Property profile

855 Hwy 138th SW Riverdale, GA 30296

OFF-MARKET
Investment properties
Property ID
US22-1633777
720 SF 0.4 ac lot Built 1947
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.4-acre commercial lot, located at 855 Highway 138 SW in Riverdale, Georgia, presents a remarkable investment opportunity. Situated in a thriving area surrounded by established businesses and multi-family residential properties, this property boasts exceptional visibility and high traffic counts, making it ideal for a variety of commercial ventures. The versatile zoning allows for a wide range of development possibilities, including restaurants, fast-food establishments, gas stations, convenience stores, or car washes. The strategic location ensures easy access for customers and employees alike, capitalizing on the significant foot and vehicle traffic generated by the surrounding residential and commercial activity. This property offers significant potential for substantial returns on investment, given its prime location and the diverse range of suitable commercial uses. The land is ready for immediate development, presenting a unique chance to establish a successful business in a high-demand area. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The asking price is $85,000. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly growing market.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1947
Construction FRAME
Total area 720 SF
Lot 0.4 ac (17,380 SF)
Zoning code MX
APN 13-183C- A-003
UPID US22-1633777

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

855 Hwy 138th SW Riverdale, GA 30296-3362
Riverdale metro Census 40513 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2007
1 recorded transaction
2007
$20,000

Zoning & alternative use

MX · Riverdale, 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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