Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    738 Ponce De Leon Ave NE Atlanta, GA 30306

    • Retail space
    • 10,645 SF
    • 1.30 lot acres
    For Sale
    View listing
    Last Sale
    Dec 03, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1557598
    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

    • Retail space

    Property Details for 738 Ponce De Leon Ave NE

    Year built
    1955
    Lot size
    1.30 lot acres
    Property size
    10,645 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    14 001700080731
    APU
    14001700080731

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,070,000
      6.5%
      $1,910,000
      7%
      $1,770,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,390,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,895,000
      Change: +21% Conversion: Moderate
      MEDICAL BUILDING
      $2,895,000
      Change: +21% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,705,000
      Change: +13% Conversion: Difficult
      OFFICE BUILDING
      $2,490,000
      Change: +4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3631
    Latitude
    33.7743
    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
    $1,295,080
    $919,560
    $2,214,640
    -
    $3,237,700
    $2,298,900
    $5,536,600

    Comparable in this City

    • Value Estimation
      $3,005,000
      29,450 SF

      630 Highland NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 29,450 SF
      630 Highland NE Ave, Atlanta, GA 30306-4541
      View Details
    • Value Estimation by Request
      3,668 SF

      1056 Highland NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,668 SF
      1056 Highland NE Ave, Atlanta, GA 30306-3551
      View Details
    • Value Estimation by Request
      3,300 SF

      730 Barnett NE St

      RETAIL STORES (PERSONAL SERVICES) • 3,300 SF
      730 Barnett NE St, Atlanta, GA 30306-4291
      View Details
    • Value Estimation by Request
      24,651 SF

      1395 Highland NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 24,651 SF
      1395 Highland NE Ave, Atlanta, GA 30306
      View Details
    • Value Estimation by Request
      3,315 SF

      1019 Virginia NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,315 SF
      1019 Virginia NE Ave, Atlanta, GA 30306-3523
      View Details
    • Value Estimation
      $550,000
      5,225 SF

      832 Highland NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,225 SF
      832 Highland NE Ave, Atlanta, GA 30306-4507
      View Details

    Similar Nearby for Sale

    • $1,050,000
      2,640 SF

      Virginia Highland Multifamily Investment Property

      Well-maintained, fully occupied 6-unit building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details
    • $1,450,000
      Pending

      Spacious Craftsman Duplex in Atlanta

      Expansive Craftsman duplex in Poncey-Highland, Atlanta with skyline views.
      631 Linwood Ave NE, Atlanta, GA 30306
      View Details
    • $925,000
      Pending

      Duplex in Desirable Druid Hills

      Fully leased duplex near Emory University with strong income potential.
      1536 Beech Valley Way NE, Atlanta, GA 30306
      View Details
    • Contact for pricing

      Atlanta Specialty Property For Sale

      Specialty property available for purchase in Atlanta, Georgia.
      590 Bonaventure Ave NE, Atlanta, GA 30306
      View Details
    • $289,900
      800 SF

      Beltline Facing One Bedroom Unit

      One bedroom unit on the Beltline with modern amenities.
      821 Ralph Mcgill Blvd, Atlanta, GA 30306
      View Details
    • $830,000
      0.17 Acres

      Updated Duplex in Prime Midtown

      Renovated duplex in Morningside, Atlanta, near Piedmont Park.
      1269 N Highland Ave NE, Atlanta, GA 30306
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Restaurant Space Available

      Ground floor commercial space in Atlanta's Old Fourth Ward.
      828 Ralph Mcgill Blvd NE, Atlanta, GA 30306
      View Details
    • Contact for pricing

      Telephone Factory Lofts

      Live / Work Space Located Directly On The Beltline
      828 Ralph Mcgill Blvd UNIT W01, Atlanta, GA 30306
      View Details
    • Contact for pricing

      Office Space Available for Lease

      Office space for lease at 725 Ponce De Leon Ave NE.
      725 Ponce De Leon Ave NE, Atlanta, GA 30306
      View Details
    • Contact for pricing
      39,398 SF

      Modern Office Tower on BeltLine

      372,000 SF office tower with BeltLine access.
      725 Ponce De Leon Ave NE, Atlanta, GA 30306
      View Details
    • $1,575 /Mo

      Renovated Warehouse/Flex Space in Atlanta

      1,000 SF warehouse/flex space in Morningside/Lenox Park District.
      1178 Zonolite Pl NE, Atlanta, GA 30306
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    738 Ponce De Leon Ave NE
    Atlanta, GA 30306
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!