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    57 Forsyth NW St Atlanta, GA 30303-2229
    Property profile & analytics

    57 Forsyth NW St Atlanta, GA 30303-2229


    • Office Spaces
    • 11,088 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Oct 3, 2022
    Property ID
    US22-0788375
    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
    $2,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lighthouse Consulting, LLC / Business Management Consultant
    • VINTAGE The BARBER SHOP / Barber Shop
    • Andre Sailers Sr & Associates / Law Firm
    • Evolutions Web Hosting / Data Center / IT Consulting Firm
    • Pink Maison Showroom / Clothing & Fashion Store

    Property Details for 57 Forsyth NW St

    Year built
    1913
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    11,088 SF
    Zone code
    SPI1
    Property type
    Office Spaces
    APN
    14 007800121036
    APU
    14007800121036

    Description

    The Healey Building, a 58,000 square foot, three-story building located at 57 Forsyth St NW in Atlanta, GA 30303, offers unique office and retail opportunities. Built in 1913 and renovated in 2020, this Class B property boasts 10-foot ceilings and is situated on one acre of land in the Fairley Poplar submarket cluster. The building is listed on the National Register of Historic Places and provides street-level exposure with high foot traffic. Multiple tenancy options are available, with spaces ranging from 800 to 9,000 contiguous square feet, and a minimum divisible space of 800 square feet. Its prime location offers proximity to Georgia State University's Aderhold Learning Center, the Rialto Theatre, the GSU School of Music, and major downtown Atlanta tourist attractions and hotels. The building's versatile space is ideal for traditional or creative office uses, and also includes restaurant space. This property presents a fantastic live/work/play experience in the heart of downtown Atlanta and is located within a Federal Opportunity Zone. The building offers nine available spaces.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,640,000
      6.5%
      $2,435,000
      7%
      $2,265,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,595,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,020,000
      Change: +16% Conversion: Difficult
      MEDICAL BUILDING
      $3,015,000
      Change: +16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,815,000
      Change: +8% Conversion: Difficult
      RETAIL STORES
      $2,485,000
      Change: -4% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $2,470,000
      Change: -5% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3897
    Latitude
    33.7559
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $50,082
    $598,760
    $480,600
    $1,079,360
    -
    $1,496,900
    $1,201,500
    $2,698,400
    More about this property
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