368 Ponce De Leon Ave NE Atlanta, GA 30308
For Sale
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368 Ponce de Leon Avenue is quite a unique property located in the heart of Atlanta, GA in the “Poncey-Highlands and Old Fourth Ward” districts. Built to the standards of the 1920’s, the main house features architectural accents found in stately mansions. Despite falling into disrepair, the property has the potential to once again become a showplace. Various uses could be executive offices, high-end residential, special purpose, religious, school, film location, or otherwise. The property is fully fenced and gated, with excellent privacy. +/-1.07 acre level lot +/- 8,500 s.f. Main House, plus +/-2,100 s.f. secondary building Paved parking for at least 15 cars Skyline views of Atlanta from the top floor Grove Park Apartments Landmark Building Site (LBS) Potential higher density development opportunity
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
Costs & 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.