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    83 Walton St NW Atlanta, GA 30303
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    Property profile & analytics

    83 Walton St NW Atlanta, GA 30303


    • Office buildings
    • 21,484 SF
    • 0.09 lot acres
    Historic Downtown Atlanta Office Space For Lease
    $6,000/Mo

    Historic Downtown Atlanta Office Space

    Renovated historic building with flexible space in vibrant downtown location.

    83 Walton Street NW, Atlanta, GA 30303
    View Listing
    Property ID
    US22-1240507
    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.

    Value Estimations
    $3,690,000
    Cap Rate Potential
    8.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Iverson Studios & Salon Suites / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Phase 3 Marketing and Communications / Advertising Agency / Marketing & Advertising
    • Luxury Label Hair Co. / Cosmetic Store / Big Box & Wholesale Store
    • OBLA Atlanta / Loan Service
    • Hernandez Towing Company / Auto Repair Shop

    Property Details for 83 Walton St NW

    Year built
    1916
    Lot size
    0.09 lot acres
    Property size
    21,484 SF
    Zone code
    SPI1
    Property type
    Office buildings
    APN
    14 007800120277
    APU
    14007800120277

    Description

    This stunning, renovated 1916 building at 83 Walton Street NW in Atlanta's Fairlie-Poplar Historic District offers 4,000,000 dollars of prime commercial real estate. Listed on the National Register of Historic Places, this single building on a 0.092-acre lot boasts high wood-beam ceilings and exposed brick, reflecting its rich history as the former home of Capricorn Records. The building's versatile layout is ideal for medical offices or executive suites, catering to a variety of business needs. Its central downtown location provides unparalleled access to top-tier universities like Georgia State University and Georgia Tech, ensuring a strong talent pool. The surrounding area is vibrant, with renowned restaurants and major attractions such as the College Football Hall of Fame and Georgia Aquarium within easy reach. This exceptional property presents a unique opportunity to own a piece of Atlanta's history while enjoying a prime commercial location. The building was originally known as The Massell Building and designed by architect Lodwick J. Hill, Jr.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,770,000
      ML approach
      $3,735,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,115,000
      6.5%
      $4,720,000
      7%
      $4,385,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,030,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $5,845,000
      Change: +16% Conversion: Difficult
      MEDICAL BUILDING
      $5,840,000
      Change: +16% Conversion: Easy
      AUTO REPAIR, GARAGE
      $5,455,000
      Change: +8% Conversion: Difficult
      RETAIL STORES
      $4,820,000
      Change: -4% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $4,790,000
      Change: -5% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.391
    Latitude
    33.7569
    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
    $60,552
    $162,000
    $1,143,000
    $1,305,000
    -
    $405,000
    $2,857,500
    $3,262,500
    View Listing
    More about this property
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