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Property profile & analytics
OFF-MARKET Estimated value $3,205,000
Strip malls

5495 Old National Hwy South Fulton, GA 30349-3205

15,650 SF 13.19 ac lot Built 1985
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US22-1674097
Property summary
AI-generated overview

This exceptional 8,381 square foot restaurant is ideally situated in the South Fulton submarket of College Park, Georgia, at 5495 Old National Highway, zip code 30349. The property is a single-tenant space within a larger 66,924 square foot shopping center. Its prime location along the heavily trafficked Old National Highway ensures high visibility and accessibility for customers. The convenient proximity to the airport further enhances its appeal, attracting a diverse clientele. This presents a unique opportunity for a restaurant operator seeking a well-established location with significant foot traffic and easy access for both local residents and travelers. The property's size offers ample space for a variety of restaurant concepts, from casual dining to upscale establishments. The building is part of a larger shopping center, providing additional benefits such as shared parking and potential synergy with neighboring businesses. This turnkey restaurant space is ready for immediate occupancy, offering a significant advantage for a quick start-up or expansion. The property's location in the thriving South Fulton submarket of College Park, Georgia, promises strong potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional investment opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 15,650 SF
Lot 13.19 ac (574,556 SF)
Zoning code C2
APN 13 0093 LL1505
UPID US22-1674097
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kool Smiles Dentist Dental Office
  • Expert Computer & Print Repair Computer & Electronic Repair
  • Franklin Dental & Braces Dental Office
  • Harold's Chicken Shack Restaurant
  • The Smoking Room Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.67M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.21M
Owner & transaction history
Athens Re Ltd · 21 yrs held
Athens Re Ltd
since 2004
7 recorded transactions
2021
Price N/A
2020
Price N/A
2017
Price N/A
2004
$3.5M
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · South Fulton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source COSF Final ZONING ORDINANCE
Top alternative use upside
Commercial (general) $4.4M +3.3%
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