300 Ponce De Leon NE Ave Atlanta, GA 30308-2013
This exceptional redevelopment opportunity encompasses a 0.413-acre assemblage in Atlanta's vibrant Ponce City Market area. The property includes three parcels totaling 13,800 square feet of existing building space, featuring the historically significant Kodak Building (6,800 sq ft) and the former Atlanta Eagle building. A paved parking lot completes the assemblage. Designated as Landmark Building Sites by the City of Atlanta (June 14, 2021), the property is zoned MRC-2/Landmark, with development rights subject to negotiated conditions. The current zoning is MRC-2 LBS, with underlying zoning MRC-2-C. All building setbacks and height allowances adhere to these negotiated conditions, with over $100,000 invested by current ownership to secure these rights. This prime location offers unparalleled proximity to Ponce City Market, presenting a rare chance to capitalize on Atlanta's thriving real estate market. The assemblage's unique history and strategic location make it an ideal investment for landmark redevelopment. The asking price for this remarkable opportunity is $2,900,000. The property includes three buildings and three separate parcels with APNs: 14 004800090147, 14 004800090139, and 14 004800090154. The addresses are 300 and 306 Ponce De Leon Ave NE, Atlanta, GA 30308, located in Fulton County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Atlanta, GACosts & 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.