2521 Metropolitan PkwyAtlanta, GA 30315

  • Retail properties
  • 4,224 SF
For Lease

Property Details for 2521 Metropolitan Pkwy

Year built
1985
Construction
WOOD
Lot size
0.46 AC
Property size (Sq ft)
4,224 SF
Zone code
C2
Property type
Retail properties
Property subtype
Parking lots & garages
APN
14 010100020296
APU
14010100020296

Description

This exceptional 1.5-acre ground lease opportunity is located at 2521 Metropolitan Pkwy SW in Atlanta, Georgia, within Fulton County. The property boasts a highly visible corner location at the intersection of Metropolitan Pkwy and Perkerson Rd, ensuring significant exposure to a substantial volume of daily traffic. Zoned C2, this flat, paved lot is ideally suited for a variety of retail uses, particularly quick-service restaurants or national retailers seeking a prominent presence in a bustling area. The site's size offers ample space for development, catering to businesses requiring significant footprint. The property is conveniently situated near a MARTA station, providing easy access to public transportation for both employees and customers. The asking price is negotiable. This is a rare chance to secure a prime retail location in a thriving Atlanta market. The property is classified as Class B. While the building square footage is currently zero, this ground lease presents a blank canvas for a new construction project. The lot size is approximately 1.5 acres. Multiple tenants are possible.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $853,813
    6.5%
    $788,135
    7%
    $731,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,076,312
    Geo Method
    $2,076,312
  • Alternative Use

    Use
    Valuation
    Residential
    $664,821
    Hospitality
    $608,973
    Educational
    $506,658
    Medical
    $524,083
    Retail
    $788,135
2521 Metropolitan Pkwy, Atlanta, Georgia

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.6862
Longitude
-84.4086
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
$2,653
$63,040
$1,040
$64,080
-
$157,600
$2,600
$160,200

FAQs

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