1469 Campbellton RdAtlanta, GA 30311

  • Grocery and convenience stores
  • 3,393 SF
For Sale
$900,000 View listing

Property Details for 1469 Campbellton Rd

Year built
1967
Lot size
0.43 AC
Property size (Sq ft)
3,393 SF
Zone code
I1
Property type
Grocery and convenience stores
APN
14 013600010106
APU
14013600010106

Description

This exceptional value-add opportunity presents a 3,393 square foot free-standing convenience store located at 1469 Campbellton Rd SW, Atlanta, GA 30311. Boasting a strong 6.67% cap rate and a $60,000 NOI, this single-tenant property offers significant investment potential. The credit-rated tenant operates a well-established business, offering a diverse range of products including lottery tickets, coffee, alcoholic beverages, and various food and beverage items. The property benefits from a convenient location within walking distance of a MARTA station, providing excellent accessibility for customers. Its strategic positioning near I-20 and Highway 166 ensures high visibility and easy access for commuters. Built in 1967, the property features 15 parking spaces and is zoned I1. The tenant is planning to extend their lease and is currently in the process of leasing an attached restaurant space, promising additional future income streams. This in-town opportunity resides within the Campbellton Rd TAD district, presenting a compelling investment prospect with a gross lease structure. The asking price is $900,000, translating to $265.25 per square foot. This property is a rare find, combining strong tenant history, prime location, and substantial growth potential. Don't miss this chance to acquire a high-performing retail asset in a thriving Atlanta market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $685,840
    6.5%
    $633,083
    7%
    $587,863
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,667,833
    Geo Method
    $1,667,833
  • Alternative Use

    Use
    Valuation
    Residential
    $534,029
    Hospitality
    $489,168
    Educational
    $406,982
    Medical
    $420,979
    Retail
    $633,083

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.714
Longitude
-84.4366
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
2023
$12,975
$101,920
$211,480
$313,400
-
$254,800
$528,700
$783,500

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