Property profile

249 Milton SE Ave Atlanta, GA 30315

OFF-MARKET
Warehouses
Property ID
US22-4596262
7,911 SF 1.04 ac lot Built 1943
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Courier Service
  • Marketing & Advertising Advertising Agency
  • Construction Company General Contractor
  • Big Box & Wholesale Store Discount Store

Location

249 Milton SE Ave Atlanta, GA 30315-2324
Atlanta metro Census 5504 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$855k
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 249 Milton SE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message