Property profile

316 Peters St Atlanta, GA 30313

OFF-MARKET
Office Spaces
Property ID
US22-1368345
30,740 SF 0.22 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a ±30,740 square foot industrial warehouse building situated on a 0.22-acre lot in Atlanta's vibrant Castleberry Hill neighborhood. Built in 1900, this three-story structure is zoned HC-20N SA1, offering significant potential for adaptive reuse. The property's prime location within the Castleberry Hill Opportunity Zone provides significant tax advantages. Its central location offers unparalleled access to Downtown Atlanta's amenities, including proximity to Mercedes-Benz Stadium and State Farm Arena, and within walking distance of two MARTA rail stations. The surrounding area boasts a thriving mix of office, multi-family, mixed-use, and retail properties, making it an attractive destination for the millennial workforce. This unique property presents a rare chance to capitalize on the burgeoning Castleberry Hill market and create a high-demand development. The address is 316 Peters St SW, Atlanta, GA 30313, in Fulton County. This single-tenancy property offers a blank canvas for a visionary developer seeking to create a landmark project in a rapidly growing area.

Property profile

Verified
Property type Office Spaces
Year built 1900
Total area 30,740 SF
Lot 0.22 ac (9,583 SF)
UPID US22-1368345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

316 Peters St Atlanta, GA 30313
Atlanta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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