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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4800 Briarcliff NE Rd Atlanta, GA 30345-2743

    • Retail properties
    • 1,152 SF
    • 17.82 lot acres
    OFF-MARKET
    Last Sale
    Nov 10, 2020
    $6,000,000
    Value Estimations
    $5,895,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1946788
    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.

    Current Use by Public Records

    • Star Perfume / Perfume Store
    • Dugan's Restaurant & Bar / American Restaurant / Sports Bar
    • Jewel Box / Jewelry Store / Watch Store
    • A Touch of Gold / Jewelry Store
    • Diamond Bazaar / Jewelry Engraver / Jewelry Repair Service

    Property Details for 4800 Briarcliff NE Rd

    Year built
    2002
    Lot size
    17.82 lot acres
    Property size
    1,152 SF
    Zone code
    X
    Property type
    Retail properties
    APN
    18 209 02 028
    APU
    1820902028

    Description

    Northlake, a vibrant mixed-use development in Atlanta, Georgia (30345), offers exceptional retail and restaurant spaces. Located at 4800 Briarcliff Rd NE, this prime location boasts high foot traffic generated by over 2,000 daily employees from Emory Healthcare and the CDC Credit Union, two new office tenants. The property, formerly an enclosed mall, is undergoing a significant transformation, adding over 300,000 square feet of new medical and office space, further increasing demand. Available spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 130,000 square feet, suitable for a variety of concepts. Ideal opportunities exist for chef-driven restaurants, fast-casual dining, unique pop-up shops, coffee shops, and brew pubs. The property's strategic location and the influx of new employees create a strong demand for retail and restaurant services throughout the day, from morning to evening. This is a unique chance to establish a presence in a thriving, rapidly evolving mixed-use development in a high-growth area of Atlanta. The property is classified as a shopping center with multiple tenancy options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,060,000
      ML approach
      $5,515,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2548
    Latitude
    33.8501
    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
    $150,658
    $2,400,000
    $0.00
    $2,400,000
    -
    $6,000,000
    $0.00
    $6,000,000

    Comparable in this City

    • Value Estimation
      $13,805,000
      174,770 SF

      4840 Briarcliff NE Rd

      DEPARTMENT STORE • 174,770 SF
      4840 Briarcliff NE Rd, Atlanta, GA 30345-2702
      View Details
    • Value Estimation
      $14,945,000
      189,468 SF

      4880 Briarcliff NE Rd

      DEPARTMENT STORE • 189,468 SF
      4880 Briarcliff NE Rd, Atlanta, GA 30345-2702
      View Details
    • Value Estimation by Request
      1,500 SF

      4054 Buford NE Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      4054 Buford NE Hwy, Atlanta, GA 30345-1678
      View Details
    • Value Estimation
      $880,000
      4,600 SF

      4230 Buford NE Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,600 SF
      4230 Buford NE Hwy, Atlanta, GA 30345-1020
      View Details
    • Value Estimation
      $2,685,000
      24,325 SF

      4001 Buford NE Hwy

      SHOPPING CENTER, STRIP CENTER • 24,325 SF
      4001 Buford NE Hwy, Atlanta, GA 30345-1648
      View Details
    • Value Estimation
      $2,115,000
      19,402 SF

      4186 Buford NE Hwy

      MINI-MALL • 19,402 SF
      4186 Buford NE Hwy, Atlanta, GA 30345-1067
      View Details

    Similar Nearby for Lease

    • 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
    • $18 SF/Yr
      121,528 SF

      Parklake Drive Office Suites

      Atlanta Executive Office Space Available
      2295 Parklake Dr, Atlanta, GA 30345
      View Details
    • $18 SF/Yr
      19,393 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
    • $19 SF/Yr
      5,613 SF

      Atlanta Medical Office Suites

      DeKalb County, GA - Two Suites Available
      2296 Henderson Mill Rd, Atlanta, GA 30345
      View Details
    • Contact for pricing
      2,510 SF

      Prime DeKalb Executive Office Space

      Modern Office Suite, Northlake/Lavista
      2296 Henderson Mill Rd, Atlanta, GA 30345
      View Details
    • $19 SF/Yr
      5,810 SF

      Professional Office Space in Atlanta

      Office space in Northlake Office Park, convenient location and amenities.
      2295 Parklake Dr NE, Atlanta, GA 30345
      View Details
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    4800 Briarcliff NE Rd
    Atlanta, GA 30345-2743
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    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
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