Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4338 Paces Fry SE Rd Atlanta, GA 30339-5789
    Property profile & analytics

    4338 Paces Fry SE Rd, Atlanta, GA 30339-5789

    View on Map
    • Strip malls
    • 8,321 SF
    • 0.37 lot acres
    Off-Market
    Property ID
    US22-1795551
    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
    $1,045,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Juice Bar & Vegan Foods Arden’s Garden Vinings / Specialty Food Shop / (Bike/Boat/Book/etc) Store
    • Plantbaed Cafe / Restaurant
    • InMotion Wellness Studio Vinings / Gym & Fitness Center / Alternative Medicine Practice
    • TheraSolv Botanicals & Co. / (Bike/Boat/Book/etc) Store
    • Transcending Tea / (Bike/Boat/Book/etc) Store / Specialty Food Shop

    Property Details for 4338 Paces Fry SE Rd

    Year built
    1986
    Lot size
    0.37 lot acres
    Zone code
    NS
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    17095200240
    APU
    17095200240

    Description

    This exceptional 1,000-square-foot retail space is ideally situated in the highly desirable Vinings submarket of Atlanta, Georgia, at 4338 Paces Ferry Rd SE, Suite 100. Boasting a highly visible end-cap location at the prominent intersection of Paces Ferry Road and Paces Mill Road, this street-level unit offers unparalleled visibility and accessibility. Large glass storefront windows and high ceilings create a bright and inviting atmosphere, perfect for showcasing merchandise. Ample on-site parking is available for customers, although certain high-parking-demand businesses (such as hair salons, nail salons, and fitness centers) are not permitted due to parking limitations. The property is surrounded by a thriving mix of upscale retail establishments, offices, restaurants, residential properties, and hotels, ensuring a constant flow of potential customers. This space is immediately available, presenting a unique opportunity for a discerning business to establish a presence in one of Atlanta's most sought-after areas. Prominent signage opportunities further enhance the property's marketing potential. The zip code is 30339.

    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
    Cobb
    State
    Georgia
    Longitude
    -84.4663
    Latitude
    33.8661
    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
    $17,064
    $279,676
    $286,284
    $565,960
    -
    $699,190
    $715,710
    $1,414,900

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      900 Battery SE Ave

      SHOPPING CENTER, STRIP CENTER
      900 Battery SE Ave, Atlanta, GA 30339-3008
      View Details
    • Value Estimation
      $2,910,000
      20,370 SF

      4199 Paces Fry SE Rd

      SHOPPING CENTER, STRIP CENTER
      4199 Paces Fry SE Rd, Atlanta, GA 30339-5750
      View Details
    • Value Estimation by Request
      0.24 Acres

      900 Battery SE Ave

      SHOPPING CENTER, STRIP CENTER
      900 Battery SE Ave, Atlanta, GA 30339-3008
      View Details
    • Value Estimation
      $5,090,000
      34,508 SF

      2810 Paces Fry SE Rd

      SHOPPING CENTER, STRIP CENTER
      2810 Paces Fry SE Rd, Atlanta, GA 30339-5700
      View Details
    • Value Estimation
      $10,380,000
      109,793 SF

      4715 Atlanta SE Rd

      SHOPPING CENTER, STRIP CENTER
      4715 Atlanta SE Rd, Atlanta, GA 30339-1531
      View Details
    • Value Estimation
      $8,145,000
      75,064 SF

      2451 Cumberland SE Pkwy

      SHOPPING CENTER, STRIP CENTER
      2451 Cumberland SE Pkwy, Atlanta, GA 30339-6136
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      CVS Anchored Retail Center

      25,455 SF retail center in affluent Atlanta suburb.
      6370 Powers Ferry Rd NW, Atlanta, GA 30339
      View Details
    • $2,800,000
      6.84 Acres

      Sandy Springs Estate Land

      Almost 7 acres of land in Sandy Springs.
      6500 Powers Ferry Rd, Atlanta, GA 30339
      View Details
    • Contact for pricing

      Sublease Flex/Industrial/Office Space Available

      Sublease available through July 2030, featuring office and warehouse space.
      120 Interstate North Pkwy, Atlanta, GA 30339
      View Details
    • Contact for pricing

      Renovated Condo with City Views

      Luxurious condo with city views and resort-style amenities.
      2950 Mount Wilkinson Pkwy SE, Atlanta, GA 30339
      View Details
    • Contact for pricing

      Established Payment Processing Business

      Profitable payment processing business with consistent growth and solid client base.
      2997 Cobb Pkwy SE, Atlanta, GA 30339
      View Details
    • Contact for pricing
      883 SF

      Vinings Corner Office Suite

      Corner office suite in desirable Vinings neighborhood with kitchenette.
      3621 Vinings Slope Southeast, Atlanta, GA 30339
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,277 SF

      Retail Space Near The Battery

      Retail space in neighborhood center near The Battery Atlanta.
      6370 Powers Ferry Rd NW, Atlanta, GA 30339
      View Details
    • Contact for pricing

      Prime Retail Space Near Cumberland Mall

      Excellent visibility in a regional market, 100% leased retail space.
      3051 Akers Mill Rd, Atlanta, GA 30339
      View Details
    • Contact for pricing
      3,366 SF

      Renovated Retail and Office Space

      Newly renovated retail and office space near Atlanta Braves Stadium.
      3000 Windy Hill Rd SE, Marietta, GA 30339
      View Details
    • Contact for pricing

      Vinings Village Retail Space

      New retail development in the heart of Vinings Village.
      2747 Paces Ferry Rd, Atlanta, GA 30339
      View Details
    • Contact for pricing

      Retail Space on Cumberland Parkway

      Retail center with small shop space available on Cumberland Parkway.
      2460 Cumberland Pkwy Southeast, Atlanta, GA 30339
      View Details
    • Contact for pricing
      3,855 SF

      Freestanding Restaurant Space Available

      3,855 SF restaurant space in a high-traffic Atlanta location.
      2977 Cobb Pkwy SE, Atlanta, GA 30339
      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.
    4338 Paces Fry SE Rd
    Atlanta, GA 30339-5789
    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
    4338 Paces Fry SE Rd, Atlanta, GA, 30339
    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!