414 Centennial Olympic Park Dr Atlanta, GA 30313
Exceptional mixed-use investment opportunity in Atlanta, Georgia, situated on a 1.06-acre lot (APN: 14-0079-0006-014-2) at 414 Centennial Olympic Park Dr NW, 30313. This property boasts a prime location across from a recently sold development, and within walking distance of the Coca-Cola Factory, Centennial Olympic Park, and the Georgia Aquarium. The site includes two existing buildings totaling 20,200 square feet; a 16,000 square foot building formerly used by the Atlanta Baptist Association and a 4,200 square foot building previously used by the City of Atlanta Police Precinct. The property is zoned C3, offering significant potential for high-density development. With 20 parking spaces and a total asking price of $12,950,000 ($641.09 per square foot), this presents a rare chance to acquire a substantial asset in a rapidly developing area of Atlanta. Built in 1945, this property offers a unique blend of existing structures and redevelopment potential. The sale includes parcels 14 007900060316 & 14 007900060167. This is a remarkable opportunity for investors seeking significant returns in a vibrant and highly sought-after location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.