Property profile

234 Hilderbrand Dr Sandy Springs, GA 30328

FOR LEASE
Turn key restaurants
Property ID
US22-0954026
5,860 SF 0.14 ac lot Built 1946
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.55-acre commercial land parcel presents a unique investment opportunity in the thriving Sandy Springs, Georgia market. Located at 234 Hilderbrand Drive, this single-tenant site offers unparalleled access to City Springs, a vibrant hub of arts, entertainment, and retail activity. The property's prime location ensures high visibility and accessibility, making it ideal for a variety of retail developments. The land is available for ground lease or build-to-suit options, providing flexibility for potential developers to tailor the property to their specific needs and vision. With its strategic location adjacent to City Springs and its versatile development potential, this property represents a compelling investment opportunity for those seeking a high-impact presence in a dynamic and rapidly growing area. The property is situated in Fulton County, Georgia, and boasts a convenient address in Sandy Springs, with a zip code of 30328. This location offers easy access to major transportation routes and a dense population base, ensuring a strong potential customer base for any retail development. The 0.55-acre lot provides ample space for a substantial retail building, allowing for significant development potential. This is a rare opportunity to secure a prime commercial property in one of Atlanta's most sought-after locations.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction WOOD
Total area 5,860 SF
Lot 0.14 ac (5,881 SF)
Zoning code C1
APN 17 008900060267
UPID US22-0954026

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
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Location

234 Hilderbrand Dr Sandy Springs, GA 30328
Sandy Springs metro Census 10220 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2018
Price N/A

Zoning & alternative use

C1 · Sandy Springs, 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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