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    OFF-MARKET
    Commercial real estate

    912 Neal St, Atlanta, GA 30314

    1,749 SF 0.13 ac lot Built 1965
    Property ID
    US22-4339926
    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 Commercial real estate
    Year built 1965
    Total area 1,749 SF
    Lot 0.13 ac (5,663 SF)
    APN 14 011100070018
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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