5529 Old National Hwy, College Park, GA 30349
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.