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Property profile & analytics
OFF-MARKET
Retail space

2991 Buford NE Hwy Brookhaven, GA 30329-1834

1,890 SF 0.47 ac lot Built 1976
Entity Owned 19-yr Hold Free & Clear
Property ID
US22-0640767
Property summary
AI-generated overview

This exceptional redevelopment opportunity encompasses a 44,000 square foot mixed-use property situated on over one acre of land at 2991 Buford Highway NE in Atlanta, Dekalb County, Georgia, zip code 30329. Currently operating at 100% occupancy, this prime location offers significant potential for future development. The property is zoned for mixed-use development, allowing for a wide range of possibilities to suit an investor's vision. The existing structure presents a substantial footprint for renovation or repurposing, catering to a variety of commercial uses. The property benefits from its high visibility and accessibility along Buford Highway, a major thoroughfare with high traffic volume and significant pedestrian activity. The ground lease arrangement provides additional flexibility for long-term investment strategies. This is an exceptional chance to acquire a substantial mixed-use asset in a thriving Atlanta location, ripe for redevelopment and poised for significant returns. The property's address is 2891/2991 Buford Highway NE.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction WOOD FRAME
Total area 1,890 SF
Lot 0.47 ac (20,473 SF)
Zoning code X
APN 18 156 01 018
UPID US22-0640767
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
  • Wheels & Deals Auto Sales, LLC | Buy Here Pay Here Used Cars For Sale Car Dealership
  • A A Gareth Heating & Air HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
2991 Buford Hwy LLC · 19 yrs held
2991 Buford Hwy LLC
since 2007
3 recorded transactions
2007
$950,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
X · Brookhaven, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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