Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5529 Old National Hwy College Park, GA 30349
    Back to Search
    Property profile & analytics

    5529 Old National Hwy College Park, GA 30349

    View on Map
    • Bars & Pubs
    • 1.07 lot acres
    Off-Market
    Property ID
    US22-0204811
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bars & Pubs

    Property Details for 5529 Old National Hwy

    Year built
    1965
    Lot size
    1.07 lot acres
    Property type
    Bars & Pubs
    Property subtype
    Pubs

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Fulton - GA
    State
    Georgia
    Longitude
    -84.4725679
    Latitude
    33.6048215

    Comparable in this City

    • New
      $1,025,000
      4,017 SF

      College Park Commercial Investment Opportunity

      Income-producing commercial building in College Park, Georgia, for sale.
      5610 Old National Hwy, College Park, GA 30349
      View Details
    • $1,025,000

      Salon Suites Investment Opportunity

      Income-producing salon suites in College Park, Atlanta.
      5610 Old National Hwy, College Park, GA 30349
      View Details
    • $360,000
      1,335 SF

      Versatile Office/Daycare in Atlanta

      Tenant-occupied, flexible space ideal for office or institutional use.
      5755 Stonewall Tell Rd, Atlanta, GA 30349
      View Details
    • $895,000
      23,822 SF

      Former School Building on 3.75 Acres

      23,822 SF former school on 3.75 acres for sale.
      5545 Stonewall Tell Rd, Atlanta, GA 30349
      View Details
    • Contact for pricing
      23,000 SF

      Adaptable School Building on Large Site

      23,822 SF building on 3.75 acres in South Fulton.
      5545 Stonewall Tell Rd, College Park, GA 30349
      View Details
    • Contact for pricing
      7,980 SF

      Leased Auto Repair Investment Opportunity

      Fully leased auto repair/dealership investment opportunity in College Park, GA.
      2319 Godby Rd, Atlanta, GA 30349
      View Details

    Similar Nearby for Sale

    • New
      $1,025,000
      4,017 SF

      College Park Commercial Investment Opportunity

      Income-producing commercial building in College Park, Georgia, for sale.
      5610 Old National Hwy, College Park, GA 30349
      View Details
    • $1,025,000

      Salon Suites Investment Opportunity

      Income-producing salon suites in College Park, Atlanta.
      5610 Old National Hwy, College Park, GA 30349
      View Details
    • $360,000
      1,335 SF

      Versatile Office/Daycare in Atlanta

      Tenant-occupied, flexible space ideal for office or institutional use.
      5755 Stonewall Tell Rd, Atlanta, GA 30349
      View Details
    • $895,000
      23,822 SF

      Former School Building on 3.75 Acres

      23,822 SF former school on 3.75 acres for sale.
      5545 Stonewall Tell Rd, Atlanta, GA 30349
      View Details
    • Contact for pricing
      23,000 SF

      Adaptable School Building on Large Site

      23,822 SF building on 3.75 acres in South Fulton.
      5545 Stonewall Tell Rd, College Park, GA 30349
      View Details
    • $6,500,000

      Retail Building in College Park

      Retail building with high visibility, ample parking, and strong traffic.
      5495 Old National Hwy, College Park, GA 30349
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Executive/Medical Office Space Available

      First floor office space with reception, conference, and breakroom.
      1580 Phoenix Blvd, Atlanta, GA 30349
      View Details
    • $8 SF/Yr
      66,924 SF

      College Park Restaurant - Great Location

      8,381 SF Restaurant, High Traffic Area
      5495 Old National Hwy, College Park, GA 30349
      View Details
    • Contact for pricing

      Office Space Near Interstate

      Second-floor office space with easy access and ample parking.
      1580 Phoenix Blvd, Atlanta, GA 30349
      View Details
    • $14 SF/Yr
      39,533 SF

      Atlanta Office Suite - Prime Location

      2,624 sq ft Office Space Available Now
      503 Oak Pl, Atlanta, GA 30349
      View Details
    • $15 SF/Yr
      27,556 SF

      Phoenix Parkway Office Space Available

      Office space available for lease in College Park, Georgia.
      1688 Phoenix Pkwy, College Park, GA 30349
      View Details
    • Contact for pricing

      Office Space Near Atlanta Airport

      Office space for rent, convenient airport and highway access.
      510 Plaza Dr, Atlanta, GA 30349
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5529 Old National Hwy
    College Park, GA 30349
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5529 Old National Hwy, College Park, GA, 30349
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!