Property profile

912 Neal St Atlanta, GA 30314

OFF-MARKET
Retail properties & Spaces
Property ID
US22-4339926
1,749 SF 0.13 ac lot Built 1965
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Total area 1,749 SF
Lot 0.13 ac (5,663 SF)
UPID US22-4339926

Cap rate & NOI

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

Location

912 Neal St Atlanta, GA 30314
Atlanta metro
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Value estimations

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Owner & transaction history

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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