Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3983 Buford NE Hwy Atlanta, GA 30345-1646
    Back to Search
    Property profile & analytics

    3983 Buford NE Hwy, Atlanta, GA 30345-1646

    View on Map
    • Turn key restaurants
    • 2,529 SF
    • 0.69 lot acres
    Off-Market
    Property ID
    US22-2372439
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3983 Buford NE Hwy

    Year built
    2008
    Lot size
    0.69 lot acres
    Zone code
    X
    Property type
    Turn key restaurants
    APN
    18 236 05 026
    APU
    1823605026

    Description

    This exceptional free-standing restaurant property, located at 3983 Buford Highway NE in Atlanta, Georgia, presents a unique investment opportunity. Boasting a generous 2,597 square feet of space, this single-tenant building sits on a sizable 0.69-acre lot. Its prime location within the Northeast Atlanta submarket of DeKalb County offers excellent visibility and accessibility. The property's "free-standing" nature provides ample parking and independent branding opportunities, ideal for a variety of restaurant concepts. The address, 3983 Buford Highway NE, places it within a vibrant and densely populated area, ensuring high foot traffic and potential customer base. The zip code is 30345. This property is currently available for lease and represents a compelling chance to establish or expand a successful restaurant business in a thriving Atlanta neighborhood. The building's size and lot dimensions offer significant flexibility for both interior layout and exterior amenities. Interested parties are encouraged to explore the potential this property offers. This is a single-tenant building, providing a streamlined and efficient operational environment. The property is situated in DeKalb County, Georgia, a location known for its strong commercial activity and diverse population.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.31
    Latitude
    33.8592
    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
    2024
    $22,532
    $360,672
    $400,728
    $761,400
    -
    $901,680
    $1,001,820
    $1,903,500

    Comparable in this City

    • Value Estimation by Request
      2,520 SF

      4010 Buford NE Hwy

      RESTAURANT
      4010 Buford NE Hwy, Atlanta, GA 30345-1649
      View Details
    • Value Estimation by Request
      3,346 SF

      3931 Buford NE Hwy

      RESTAURANT
      3931 Buford NE Hwy, Atlanta, GA 30345-1646
      View Details
    • Value Estimation by Request
      2,448 SF

      2078 Henderson Ml NE Rd

      RESTAURANT
      2078 Henderson Ml NE Rd, Atlanta, GA 30345-3724
      View Details
    • Value Estimation
      $1,175,000
      3,599 SF

      4004 Buford NE Hwy

      RESTAURANT
      4004 Buford NE Hwy, Atlanta, GA 30345-1649
      View Details
    • Value Estimation by Request
      3,333 SF

      3971 Buford NE Hwy

      RESTAURANT
      3971 Buford NE Hwy, Atlanta, GA 30345
      View Details
    • Value Estimation by Request
      5,452 SF

      4075 Buford NE Hwy

      BAR, TAVERN
      4075 Buford NE Hwy, Atlanta, GA 30345-1667
      View Details

    Similar Nearby for Sale

    • $850,000
      1.83 Acres

      Prime 1.83-Acre Development Opportunity

      Versatile lot near Northlake Mall, ideal for development.
      3240 Northlake Pkwy NE, Atlanta, GA 30345
      View Details
    • $799,000
      0.51 Acres

      Residential Lot in Atlanta, GA

      Residential lot for sale in Atlanta, GA.
      2368 Academy Ct NE, Atlanta, GA 30345
      View Details
    • $799,000
      0.51 Acres

      Residential Land in Atlanta, GA

      Residential land for sale in a sought-after Atlanta location.
      2368 Academy Ct NE, Atlanta, GA 30345
      View Details
    • Contact for pricing

      Atlanta Specialty Property For Sale

      Specialty property available for purchase in Atlanta, Georgia.
      2158 Ranchwood Dr, Atlanta, GA 30345
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,989 SF

      Retail Space on Buford Highway

      Retail space available in a densely populated, high-income area.
      4105 Buford Hwy NE, Chamblee, GA 30345
      View Details
    • Contact for pricing

      Vibrant Latin American Marketplace

      Bustling marketplace in Atlanta's diverse community, authentic Latin experience.
      4166 Buford Hwy NE, Atlanta, GA 30345
      View Details
    • Contact for pricing
      2,150 SF

      Retail Space Near Northlake Mall

      Easily accessible retail space near redeveloping Northlake Mall.
      4805 Briarcliff Rd NE, Atlanta, GA 30345
      View Details
    • Contact for pricing
      334 SF

      Office Space with Shared Amenities

      Full floor office space with shared amenities available for rent.
      2302 Parklake Dr NE, Atlanta, GA 30345
      View Details
    • Contact for pricing

      Professional Office Space in Atlanta

      Office space in Northlake Office Park with easy highway access.
      2295 Parklake Dr NE, Atlanta, GA 30345
      View Details
    • Contact for pricing
      193 SF

      Office Space with Shared Amenities

      Office space featuring shared amenities available for rent.
      2310 Parklake Dr, Atlanta, GA 30345
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3983 Buford NE Hwy
    Atlanta, GA 30345-1646
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3983 Buford NE Hwy, Atlanta, GA, 30345
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!