150 Ponce De Leon AveDecatur, GA 30030

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 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.

• 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

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