2521 Metropolitan PkwyAtlanta, GA 30315
- Retail properties
- 4,224 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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