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Property profile & analytics
OFF-MARKET
Warehouses

2864 Franklin St Avondale Estates, GA 30002-1029

2,660 SF 0.15 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US22-1560024
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1961
Construction WOOD FRAME
Total area 2,660 SF
Lot 0.15 ac (6,534 SF)
Zoning code X
APN 15 248 24 011
UPID US22-1560024
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Avondale Holdings LLC · 1 yrs held
Avondale Holdings LLC
since 2024
Last sale
$850,000
7 recorded transactions
2024
Price N/A
2024
$850,000
2024
Price N/A
2018
Price N/A
2018
$235,000
2009
Price N/A
1969
Price N/A
Zoning & alternative use
X · Avondale Estates, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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