Property profile

620 Peachtree NE St Atlanta, GA 30308

OFF-MARKET
Commercial real estate
Property ID
US22-1973814
6,758 SF 0.16 ac lot Built 1965
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 620 Peachtree Street NE in Atlanta, Georgia offers 7,000 square feet of vacant retail and restaurant space. Located in the vibrant Midtown Atlanta area, this Class B building boasts a prime location with direct frontage on Peachtree Street, ensuring high visibility and foot traffic. Built in 1965, the property is situated in Fulton County and features multiple tenancy options, making it ideal for a variety of businesses. The space is divisible, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 5,500 square feet, providing flexibility for tenants seeking different sizes. The entire 7,000 square feet is currently available. This presents a unique opportunity for businesses seeking a high-profile location in one of Atlanta's most sought-after neighborhoods. The property's address is 620 Peachtree Street NE, Atlanta, GA 30308. This is a rare chance to secure a prominent retail or restaurant space in the heart of Midtown. The property's excellent location and flexible space options make it an attractive investment for businesses looking to establish or expand their presence in this dynamic market.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1965
Total area 6,758 SF
Lot 0.16 ac (6,752 SF)
Zoning code SPI2
APN 14 004900082952
UPID US22-1973814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Title Company
  • Big Box & Wholesale Store
  • Cosmetic Store Big Box & Wholesale Store
  • Employment Agency
  • Limousine Service

Location

620 Peachtree NE St Atlanta, GA 30308-2313
Atlanta metro Census 1205 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
$1.27M
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2017
Last sale
$1.6M
7 recorded transactions
2017
Price N/A
2006
$299,900
2006
$150,000
2005
Price N/A
2005
$280,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

SPI2 · Atlanta, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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