2573 Gresham SE Rd Atlanta, GA 30316
- Outlet malls
- 8,591 SF
- 1.16 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 2573 Gresham SE Rd
- Year built
- 2017
- Lot size
- 1.16 lot acres
- Property size
- 8,591 SF
- Zone code
- C1
- Property type
- Outlet malls
- APN
- 15 116 01 078
- APU
- 1511601078
Description
This 8,591 square foot single-tenant retail property, located at 2573 Gresham Rd SE, Atlanta, GA 30316, is situated on a 1.16-acre lot (50,530 sq ft) and offers 8,330 square feet of vacant space. Built in 2017 and renovated in 2023, this Class B building features upgraded brick construction on all sides and boasts excellent visibility with two access points. The property includes 33 total parking spaces and is conveniently located off Interstate 20, near a bus stop, Walmart, and other shopping centers. The zoning is C-1. High traffic counts, with approximately 14,600+ cars passing daily (data as of 6/12/24), and a dense surrounding demographic of over 118,000 residents within a 5-mile radius (esri census data as of 6/12/24) make this an ideal location for a variety of businesses. A Triple NNN lease option is available. The property's location at the intersection of Gresham Rd SE and Welland Avenue SE provides easy access and high visibility. Annual property taxes are $4.72 per square foot. The building is a single-story structure.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,630,000
- 6.5%
- $1,680,000
- 7%
- $1,685,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,940,000
- Geo Method
- $1,780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,435,000
- Retail
- $1,610,000
- Mixed-Use
- $1,440,000
- Hospitality
- $1,585,000
- Educational
- $1,670,000
- Residential Income
- $1,960,000
- Energy
- $1,615,000
- Income-Based Land
- $1,730,000
- Food Service
- $1,860,000
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.3109
- Latitude
- 33.7127
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
