Property profile

2685 Campbellton Rd SW Atlanta, GA 30311

FOR SALE
Auto shops
Property ID
US22-1551497
1,444 SF 1.18 ac lot Built 1934
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5.68-acre parcel presents a remarkable opportunity for mixed-use development in Atlanta, Georgia. Located at 2685 Campbellton Rd SW, this property boasts 442 feet of frontage on Campbellton Road SW and 292 feet on Dodson Dr SW, offering excellent visibility and accessibility. The site is zoned MRC-2-C (Mixed Residential Commercial Conditional/Campbellton Road Overlay) and has recently undergone rezoning (approved May 1, 2023, under application Z-23-10, City of Atlanta Ordinance 23-0-1161). Approved plans allow for a three-story apartment building with 56 units and over 16,200 square feet of ground-floor retail space. Multiple ingress/egress points are available off both Campbellton Road and Dodson Dr SW, with access at signalized intersections. The property benefits from its location within the Campbellton Road Tax Allocation District (TAD) and the City of Atlanta Commercial Development Incentives District (CDIA), as well as being situated in a HUD Qualified Census Tract (QCT) for LIHTC redevelopment. The land is level and cleared, requiring only limited tree recompense. High traffic counts are a significant advantage, with approximately 8,230 vehicles traveling daily on Campbellton Road SW in front of the property. A MARTA bus stop is conveniently located on-site. The property's APN is 14019900030199. This is a truly unique opportunity to capitalize on Atlanta's thriving real estate market. The asking price is $2,100,000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1934
Construction WOOD
Total area 1,444 SF
Lot 1.18 ac (51,183 SF)
Zoning code C1
APN 14 019900030199
UPID US22-1551497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2685 Campbellton Rd SW Atlanta, GA 30311
Atlanta metro Census 7708 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2020
Last sale
$70,000
6 recorded transactions
2020
$70,000
2015
$100,000
2012
$517,000
2010
$650,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · 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
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