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Property profile & analytics
OFF-MARKET Estimated value $260,000
Retail space

300 Ponce De Leon NE Ave Atlanta, GA 30308-2013

8,702 SF 0.11 ac lot Built 1950
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US22-4162531
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction WOOD
Total area 8,702 SF
Lot 0.11 ac (4,792 SF)
Zoning code C2
APN 14 004800090147
UPID US22-4162531
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
by Request
Comparable Approach Comparable
$873k
Blend (final) Blend
$260k
Owner & transaction history
Ayl Management Group LLC · 9 yrs held
Ayl Management Group LLC
since 2016
7 recorded transactions
2016
$1.9M
2016
Price N/A
2014
$727,000
2014
Price N/A
2009
$400,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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