Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    56 17Th St Atlanta, GA 30309
    Back to Search
    Property profile & analytics

    56 17Th St Atlanta, GA 30309

    View on Map
    • Commercial real estate
    • 0.12 lot acres
    Off-Market
    Property ID
    US22-0552373
    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

    • American Process International LLC / Engineering Consultant

    Property Details for 56 17Th St

    Year built
    1914
    Lot size
    0.12 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional three-story commercial office building, situated in the heart of Midtown Atlanta, at the edge of Ansley Park, presents a unique investment opportunity. Built in 1914, this 0.115-acre property boasts a charming entry porch leading to a bright reception area. The main floor offers an open layout with dedicated office spaces, waiting areas, a conference room, and a kitchenette. Upstairs, the second floor includes four private offices, a bathroom, and access to a finished attic for ample storage. A full lower level, accessible from both inside and outside, features a full kitchen, a bathroom, and flexible-use rooms. Parking is provided by 4-5 reserved spaces at the rear, supplemented by permitted street parking. The property's zoning allows for diverse uses, whether maintaining the existing office space or pursuing new development. This is a rare chance to acquire a distinctive property in a highly desirable Atlanta location. The asking price is $2,100,000.

    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
    Atlanta
    County
    Fulton - GA
    State
    Georgia
    Longitude
    -84.3856005
    Latitude
    33.7931056

    Comparable in this City

    • Contact for pricing
      Pending

      Luxurious Midtown Atlanta Condo

      Resort-style living with amazing views and high-end finishes.
      40 12Th St NE, Atlanta, GA 30309
      View Details
    • Contact for pricing

      Midtown Condo with City Views

      Updated 12th-floor condo with city views and resort-style amenities.
      950 W Peachtree St NW, Atlanta, GA 30309
      View Details
    • Contact for pricing

      Atlanta Specialty Property For Sale

      Specialty property available for purchase in Atlanta, Georgia.
      1136 Crescent Ave NE, Atlanta, GA 30309
      View Details
    • Contact for pricing

      Atlanta Specialty Property For Sale

      Specialty property available for purchase in Atlanta, Georgia.
      116 Bennett St, Atlanta, GA 30309
      View Details
    • New
      $900,000
      0.26 Acres

      Versatile Multi-Family Atlanta Residence

      Multi-family residence with conversion potential in a sought-after location.
      88 26Th St NW, Atlanta, GA 30309
      View Details
    • New
      $1,950,000
      0.18 Acres

      Midtown Atlanta Multifamily Investment Opportunity

      Eight-unit income property in Midtown Atlanta with historic charm.
      887 Myrtle St NE, Atlanta, GA 30309
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Luxurious Midtown Atlanta Condo

      Resort-style living with amazing views and high-end finishes.
      40 12Th St NE, Atlanta, GA 30309
      View Details
    • Contact for pricing

      Midtown Condo with City Views

      Updated 12th-floor condo with city views and resort-style amenities.
      950 W Peachtree St NW, Atlanta, GA 30309
      View Details
    • Contact for pricing

      Atlanta Specialty Property For Sale

      Specialty property available for purchase in Atlanta, Georgia.
      1136 Crescent Ave NE, Atlanta, GA 30309
      View Details
    • Contact for pricing

      Atlanta Specialty Property For Sale

      Specialty property available for purchase in Atlanta, Georgia.
      116 Bennett St, Atlanta, GA 30309
      View Details
    • New
      $900,000
      0.26 Acres

      Versatile Multi-Family Atlanta Residence

      Multi-family residence with conversion potential in a sought-after location.
      88 26Th St NW, Atlanta, GA 30309
      View Details
    • New
      $1,950,000
      0.18 Acres

      Midtown Atlanta Multifamily Investment Opportunity

      Eight-unit income property in Midtown Atlanta with historic charm.
      887 Myrtle St NE, Atlanta, GA 30309
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      63,000 SF

      Boutique Office Building on Peachtree

      Boutique office building with skyline views and convenient access.
      1819 Peachtree Rd, Atlanta, GA 30309
      View Details
    • Contact for pricing
      86,618 SF

      Office Space in Midtown Atlanta

      86,618 SF office space available for lease.
      811 Peachtree St Northeast, Atlanta, GA 30309
      View Details
    • Contact for pricing
      4,881 SF

      Midtown Atlanta Office Sublease

      Class A office space in Colony Square, available immediately.
      1201 Peachtree St NE, Atlanta, GA 30309
      View Details
    • Contact for pricing

      GA, Atlanta - 1372 Peachtree

      Workspaces, services and support to help you grow your business in GA, Atlanta - 1372 Peachtree
      1372 Peachtree St, Atlanta, GA 30309
      View Details
    • Contact for pricing
      1,946 SF

      Office Space on Peachtree Street

      Office space available for lease in Atlanta, GA.
      1230 Peachtree St NE, Atlanta, GA 30309
      View Details
    • $23 SF/Yr
      3,107 SF

      Prime Location Office Space Available

      Office space for rent in a highly desirable location.
      181 14Th St Northeast, Atlanta, GA 30309
      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.
    56 17Th St
    Atlanta, GA 30309
    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
    56 17Th St, Atlanta, GA, 30309
    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!