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    Property profile & analytics

    5953 Buford Hwy NE, Unit 208 Doraville, GA 30340

    • Turn key restaurants
    • 1,566 SF
    • 0.04 lot acres
    For Lease
    View listing
    $2,500 /Mo
    Last Sale
    Feb 12, 2025
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1599721
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 5953 Buford Hwy NE

    Year built
    2004
    Lot size
    0.04 lot acres
    Property size
    1,566 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    18 337 09 046
    APU
    1833709046

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $402,000
      Market price range: $403k - $1.47M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $850,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Doraville
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2617
    Latitude
    33.9128
    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
    2024
    $5,421
    $8,564
    $109,516
    $118,080
    -
    $21,411
    $273,789
    $295,200

    Comparable in this City

    • Value Estimation
      $1,830,000
      3,964 SF

      5632 Buford NE Hwy

      RESTAURANT • 3,964 SF
      5632 Buford NE Hwy, Doraville, GA 30340-1224
      View Details
    • Value Estimation
      $2,335,000
      4,436 SF

      4008 Pleasantdale Rd

      RESTAURANT • 4,436 SF
      4008 Pleasantdale Rd, Atlanta, GA 30340
      View Details
    • Value Estimation
      $2,940,000
      3,840 SF

      5884 Buford NE Hwy

      RESTAURANT • 3,840 SF
      5884 Buford NE Hwy, Doraville, GA 30340-2422
      View Details
    • Value Estimation
      $515,000
      1,704 SF

      5463 Buford NE Hwy

      RESTAURANT • 1,704 SF
      5463 Buford NE Hwy, Atlanta, GA 30340
      View Details
    • Value Estimation
      $6,210,000
      5,642 SF

      5881 Buford NE Hwy

      RESTAURANT • 5,642 SF
      5881 Buford NE Hwy, Atlanta, GA 30340-2421
      View Details
    • Value Estimation
      $600,000
      2,413 SF

      5220 Buford NE Hwy

      RESTAURANT • 2,413 SF
      5220 Buford NE Hwy, Atlanta, GA 30340-1107
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.49 Acres

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    Similar Nearby for Lease

    • $13 SF/Yr
      15,360 SF

      Atlanta Office Space for Lease

      Prime Atlanta Office Suites Available
      3772 Pleasantdale Rd, Atlanta, GA 30340
      View Details
    • $396 /Mo
      3,600 SF

      Doraville Retail Space - Buford Hwy

      Prime Retail/Office, 3600 sq ft, 1.5 acres
      5145 Buford Hwy, Doraville, GA 30340
      View Details
    • $13 SF/Yr

      High-Traffic Atlanta Corridor Flex Space

      Industrial flex and retail spaces in high-traffic Atlanta corridor.
      5891 New Peachtree Rd, Atlanta, GA 30340
      View Details
    • $2,500 /Mo
      1,568 SF

      Renovated Retail/Medical Space in Doraville

      Move-in ready, renovated commercial suite in high-traffic Doraville location.
      5953 Buford Hwy NE, Doraville, GA 30340
      View Details
    • $2,800 /Mo
      1,673 SF

      Versatile Retail/Office Space Available

      2962 SF retail/office space in vibrant Doraville location.
      5953 Buford Hwy NE, Atlanta, GA 30340
      View Details
    • $2,800 /Mo
      24,814 SF

      Doraville Retail/Office Space Available

      Versatile retail/office space in a vibrant Doraville location.
      5953 Buford Hwy Unit, Doraville, GA 30340
      View Details
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    Doraville, GA 30340
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    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
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