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Property profile & analytics
FOR SALE
Office Spaces

3021 Piedmont Rd NE Atlanta, GA 30305

4,248 SF 0.1 ac lot Built 1981
Entity Owned Free & Clear
Property ID
US22-1320937
Property summary
AI-generated overview

This exceptional 5,000 square foot, four-story office building is situated in a prime central Buckhead location at the intersection of Pharr Road and Piedmont Road. The property, part of an established office park, offers ample parking for employees and clients. Currently boasting 25% occupancy with annual rent increases, this building presents a compelling owner-user or investment opportunity. The unique townhome-style design features a multi-tenant layout, with each floor having its own private rear entrance, in addition to a shared front door and interior stairwell. The fourth floor offers versatile zoning, allowing for office, live-work, or apartment use. The building is easily accessible via GA 400 and I-75/85, placing it in the heart of Buckhead's vibrant business district. Security features are in place on each floor and throughout the exterior. The property is well-maintained, with recent upgrades including a renovated back porch and HVAC system. A long-standing tenant contributes to a stable income stream. The building is suitable for medical or traditional office use and benefits from robust power infrastructure. Asking price is $1,500,000, with an occupancy date of October 1, 2024.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1981
Construction WOOD
Total area 4,248 SF
Lot 0.1 ac (4,225 SF)
Zoning code RLCC
APN 17 004600140020
UPID US22-1320937
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
  • Senior Solutions Home Care Employment Agency
  • O'Réal Aesthetics MedSpa Spa & Massage Center Alternative Medicine Practice
  • Senior Solutions Transportation Handicapped Transportation Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$481k
Blend (final) Blend
$575k
Owner & transaction history
BUILDING ACCOUNT
BUILDING ACCOUNT
Zoning & alternative use
RLCC · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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