5430 New Northside DrAtlanta, GA 30339

  • Retail space
  • 6,228 SF
For Lease
$21/SF/YR View listing

Property Details for 5430 New Northside Dr

Year built
1998
Lot size
0.31 AC
Property size (Sq ft)
6,228 SF
Zone code
C1
Property type
Retail space
APN
17 0205 LL0750
APU
170205LL0750

Description

This exceptional 6,228-square-foot commercial property, located at 5430 New Northside Drive in Atlanta, Georgia, offers a unique blend of retail, office, and restaurant possibilities. The building, constructed in 1998, is a Class B, two-story structure with 18 parking spaces. Currently, 1,850 square feet are available for lease in a single-tenant configuration. The property boasts a prime location in the Cumberland submarket of Northwest Atlanta, near the intersection of Powers Ferry Road, with excellent visibility and high traffic counts exceeding 18,000 cars daily. Signage opportunities are available. The building features convenient front-door parking, ensuring easy access for clients and employees. Security features include a double-door vestibule. The interior includes attractive office spaces with glass fronts. The property's strategic location provides easy access to major thoroughfares, including Interstates 285 and 75. Nearby amenities include a Publix grocery store, CVS pharmacy, dry cleaner, UPS shipping center, restaurants, bars, and a liquor store, enhancing the convenience and appeal of this location. The property is zoned for commercial use and is situated in Fulton County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,016,994
    6.5%
    $1,861,840
    7%
    $1,728,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,633,261
    Geo Method
    $3,061,381
  • Alternative Use

    Use
    Valuation
    Residential
    $1,570,532
    Hospitality
    $1,438,599
    Educational
    $1,196,897
    Medical
    $1,238,060
    Retail
    $1,861,840

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.9046
Longitude
-84.4296
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
$15,285
$352,960
$188,560
$541,520
-
$882,400
$471,400
$1,353,800

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