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Property profile & analytics
FOR SALE
Office buildings

368 Ponce De Leon Ave NE Atlanta, GA 30308

Built 1920
Property ID
US22-0238007
Property summary
AI-generated overview

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

Property profile
Verified
Property type Office buildings
Year built 1920
UPID US22-0238007
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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