912 Neal St, Atlanta, GA 30314
This exceptional 1,749-square-foot restaurant space, located at 912 Neal St NW in Atlanta, Georgia, presents a prime commercial opportunity. Currently vacant, this single-story building is priced at $585,000, or $334.48 per square foot. Built in 1965 and renovated in 2021, the property sits on a 0.13-acre lot and is zoned R5. The property features ample space for approximately eight parking spots. Detailed architectural and zoning plans are already in place, streamlining the process for conversion into a retail, restaurant, or bar establishment. Located in Atlanta's revitalizing Vine City/English Avenue neighborhood, this property benefits from its proximity to Mercedes-Benz Stadium, the Georgia World Congress Center, and several major universities, promising high foot traffic and visibility. The property is ready for immediate occupancy on August 27, 2024. This is a rare chance to acquire a property with significant upside potential in a rapidly growing area of Atlanta. The Fulton County property (APN: 14 011100070018) offers investors and business owners a unique chance to capitalize on the neighborhood's ongoing redevelopment and increasing appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.