Property profile

2916 Memorial Dr Atlanta, GA 30317

OFF-MARKET
Office Spaces
Property ID
US22-0606113
1.2 ac lot Built 1938
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.2-acre property at 2916 Memorial Drive SE, Atlanta, GA 30317, presents a remarkable investment opportunity. Built in 1938, the property features a single building situated on approximately 0.3 acres, zoned C1, and an additional 0.9 acres zoned R4. The existing commercial building, located on Memorial Drive, offers immediate income potential for a variety of commercial uses. The property's C1 zoning allows for diverse commercial ventures, including but not limited to, professional offices (doctor, dentist, lawyer), retail spaces, or service businesses. The adjacent 0.9-acre parcel, zoned R4, provides significant development potential, offering flexibility for future expansion or separate development projects. This prime location in Dekalb County, within Atlanta city limits, boasts excellent visibility and accessibility near the intersection of Candler Road and Memorial Drive. Its proximity to East Lake, Oakhurst, downtown Decatur, and downtown Atlanta ensures high traffic and visibility. The ample land provides ample space for designated parking, enhancing the property's appeal to potential tenants or occupants. The asking price for this unique property is $279,000. This is a rare opportunity to acquire a versatile property with immediate income potential and significant long-term growth prospects in a thriving Atlanta neighborhood.

Property profile

Verified
Property type Office Spaces
Year built 1938
Lot 1.2 ac (52,272 SF)
UPID US22-0606113

Cap rate & NOI

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

Location

2916 Memorial Dr Atlanta, GA 30317
Atlanta metro
Google Maps

Value estimations

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

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2916 Memorial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message