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    Property profile & analytics

    7441 Mcelroy Dr, Unit Riverdale Riverdale, GA 30296

    • Investment properties
    • 1,300 SF
    • 0.92 lot acres
    For Sale
    View listing
    $280,000
    Value Estimation
    Location Intelligence
    Property ID
    US22-0121489
    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

    • Investment properties

    Property Details for 7441 Mcelroy Dr

    Year built
    1951
    Construction
    FRAME
    Lot size
    0.92 lot acres
    Property size
    1,300 SF
    Zone code
    GB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    13-183C- A-010
    APU
    13183CA010

    Description

    This exceptional 0.92-acre commercial property at 7441 McElroy Drive, Riverdale, GA, presents a compelling investment opportunity for developers and investors. Strategically located at the intersection of GA Highway 85 and GA Highway 138, this parcel is part of a larger 5.279-acre assemblage (including properties at 7471, 7423, and 7453 McElroy Road – see separate listings). The entire assemblage is zoned GB, allowing for permitted businesses (a list of permitted uses is available upon request). This property is not available for separate sale

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4163
    Latitude
    33.5518
    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
    $557
    $24,000
    $280
    $24,280
    -
    $60,000
    $700
    $60,700

    Comparable in this City

    • Value Estimation by Request
      1,566 SF

      862 Scott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,566 SF
      862 Scott Rd, Riverdale, GA 30296-1554
      View Details
    • Value Estimation by Request
      1,044 SF

      7453 Mcelroy Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,044 SF
      7453 Mcelroy Dr, Riverdale, GA 30296-1569
      View Details
    • Value Estimation
      $275,000
      1,104 SF

      1755 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,104 SF
      1755 Hwy 138th SW, Riverdale, GA 30296-1962
      View Details
    • Value Estimation by Request
      1,014 SF

      1139 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,014 SF
      1139 Hwy 138th SW, Riverdale, GA 30296
      View Details
    • Value Estimation
      $80,000
      1,066 SF

      1105 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,066 SF
      1105 Hwy 138th SW, Riverdale, GA 30296-1507
      View Details
    • Value Estimation by Request
      1,184 SF

      760 Scott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,184 SF
      760 Scott Rd, Riverdale, GA 30296-1552
      View Details

    Similar Nearby for Sale

    • $650,000
      5 SF

      5.1 Acre Development Opportunity

      5.1 acres prime for residential townhome development.
      7471 Mcelroy Dr, Riverdale, GA 30296
      View Details
    • $280,000
      5 SF

      5.1 Acre Development Opportunity

      5.1 acres prime location for transformative project.
      7441 Mcelroy Dr, Riverdale, GA 30296
      View Details
    • $275,000
      Pending

      All-Brick Duplex in Riverdale, GA

      Solid duplex with income potential in Riverdale, Georgia.
      6105 Fayetteville Dr E, Riverdale, GA 30296
      View Details
    • $800,000
      1.54 Acres

      South Fulton Retail Land

      High-traffic, C-1 zoned land.
      0 Jonesboro Rd & Old National Hwy, Riverdale, GA 30296
      View Details
    • Contact for pricing
      0.18 Acres

      Riverdale Cul-de-Sac Lot

      Prime lot in Riverdale's Sugarcreek neighborhood, ideal for building.
      Sugarcreek Way, Riverdale, GA 30296
      View Details
    • Contact for pricing
      0.54 Acres

      Riverdale Office Building with Flexibility

      Well-located office building suitable for various professional uses.
      948 Hwy 138 Hwy, Riverdale, GA 30296
      View Details
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    7441 Mcelroy Dr, Unit Riverdale
    Riverdale, GA 30296
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    Realmo Value Estimation

    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.

    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.

    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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