 26, 2015
$150,000
Rekeep Investments INC
Mclendon-jones Ents INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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