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

    5197 Buford NE Hwy Atlanta, GA 30340-1104

    • Community centers
    • 6,423 SF
    • 10.69 lot acres
    OFF-MARKET
    Last Sale
    Nov 08, 2024
    Value Estimations
    $1,310,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1000109
    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

    • Chase ATM / Atm

    Property Details for 5197 Buford NE Hwy

    Year built
    1958
    Lot size
    10.69 lot acres
    Property size
    6,423 SF
    Zone code
    C2
    Property type
    Community centers
    APN
    18 310 03 003
    APU
    1831003003

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,450,000
      6.5%
      $1,340,000
      7%
      $1,240,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,750,000
      Current use
      MEDICAL BUILDING
      $1,745,000
      Change: -0% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,630,000
      Change: -7% Conversion: Difficult
      RETAIL STORES
      $1,440,000
      Change: -18% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,430,000
      Change: -18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2818
    Latitude
    33.895
    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
    $275,410
    $2,229,555
    $7,243,725
    $9,473,280
    -
    $5,573,888
    $18,109,312
    $23,683,200

    Comparable in this City

    • Value Estimation
      $6,860,000
      36,818 SF

      5938 Buford NE Hwy

      MINI-MALL • 36,818 SF
      5938 Buford NE Hwy, Atlanta, GA 30340-1374
      View Details
    • Value Estimation
      $3,205,000
      25,880 SF

      5090 Buford NE Hwy

      MINI-MALL • 25,880 SF
      5090 Buford NE Hwy, Atlanta, GA 30340-1246
      View Details
    • Value Estimation
      $1,710,000
      19,360 SF

      5294 Buford NE Hwy

      SHOPPING CENTER, STRIP CENTER • 19,360 SF
      5294 Buford NE Hwy, Atlanta, GA 30340
      View Details
    • Value Estimation
      $3,500,000
      23,146 SF

      5269 Buford NE Hwy

      SHOPPING CENTER, STRIP CENTER • 23,146 SF
      5269 Buford NE Hwy, Atlanta, GA 30340-1154
      View Details
    • Value Estimation
      $1,490,000
      15,020 SF

      5280 Buford NE Hwy

      SHOPPING CENTER, STRIP CENTER • 15,020 SF
      5280 Buford NE Hwy, Atlanta, GA 30340-1117
      View Details
    • Value Estimation
      $1,425,000
      12,750 SF

      6067 Buford NE Hwy

      SHOPPING CENTER, STRIP CENTER • 12,750 SF
      6067 Buford NE Hwy, Atlanta, GA 30340-1300
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.49 Acres

      Prime Atlanta Retail Space Available

      High-visibility retail & flex space near MARTA
      6037 New Peachtree Rd, Atlanta, GA 30340
      View Details
    • $1,550,000
      20,169 SF

      Buford Hwy Church/School - 2 Acres

      Large Church/School, High Visibility, Buford Hwy
      6690 Buford Hwy, Doraville, GA 30340
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      216,500 SF

      Doraville Warehouse Space Available

      15,000 SF warehouse near I-85 and I-285.
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      97,108 SF

      Doraville Industrial Space Available

      Industrial suites available with warehouse and office/showroom space.
      2395 Pleasantdale Rd, Doraville, GA 30340
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    • $229,900
      1,160 SF

      Two-Story Townhome in Gated Community

      Two-story townhome with pool, new flooring, and updated appliances.
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    • Contact for pricing
      24,368 SF

      Atlanta Warehouse Space Available

      24,368 SF warehouse space for sale in Atlanta.
      3595 Mccall Pl, Atlanta, GA 30340
      View Details

    Similar Nearby for Lease

    • $396 /Mo
      3,600 SF

      Doraville Retail Space - Buford Hwy

      Prime Retail/Office, 3600 sq ft, 1.5 acres
      5145 Buford Hwy, Doraville, GA 30340
      View Details
    • $2,900 /Mo
      1,673 SF

      Versatile Retail/Office Space Available

      2962 SF retail/office space in vibrant Doraville location.
      5953 Buford Hwy NE, Atlanta, GA 30340
      View Details
    • $13 SF/Yr

      High-Traffic Atlanta Corridor Flex Space

      Industrial flex and retail spaces in high-traffic Atlanta corridor.
      5891 New Peachtree Rd, Atlanta, GA 30340
      View Details
    • $13 SF/Yr
      15,360 SF

      Atlanta Office Space for Lease

      Prime Atlanta Office Suites Available
      3772 Pleasantdale Rd, Atlanta, GA 30340
      View Details
    • $2,900 /Mo
      24,814 SF

      Doraville Retail/Office Space Available

      Versatile retail/office space in Seoul Plaza, Doraville, GA.
      5953 Buford Hwy Unit, Doraville, GA 30340
      View Details
    • Contact for pricing
      28,285 SF

      Atlanta Industrial Space For Lease

      Large warehouse, multiple spaces available.
      4164 Northeast Expy, Atlanta, GA 30340
      View Details
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    Atlanta, GA 30340-1104
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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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