5495 Old National HwyCollege Park, GA 30349

  • Retail properties
  • 15,650 SF
For Lease
$8.50/SF/YR View listing

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
5495 Old National Hwy, College Park, Georgia

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

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
-
$656,280
$2,003,720
$2,660,000
-
$1,640,700
$5,009,300
$6,650,000

FAQs

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