Property profile

514 Mcdonough Blvd SE Atlanta, GA 30315

FOR SALE
Day care centers
Property ID
US22-0797322
1,419 SF 1.6 ac lot Built 1924
Entity Owned 3-yr Hold ~ Est. High Equity
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514 Mcdonough Blvd SE, Atlanta, GA 30315 For Sale
$2,400,000 1,419 SF
514 Mcdonough Blvd SE, Atlanta, GA 30315
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Property summary

AI-generated overview

The property consists of a 1.837-acre corner lot measuring approximately 400 by 200 feet, located in the Chosewood Park Neighborhood near The Beltline, shops, and restaurants. It lies within the Beltline Overlay District and is zoned C-2, allowing commercial and residential development. The site is SAP-approved for the development of up to 100 apartment units with 100 parking spaces, with additional parking available via street parking on Park Avenue, and it may also accommodate up to 60 townhomes. Existing buildings have been demolished and removed, and the property has completed soil testing with required tree permits obtained. The land is situated in an Opportunity Zone and is positioned within two blocks of a planned Publix shopping center.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1924
Construction WOOD
Total area 1,419 SF
Lot 1.6 ac (69,696 SF)
Zoning code C2
APN 14 004100100620
UPID US22-0797322

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center

Location

514 Mcdonough Blvd SE Atlanta, GA 30315
Atlanta metro Census 6400 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.39M

Owner & transaction history

since 2023
Last sale
$1.7M
4 recorded transactions
2025
Price N/A
2023
Price N/A
2023
$875,000
2023
Price N/A

Zoning & alternative use

C2 · Atlanta, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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