828 Mcdonough BlvdAtlanta, GA 30315

Property Details for 828 Mcdonough Blvd

Year built

1972

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

5,913 SF

Zone code

C1

Property type

Retail space

APN

14 000800080906

APU

14000800080906

Description

This exceptional street retail property, located at 828 McDonough Avenue in Southeast Atlanta, presents a fantastic investment opportunity. The 4,578 square foot building sits on a 1.03-acre corner lot at a busy three-way intersection, ensuring high visibility and substantial foot traffic. Built in 1972, the property features one building with multiple suites, currently offering two available spaces ideal for retail or office use. Utilities are already connected, including water, electricity, and sewer, simplifying the setup for new tenants. The open floor plan allows for flexible configurations, and the ample natural daylight creates a welcoming atmosphere. The property benefits from excellent signage opportunities, further enhancing its visibility. An adjacent barber shop adds to the existing commercial activity in the immediate vicinity. The C1 zoning provides flexibility for a variety of uses. The property's location on Moreland Avenue and its Fulton County APN is 14-00008-0008-090-6. While some light renovation may be desired, this property offers significant potential for immediate return on investment due to its prime location and high traffic count. Don't miss this chance to acquire a well-situated retail space in a thriving Atlanta neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $998,456

  6.5%

  $921,651

  7%

  $855,819

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,199,530

  Geo Method

  $1,199,530

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,873,060

  Mixed-Use / Specialty

  $887,756

  Hospitality / Lodging

  $611,465

  Office

  $850,599

  Institutional / Educational

  $911,968

  Residential Income

  $1,067,000

  Multifamily

  $1,449,400

  Automotive / Energy

  $781,687

  Parking / Income-Based Land

  $299,993

  Restaurant / Food Service

  $396,401

  Healthcare / Senior Housing

  $941,767

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7094

Longitude

-84.3595

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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