404 Ontario AveAtlanta, GA 30310

Property Details for 404 Ontario Ave

Year built

1948

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

3,796 SF

Zone code

C1

Property type

Day care centers & nurseries

APN

14 014900080476

APU

14014900080476

Description

This exceptional 0.21-acre commercial land parcel presents a unique investment opportunity in Atlanta's vibrant West End neighborhood. Boasting 160 feet of frontage on West Ontario Avenue SW, this property is ideally situated for a variety of commercial uses, thanks to its C-1 zoning. Its strategic location offers unparalleled access to major transportation arteries, including proximity to I-20 at MLK Jr Drive, placing it within easy reach of the city's extensive highway network. Furthermore, the property is conveniently located just half a mile from the Westside BeltLine Trail, providing excellent connectivity to Atlanta's popular greenway system and fostering a desirable environment for businesses and employees. The surrounding area is rich with established amenities and attractions, including the renowned Lee + White mixed-use development, the prestigious Atlanta University Center, The Met, and West End Mall, ensuring high foot traffic and a thriving commercial landscape. This property's combination of prime location, desirable zoning, and convenient access to key transportation routes and local attractions makes it an exceptional opportunity for developers and investors seeking a foothold in one of Atlanta's most dynamic neighborhoods. The address is 404 W Ontario Ave SW, Atlanta, GA 30310.

• CAP approach

  CAP return

  Valuation

  6%

  $510,228

  6.5%

  $470,980

  7%

  $437,338

• Comparable approach

  Method

  Valuation

  Relative Method

  $851,515

  Geo Method

  $851,515

• Alternative Use

  Use

  Valuation

  Residential

  $597,458

  Hospitality

  $547,268

  Educational

  $455,321

  Medical

  $470,980

  Retail

  $708,277

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7443

Longitude

-84.4394

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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