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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3530 Commerce Dr East Point, GA 30344

    • Strip malls
    • 9,856 SF
    • 1.16 lot acres
    OFF-MARKET
    Last Sale
    May 17, 2021
    $5,335,000
    Value Estimations
    $5,160,000
    Show details
    Cap Rate Potential
    2.5%
    Strip malls
    Location Intelligence
    Property ID
    US22-1986662
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 3530 Commerce Dr

    Year built
    2005
    Lot size
    1.16 lot acres
    Property size
    9,856 SF
    Zone code
    C2C
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    14 0256 LL0227
    APU
    140256LL0227

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,420,000
      ML approach
      $5,500,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,390,000
      Market price range: $929k - $5.12M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,360,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Point
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5045
    Latitude
    33.655
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,194
    $250,560
    $1,049,440
    $1,300,000
    -
    $626,400
    $2,623,600
    $3,250,000

    Comparable in this City

    • Value Estimation
      $665,000
      40,278 SF

      2062 Headland Dr

      SHOPPING CENTER, STRIP CENTER • 40,278 SF
      2062 Headland Dr, East Point, GA 30344-2135
      View Details
    • Value Estimation
      $480,000
      13,634 SF

      3625 Commerce Dr

      SHOPPING CENTER, STRIP CENTER • 13,634 SF
      3625 Commerce Dr, East Point, GA 30344-5732
      View Details
    • Value Estimation
      $295,000
      8,416 SF

      2045 Stanton Rd

      SHOPPING CENTER, STRIP CENTER • 8,416 SF
      2045 Stanton Rd, East Point, GA 30344-1311
      View Details
    • Value Estimation
      $480,000
      20,000 SF

      854 Cleveland Ave

      SHOPPING CENTER, STRIP CENTER • 20,000 SF
      854 Cleveland Ave, East Point, GA 30344-2920
      View Details
    • Value Estimation
      $560,000
      34,234 SF

      3492 Washington Rd

      SHOPPING CENTER, STRIP CENTER • 34,234 SF
      3492 Washington Rd, East Point, GA 30344-5607
      View Details
    • Value Estimation by Request
      116,305 SF

      3580 Redwine Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 116,305 SF
      3580 Redwine Rd, East Point, GA 30344
      View Details

    Similar Nearby for Sale

    • $510,000
      1,944 SF

      East Point Commercial/Office Opportunity

      Versatile commercial property in East Point with excellent visibility.
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    • $375,000
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      East Point Retail Investment Opportunity

      Commercial property with two retail units in downtown East Point.
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    • New
      $374,900
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      Commercial Property on Washington Road

      Commercial property in rapidly developing corridor near Hartsfield-Jackson Airport.
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    • $375,000
      2,800 SF

      Downtown East Point Commercial Property

      Commercial property in the heart of Downtown East Point, Georgia.
      2796 East Point St, East Point, GA 30344
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    • Contact for pricing
      48,000 SF

      Atlanta Airport Hotel Development Site

      110-Room Hotel Site, Ready to Build
      3550 Desert Dr, East Point, GA 30344
      View Details
    • $750,000
      4,120 SF

      Atlanta Commercial Shop - 6 Bays

      Prime Auto Shop Location - High Traffic Area
      1488 Central Ave, Atlanta, GA 30344
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    Similar Nearby for Lease

    • $2,500 /Mo
      165,528 SF

      Gated Lot Near Airport

      Secure, level lot ideal for parking or outdoor storage.
      1445 Cleveland Ave, East Point, GA 30344
      View Details
    • Contact for pricing
      20,001 SF

      Glenridge Springs Retail Storefront

      Prime Atlanta Retail Space Available
      5610 Glenridge Dr, East Point, GA 30344
      View Details
    • $2,500 /Mo
      21,780 SF

      Gated Lot Near Airport

      Secure, level lot ideal for parking or outdoor storage.
      1445 Cleveland Ave, East Point, GA 30344
      View Details
    • $800 /Mo
      7,500 SF

      East Point Office Suite

      Private office suite in secure, gated East Point complex.
      1445 Cleveland Ave, East Point, GA 30344
      View Details
    • Contact for pricing
      52,162 SF

      Freestanding Industrial Building Near Airport

      52,162 SF industrial building with loading and storage.
      1631 Willingham Dr, Atlanta, GA 30344
      View Details
    • $2,500 /Mo
      8,050 SF

      East Point Commercial Lease Opportunity

      Versatile spaces available for lease in East Point, GA.
      1466 Central Ave, Atlanta, GA 30344
      View Details
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    3530 Commerce Dr
    East Point, GA 30344
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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