Property profile

777 Oak St SW Atlanta, GA 30310

FOR LEASE
Warehouses
Property ID
US22-0813459
10,457 SF 0.39 ac lot Built 1955
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This 200-square-foot Class B commercial kitchen, located at 777 Oak St SW, Atlanta, GA 30310, is perfect for food entrepreneurs seeking a high-demand market. Situated near Morehouse College, Clark Atlanta University, and Spelman College, this single-tenant space offers unparalleled access to a large student population with high delivery demand. The property's strategic location near major Atlanta freeways ensures efficient deliveries. The kitchen boasts a walk-in cooler for streamlined operations and a secure lockable lobby with a delivery window, enhancing safety, especially during late-night hours. Features include a private kitchen, driver pickup area, staff locker area, restrooms, mop wash area, cold and freezer storage, and dry storage. This turnkey solution is perfect for startups, personal chefs, caterers, food trucks, single-location operators, and expanding national chains. The space is currently vacant and ready for immediate occupancy. This is an exceptional opportunity to establish or expand a food business in a high-traffic, student-dense area with optimized delivery logistics.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1955
Construction WOOD
Total area 10,457 SF
Lot 0.39 ac (16,945 SF)
Zoning code C3
APN 14 010800070823
UPID US22-0813459

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
  • Restaurant
  • Restaurant
  • Restaurant
  • Restaurant
  • Restaurant Take-out & Catering

Location

777 Oak St SW Atlanta, GA 30310
Atlanta metro Census 4200 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$345k

Owner & transaction history

since 2019
7 recorded transactions
2020
Price N/A
2019
$795,000
2018
Price N/A
2016
Price N/A
2016
$1.4M
2008
Price N/A
2008
$275,000

Zoning & alternative use

C3 · 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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