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Property profile & analytics
OFF-MARKET Estimated value $5,320,000
Community centers

286 Hwy 138th SW Riverdale, GA 30274-4010

49,812 SF 7.24 ac lot Built 1990
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US22-1683121
Property summary
AI-generated overview

Riverdale Place, a Class A, single-story, 83,340 square foot commercial building in Fayette County, offers a unique investment opportunity. Built in 1990, this property sits on a 7.24-acre lot and boasts 441 parking spaces, ensuring ample convenience for tenants and visitors. The building is zoned CB Commercial, allowing for a variety of uses. Currently, the space is configured as a multi-tenant building with a mix of office types including traditional, executive, coworking, medical, and creative office spaces. One immediately available space of 1,800 square feet is currently listed for lease. The property's strategic highway location ensures high visibility and excellent traffic flow. Existing tenants include a Dollar General and a sports bar, demonstrating the property's appeal to a diverse range of businesses. The building's location within a 5-mile radius of over 160,000 residents provides a substantial and readily accessible customer base. This property presents a compelling opportunity for investors seeking a well-located, versatile commercial space with significant potential for growth and strong tenant occupancy. The property's size and amenities make it ideal for a variety of businesses seeking a prominent location in a thriving community.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1990
Total area 49,812 SF
Lot 7.24 ac (315,462 SF)
Zoning code C
APN 13-203D- C-003
UPID US22-1683121
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
  • Mr. & Mrs. Everything Apparel Department Store
  • Atlanta Fat Loss Camps Gym & Fitness Center
  • Crown me Tiara Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.04M
Blend (final) Blend
$5.32M
Owner & transaction history
Atlanta Capital LLC · 11 yrs held
Atlanta Capital LLC
since 2015
1 recorded transaction
2015
$1.3M
Zoning & alternative use
C · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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