2864 Franklin St Avondale Estates, GA 30002-1029
This exceptional 2,660-square-foot office building, located at 2864 Franklin St in Avondale Estates, Georgia 30002, presents a unique investment opportunity. Built in 1961 and completely renovated in 2018, this Class C property boasts all new electrical, plumbing, and HVAC systems, along with a new roof. The building sits on a single lot and comprises one unit, offering flexibility for a variety of uses. Its zoning is designated as "M," making it suitable for office showroom, office space, or even an art studio. Situated in the heart of Avondale Estates' business district, this property enjoys a highly convenient location within walking distance of numerous restaurants. Its proximity to Decatur and its less than eight-mile distance from Downtown Atlanta provide easy access to a larger metropolitan area. The vibrant community surrounding the building is experiencing significant growth, with several mixed-use developments recently completed or currently under construction. The area also offers abundant retail options, including seven grocery stores within a one-mile radius, highlighting the convenience and accessibility of this location. The asking price for this exceptional property is $835,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
X · Avondale Estates, GAAvondale Estates. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.