Property profile

5529 Old National Hwy College Park, GA 30349

FOR SALE
Retail properties & Spaces
Property ID
US22-0204811
1.07 ac lot Built 1965
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5529 Old National Hwy, College Park, GA 30349
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Property summary

AI-generated overview

This exceptional South Fulton, Georgia property, located at 5529 Old National Highway, presents a unique investment opportunity. Priced at $775,000, this 1.074-acre lot boasts two buildings on a 132-foot road frontage. The main building, renovated in 2004, previously served as a dental office, featuring five treatment rooms (each with separate plumbing), a sterilization area, reception area, staff area, doctor's office with private bath and shower, a separate lab/work area, and ample storage. The second building is a blank canvas, ready for your vision, with all utility hookups in place. The property offers 28 existing parking spaces with room for an additional 20 or more, potentially utilizing nearby overflow parking. Zoned C-1 (Limited Commercial District), the property allows for a wide range of uses, including but not limited to: apartment units in mixed-use buildings, clinics, urgent care facilities, adult day centers, auto brokerages (no vehicle storage), electronic and appliance stores, hardware stores, supermarkets, specialty food stores, health and personal care stores, clothing stores, insurance agencies, consumer lending services, banquet halls, event centers, hotels/motels, food service establishments, drinking places, professional offices, financial offices, medical offices, and funeral homes. The property's high visibility and location near the SR-279 corridor, within a likely Livable Centers Initiative (LCI) area, promise significant potential. Built in 1965, this property offers dual access points – Old National Highway and Jerome Road – and is conveniently situated near a shopping complex. Explore the possibilities and bring your business ideas to this prime location. Consult the local zoning ordinance for a complete list of permitted uses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Lot 1.07 ac (46,783 SF)
UPID US22-0204811

Cap rate & NOI

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

Location

5529 Old National Hwy College Park, GA 30349
College Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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