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Property profile & analytics
FOR SALE
Commercial land

405 Pharr Rd NE Atlanta, GA 30305

Property ID
US22-1452517
Property summary
AI-generated overview

The Lookout Pharr Assemblage is a collection of four adjacent parcels, totaling 0.66 acres, in the prime Buckhead commercial area. Situated in the SPI 9 Buckhead Village District, Subarea 3: Extended Village, the site offers a range of possibilities for different types of developments. The properties enjoy a strategic location on the busy Pharr Road, with a high volume of traffic. Additionally, they are positioned at the corner of Lookout Place, serving as an entry point to the desirable residential Garden Hills neighborhood. Adjacent to Frankie Allen Park, the assemblage benefits from proximity to amenities such as walking trails, baseball diamonds, tennis courts, and a picnic meadow. This presents an excellent opportunity to maximize the value of the real estate through an upscale, mixed- use, environmentally friendly, mid-rise redevelopment project.

Property profile
Verified
Property type Commercial land
UPID US22-1452517
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
Current use
Occupant on record · Public records
  • The Hibachi Ninja Restaurant
  • Chiropractic Healthcare of Buckhead Alternative Medicine Practice
  • Bruce Salzinger, DC Alternative Medicine Practice
  • MOBLSPA Online Booking Alternative Medicine Practice
  • Christian Garcia Torres Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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