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    Property profile & analytics

    7453 Mcelroy Dr, Unit Riverdale Riverdale, GA 30296

    • Investment properties
    • 1,044 SF
    • 0.92 lot acres
    For Sale
    View listing
    $280,000
    Value Estimation
    Last Sale
    Apr 15, 2022
    Location Intelligence
    Property ID
    US22-0965165
    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 7453 Mcelroy Dr

    Year built
    1955
    Construction
    FRAME
    Lot size
    0.92 lot acres
    Property size
    1,044 SF
    Zone code
    GB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    13-183C- A-009
    APU
    13183CA009

    Description

    This exceptional 0.92-acre commercial property, located at 7453 McElroy Drive in Riverdale, Georgia, presents a compelling investment opportunity for developers and investors. Boasting 39,988 square feet, this property is part of a larger 5.279-acre assemblage situated at the strategic intersection of GA Highway 85 and GA Highway 138. The current zoning is General Business (GB), allowing for a variety of permitted uses. The site's prime location offers excellent visibility and accessibility, making it ideal for a range of commercial ventures. This property is being offered as part of a larger parcel

    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
    33.5515
    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
    $947
    $24,000
    $280
    $24,280
    -
    $60,000
    $700
    $60,700

    Comparable in this City

    • Value Estimation by Request
      792 SF

      842 Scott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 792 SF
      842 Scott Rd, Riverdale, GA 30296-1554
      View Details
    • Value Estimation
      $255,000
      2,296 SF

      1225 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 2,296 SF
      1225 Hwy 138th SW, Riverdale, GA 30296-1437
      View Details
    • Value Estimation
      $210,000
      1,374 SF

      1030 Scott Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,374 SF
      1030 Scott Rd, Riverdale, GA 30296-1558
      View Details
    • Value Estimation by Request
      1,242 SF

      1125 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,242 SF
      1125 Hwy 138th SW, Riverdale, GA 30296-1507
      View Details
    • Value Estimation by Request
      1,744 SF

      1106 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,744 SF
      1106 Hwy 138th SW, Riverdale, GA 30296-1508
      View Details
    • Value Estimation by Request
      1,253 SF

      1311 Hwy 138th SW

      OFFICE/RESIDENTIAL (MIXED USE) • 1,253 SF
      1311 Hwy 138th SW, Riverdale, GA 30296-1403
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Premium lot in Riverdale's desirable Sugarcreek neighborhood.
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    7453 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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