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    OFF-MARKET
    Bars & Pubs

    5529 Old National Hwy, College Park, GA 30349

    1.07 ac lot Built 1965
    Property ID
    US22-0204811
    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 Bars & Pubs
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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