633 Antone StAtlanta, GA 30318
- Office properties
- 6,560 SF
Property Details for 633 Antone St
- Year built
- 1961
- Lot size
- 0.39 AC
- Property size (Sq ft)
- 6,560 SF
- Zone code
- I1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 17 015200070425
- APU
- 17015200070425
Description
This exceptional Class A creative office property, located at 633 Antone Street NW in Atlanta, Georgia, presents a unique owner-user investment opportunity. The property consists of two connected buildings totaling 6,000 square feet, situated on a 0.4-acre lot in the vibrant Upper Westside/Midtown area. The buildings feature exposed high ceilings and large windows, creating a bright and inspiring workspace. Currently, one building is occupied by a single tenant under a net-net lease expiring October 31, 2025, representing 33% occupancy. The lease commenced October 1, 2024, with a remaining term of approximately one year. The property is zoned I-1 and offers ample parking, with 21 spaces per 1,000 square feet. Its prime location offers easy access to major transportation routes, including I-75, and is within close proximity to a variety of dining, shopping, and entertainment options. The asking price for this exceptional property is $2,375,000. This is an ideal opportunity for a business seeking a unique and well-located space to own and operate. The property's blend of historic charm and modern updates makes it a highly desirable asset in a thriving Atlanta neighborhood. The two buildings are connected by a common demising wall, offering flexibility for expansion or multi-tenant use.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,445,248
- 6.5%
- $1,334,075
- 7%
- $1,238,784
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,100,648
- Geo Method
- $1,279,594
-
Alternative Use
- Use
- Valuation
- Residential
- $1,654,253
- Hospitality
- $1,515,287
- Educational
- $1,260,701
- Medical
- $1,304,058
- Retail
- $1,961,091
Location Insight
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Latitude
- 33.7991
- Longitude
- -84.409
- 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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