483 Moreland AveAtlanta, GA 30307

Property Details for 483 Moreland Ave

Year built

1950

Lot size

0.16 AC

Property size (Sq ft)

5,979 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

15 240 03 013

APU

1524003013

Description

This vibrant 5,952 square foot retail property, located at 483 Moreland Avenue in Atlanta, Georgia's Little Five Points neighborhood, presents a unique investment opportunity. Currently featuring multiple tenants, 2,071 square feet of retail space is immediately available for lease. The building is situated in Fulton County, zip code 30307, offering excellent visibility and accessibility within a bustling commercial district. This prime location benefits from high foot traffic and proximity to various amenities, making it ideal for a variety of retail businesses. The existing structure provides a solid foundation for a new tenant to establish a thriving enterprise. The available space offers ample room for customization and adaptation to suit specific business needs. With its strategic location in the heart of Little Five Points, this property offers exceptional potential for growth and profitability. The property's total square footage is 5,952 square feet, indicating a substantial presence within the neighborhood. Serious inquiries are encouraged to explore this exciting opportunity to secure a prominent retail space in a highly sought-after Atlanta location. The property's address is easily accessible and benefits from strong local visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,208,558

  6.5%

  $1,115,592

  7%

  $1,035,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,938,984

  Geo Method

  $2,938,984

• Alternative Use

  Use

  Valuation

  Residential

  $941,043

  Hospitality

  $861,991

  Educational

  $717,166

  Medical

  $741,831

  Retail

  $1,115,592

Location Insight

City

Atlanta

County

Dekalb

State

Georgia

Latitude

33.7675

Longitude

-84.3487

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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