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Property profile & analytics
OFF-MARKET Estimated value $1,380,000
Commercial real estate

299 Highland NE Ave Atlanta, GA 30307-5634

5,801 SF 0.13 ac lot Built 2015
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-3984368
Property summary
AI-generated overview

This exceptional retail opportunity is located in the vibrant Inman Park submarket of Atlanta, Georgia, at 299 North Highland Avenue Northeast, zip code 30307. The property, built in 2015, is part of the Inman Quarter development and offers two available restaurant spaces totaling 39,263 square feet within a multi-tenant building. Individual spaces range from 1,045 to 3,582 square feet, providing flexibility for various concepts. The prime location offers unparalleled access to the Atlanta BeltLine Eastside Trail, a major urban development boasting 22 miles of trails, parks, and thriving retail and entertainment options. This high-traffic area benefits from strong demographics, with a 1-mile radius encompassing 28,912 residents (2024 projection), 16,655 households, and an average household income of $157,700. The surrounding area's consumer spending power is substantial, reaching $857.1 million within a 1-mile radius. This presents a unique chance to establish a presence in one of Atlanta's most sought-after neighborhoods, capitalizing on the high foot traffic and strong consumer base associated with the BeltLine. The property's modern construction and strategic location make it an ideal investment for discerning businesses seeking a thriving retail environment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2015
Construction WOOD
Total area 5,801 SF
Lot 0.13 ac (5,793 SF)
Zoning code C2
APN 14 001900140327
UPID US22-3984368
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
  • Blink Charging Station Electric Vehicle Charging Station
  • The Men's Parlor @ IQ Barber Shop
  • A Haute Cookie Bakery Take-out & Catering
  • Park Place Public Parking Parking Lot & Garage
  • Char Korean Bar & Grill Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.45M
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.38M
Owner & transaction history
Tbr Iq Owner 2021 LLC · 5 yrs held
Tbr Iq Owner 2021 LLC
since 2021
Last sale
$1.3M
7 recorded transactions
2021
$2.9M
2021
$1.3M
2020
Price N/A
2020
$1.4M
2020
$1.2M
2019
$825,000
2019
$1.8M
Zoning & alternative use
C2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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