5495 Old National HwyCollege Park, GA 30349
- Retail properties
- 15,650 SF
Property Details for 5495 Old National Hwy
- Year built
- 1985
- Lot size
- 13.19 AC
- Property size (Sq ft)
- 15,650 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 13 0093 LL1505
- APU
- 130093LL1505
Description
This exceptional 8,381 square foot restaurant is ideally situated in the South Fulton submarket of College Park, Georgia, at 5495 Old National Highway, zip code 30349. The property is a single-tenant space within a larger 66,924 square foot shopping center. Its prime location along the heavily trafficked Old National Highway ensures high visibility and accessibility for customers. The convenient proximity to the airport further enhances its appeal, attracting a diverse clientele. This presents a unique opportunity for a restaurant operator seeking a well-established location with significant foot traffic and easy access for both local residents and travelers. The property's size offers ample space for a variety of restaurant concepts, from casual dining to upscale establishments. The building is part of a larger shopping center, providing additional benefits such as shared parking and potential synergy with neighboring businesses. This turnkey restaurant space is ready for immediate occupancy, offering a significant advantage for a quick start-up or expansion. The property's location in the thriving South Fulton submarket of College Park, Georgia, promises strong potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,926,162
- 6.5%
- $2,701,072
- 7%
- $2,508,138
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,692,776
- Geo Method
- $7,692,776
-
Alternative Use
- Use
- Valuation
- Residential
- $2,278,456
- Hospitality
- $2,087,053
- Educational
- $1,736,404
- Medical
- $1,796,121
- Retail
- $2,701,072
Location Insight
- City
- South Fulton
- County
- Fulton
- State
- Georgia
- Latitude
- 33.6061
- Longitude
- -84.4735
- 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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