150 Ponce De Leon AveDecatur, GA 30030

  • Office properties
  • 84,248 SF
For Lease

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
150 Ponce De Leon Ave, Decatur, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$57,224
$159,600
$5,160,400
$5,320,000
-
$399,000
$12,901,000
$13,300,000

FAQs

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