150 Ponce De Leon AveDecatur, GA 30030
- Office properties
- 84,248 SF
Property Details for 150 Ponce De Leon Ave
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 0.66 AC
- Property size (Sq ft)
- 84,248 SF
- Zone code
- X
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 15 246 04 097
- APU
- 1524604097
Description
This exceptional Decatur, Georgia executive office space offers a rare opportunity within the vibrant Decatur Town Center. Located at 150 E Ponce de Leon Ave, this property boasts a prime location directly across from the renowned Decatur Square, ensuring high visibility and accessibility. The building, constructed in 1985, comprises a total of 84,248 square feet and currently features multiple tenancies. A single, contiguous space of 2,585 square feet is immediately available, offering flexibility for businesses seeking a prominent presence. Smaller spaces are also divisible down to a minimum of 1,053 square feet, catering to a range of business needs. The property is situated within a nearly fully leased 180,000 square foot office park, at the corner of Ponce de Leon Ave and Clairmont Ave, providing a thriving and established business environment. This street-level retail space offers unparalleled exposure and is ideally suited for businesses seeking a high-traffic location in a desirable DeKalb County address, zip code 30030. The property's classification includes both retail and office space, making it versatile and adaptable to a variety of commercial uses. This is a unique chance to secure a well-positioned space in a highly sought-after area of Decatur.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $18,101,858
- 6.5%
- $16,709,408
- 7%
- $15,515,879
-
Comparable approach
- Method
- Valuation
- Relative Method
- $16,433,415
- Geo Method
- $16,433,415
-
Alternative Use
- Use
- Valuation
- Residential
- $20,719,666
- Hospitality
- $18,979,102
- Educational
- $15,790,391
- Medical
- $16,333,447
- Retail
- $24,562,830
Location Insight
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.7759
- Longitude
- -84.2953
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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