3171 Peachtree RdAtlanta, GA 30305

Property Details for 3171 Peachtree Rd

Year built

1946

Construction

WOOD

Lot size

0.93 AC

Property size (Sq ft)

20,850 SF

Zone code

C3

Property type

Retail space

APN

17 006100050153

APU

17006100050153

Description

This exceptional two-story, 20,850-square-foot retail storefront at 3171 Peachtree Rd NE, Atlanta, GA 30305, is situated in the heart of Buckhead Village. Boasting a prominent location on Peachtree Street at a signalized intersection, this property offers unparalleled visibility and high pedestrian traffic, with approximately 40,000 vehicles passing daily. The 0.93-acre lot features a V-shape billboard on the roof, maximizing advertising potential. Currently undergoing a facade upgrade and base building overhaul, this redevelopment project is designed for multi-tenant retail and/or commercial use. The building's unique architectural design allows for distinctive branding opportunities. Located within the City of Atlanta's SPI-9 zoning overlay district, the property benefits from flexible entitlements, permitting a mix of uses and allowing for up to 225 feet in building height with a maximum floor area ratio of 8.2, should vertical development be pursued. This represents one of the last remaining high-rise development sites in Buckhead Village, a vibrant neighborhood known for its world-class dining, boutique retail, and numerous amenities. The surrounding area boasts over 22 million square feet of Class A office space and over 7 million square feet of retail space generating $3 billion in annual sales. This property presents a rare opportunity for investors and tenants seeking a high-impact presence in one of Atlanta's most desirable locations. The Fulton County APN is 17006100050153.

• CAP approach

  CAP return

  Valuation

  6%

  $7,967,763

  6.5%

  $7,354,858

  7%

  $6,829,512

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,591,391

  Geo Method

  $10,248,843

• Alternative Use

  Use

  Valuation

  Residential

  $6,204,098

  Hospitality

  $5,682,920

  Educational

  $4,728,123

  Medical

  $4,890,730

  Retail

  $7,354,858

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.8405

Longitude

-84.3753

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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