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Property profile & analytics
OFF-MARKET Estimated value $805,000
Warehouses

249 Milton SE Ave Atlanta, GA 30315-2324

7,911 SF 1.04 ac lot Built 1943
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-4596262
Property summary
AI-generated overview

This exceptional 14,395 square foot property, located at 249 Milton Avenue SE in Atlanta, Georgia, presents a compelling investment opportunity. Situated on a 1.4-acre lot in Fulton County (zip code 30315), this mixed-use building offers a blend of executive office and warehouse space, ideal for a variety of businesses. The asking price is $2,900,000, translating to a price per square foot of $201.46. The property boasts a highly attractive 4.50% capitalization rate, making it an attractive prospect for investors seeking strong returns. Its convenient location offers easy access to the BeltLine, enhancing its appeal and potential for growth. The property's classification as both office and industrial space provides significant flexibility for potential tenants or owners. This prime location within an opportunity zone further enhances its investment potential. The building's substantial size and versatile layout provide ample space for various business operations. This is a rare opportunity to acquire a well-positioned, high-yield property in a thriving Atlanta market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1943
Construction WOOD
Total area 7,911 SF
Lot 1.04 ac (45,302 SF)
Zoning code I2
APN 14 005600060032
UPID US22-4596262
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
  • Yellow Cab of Georgia Courier Service
  • Easy Did It Marketing & Advertising Advertising Agency
  • Modern Tech Home Builders Construction Company General Contractor
  • Hersh Import Limited Big Box & Wholesale Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$855k
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k
Owner & transaction history
Abebe Caesar Ventures LLC · 2 yrs held
Abebe Caesar Ventures LLC
since 2024
7 recorded transactions
2024
Price N/A
2013
$1,000
2012
$12,000
2009
Price N/A
2007
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
I2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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