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    2421 Van Fleet Cir Atlanta, GA 30360
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    Property profile & analytics

    2421 Van Fleet Cir, Atlanta, GA 30360

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    • Strip malls
    • 37,717 SF
    • 5.20 lot acres
    Off-Market
    Last Sale Nov 30, 2020
    $10,500,000
    Property ID
    US22-1047635
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,645,000
    Show details
    Cap Rate Potential
    4.8%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Minhwa Spirits / Restaurant

    Property Details for 2421 Van Fleet Cir

    Year built
    1985
    Lot size
    5.20 lot acres
    Zone code
    C1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    18 342 12 002
    APU
    1834212002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 30, 2020 — Downtown Dev Authority Of The Cit Doraville Prop Ptrs LLC Grant Deed · related $43.2M · Truist Bk
    Nov 25, 2020 $10,500,000 Doraville Prop Ptrs LLC Fridays Plaza Property LLC Grant Deed —
    Nov 25, 2020 — Doraville Prop Ptrs LLC Tilly Mill Prop Hldgs LLC Quit Claim Deed · related —
    Jan 28, 2020 — Fridays Plaza Property LLC — Deed · related $3.1M · Centerstate Bk NA
    Jan 11, 2016 — Fridays Plaza Property LLC Fridays Plaza Associates LP Quit Claim Deed · related —
    Jan 11, 2016 $6,500,000 Fridays Plaza Property LLC Fridays Plaza Associates LP Grant Deed · related $6M · Midtown Bk
    — — Fridays Plaza Property LLC — Loan Modification · related $3.1M · Centerstate Bk NA
    — — Doraville Prop Ptrs LLC — Deed Of Trust · related $43.2M · Truist Bk

    Description

    Tilly Mill Crossing, located at 2421 Van Fleet Cir in Doraville, Georgia (zip code 30360), offers a prime retail opportunity in DeKalb County. This multi-tenant commercial property boasts a total of 37,750 square feet, with three available suites ranging from a minimum of 1,919 square feet to a maximum contiguous space of 11,094 square feet. Currently, 14,936 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The property's strategic location offers excellent visibility and accessibility. Its proximity to luxury apartments ensures a built-in customer base and high foot traffic. The property is classified as retail commercial space and is ideal for businesses seeking a well-established location in a thriving area. The address is easily accessible via Van Fleet Circle, providing convenient access for both customers and employees. This is a rare opportunity to secure retail space in a desirable location with excellent potential for growth and profitability. The property's size and layout offer flexibility for a variety of retail concepts. Interested parties should inquire about lease terms and availability.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $10,605,000
      ML approach
      $8,760,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $8,510,000
      6.5%
      $7,855,000
      7%
      $7,295,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $10,265,000
      Current use
      COMMERCIAL (GENERAL)
      $10,600,000
      Change: +3% Conversion: Easy
      MEDICAL BUILDING
      $10,255,000
      Change: -0% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $9,575,000
      Change: -7% Conversion: Difficult
      OFFICE BUILDING
      $8,830,000
      Change: -14% Conversion: Moderate
      RETAIL STORES
      $8,460,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2826
    Latitude
    33.9196
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $66,469
    $800,000
    $400,000
    $1,200,000
    -
    $2,000,000
    $1,000,000
    $3,000,000
    More about this property
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