620 Gln Iris NE Dr Atlanta, GA 30308-2799
Property profile & analytics
620 Gln Iris NE Dr Atlanta, GA 30308-2799
- Commercial real estate
- 5,562 SF
- 0.13 lot acres
Property ID
US22-1872648
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.
Location Intelligence
Current Use by Public Records
- SCAR Alchemy-Global Medical & Camouflage Tattoo / Medical Clinic / Skin Care Clinic
- Soft Loft / (Bike/Boat/Book/etc) Store / Photography Service
- QDRO Benefits Firm / Law Firm
- Cru Lounge - Midtown / Bar & Pub / Nightclub
- Cultivate Real Estate LLC / Real Estate Agency
Property Details for 620 Gln Iris NE Dr
- Year built
- 2005
- Lot size
- 0.13 lot acres
- Property size
- 5,562 SF
- Zone code
- I2
- Property type
- Commercial real estate
- APN
- 14 004800121728
- APU
- 14004800121728
Description
This exceptional 75,000-square-foot retail space, zoned commercial, presents a unique investment opportunity in the heart of Midtown Atlanta. Situated on a 0.276-acre lot (APN: 14 004800121603, Fulton County), this single-tenant property boasts a prime location steps from major retailers like Home Depot and Whole Foods, adjacent to Ponce City Market and the Atlanta Beltline. The multi-level building features a stunning, recently completed build-out, with an estimated $600,000 invested in its creation. Currently configured as a restaurant and bar with seating for 45 and a 10-seat bar, the space includes a fully equipped, ventless kitchen capable of producing both small plates and full entrees, along with a POS system featuring three terminals. The property is open and operating, offering immediate income potential. However, the versatile space is easily adaptable for a variety of uses, including office space, studio space, or other professional uses. The sale includes two pricing options: $699,000 for the real estate and all assets (including furniture, fixtures, and equipment); or $75,000 for the furniture, fixtures, and equipment with a long-term lease at $7,500 per month (including additional charges). Business books and records are not available; however, the buyer could retain the existing name and concept under a franchise agreement.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,435,000
- ML approach
- $2,495,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,565,000 Current use
- RESTAURANT
- $3,025,000 Change: +93% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,515,000 Change: -3% Conversion: Difficult
- MEDICAL BUILDING
- $1,510,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3679
- Latitude
- 33.7714
- 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
$0.00
$510,600
$398,920
$909,520
-
$1,276,500
$997,300
$2,273,800
