Property profile

6504 Church St Riverdale, GA 30274

OFF-MARKET
Strip malls
Property ID
US22-1427803
6,750 SF 1.41 ac lot Built 1963
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents two single-story buildings totaling 12,121 square feet, situated at 6504 Church St in Riverdale, Georgia (zip code 30274). Built in 1970, this property, known as Andy's Plaza, offers a mix of office and retail spaces, ideal for a variety of professional or medical businesses. The thirteen suites boast direct and private entrances, ensuring privacy and convenience for tenants. High visibility monument signage and exclusive parking are key features, enhancing the property's appeal and accessibility. Suites range from a minimum of 600 square feet to a maximum contiguous space of 3,600 square feet, providing flexibility for businesses of various sizes. The property is zoned C and features ample parking. Its location in Riverdale, GA offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The property's competitive rental rates make it a financially sound investment. The property's parcel number is 13138D F015. This is a rare opportunity to acquire a well-maintained, strategically located property with significant potential for growth and return on investment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Total area 6,750 SF
Lot 1.41 ac (61,420 SF)
Zoning code C
APN 13-138D- F-015
UPID US22-1427803

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
  • Wedding Service Photography Service
  • Recording Studio
  • Department Store Shopping Center & Mall
  • Counselor
  • Clothing Supplier

Location

6504 Church St Riverdale, GA 30274-2100
Riverdale metro Census 40512 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$917k
Blend (final) Blend
$295k

Owner & transaction history

since 2017
2 recorded transactions
2017
$103,000
2006
Price N/A

Zoning & alternative use

C · Riverdale, 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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