2087 Piedmont RdAtlanta, GA 30324

Property Details for 2087 Piedmont Rd

Year built

1950

Lot size

0.34 AC

Property size (Sq ft)

4,856 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

17 004900060316

APU

17004900060316

Description

This exceptional ±6,726 square foot freestanding retail building is situated on a ±0.34-acre lot at 2087 Piedmont Road NE in Atlanta, Georgia (zip code 30324), within the desirable Morningside-Lenox Park neighborhood, near the Cheshire Bridge intersection. The property boasts a main building with approximately 4,008 square feet on the upper level and 2,418 square feet on the terrace level, plus an additional approximately 300 square foot block building at the rear. Currently vacant and in shell condition, this property offers an open floor plan, providing a blank canvas for customization to suit a wide range of commercial uses. The building's design may allow for the addition of a rooftop patio or another level. The property includes a prominent monument sign and ample parking for 20 vehicles. Its location benefits from high visibility, with approximately 44,000 vehicles passing daily, and is directly across from a new 392-unit residential development currently under construction. The property is zoned MRC-2-C, permitting mixed residential and commercial uses. The asking price is $1,995,000, translating to $320 per square foot. The property features one unit across two buildings and two stories. The Fulton County APN is 17 004900060316. This is a unique opportunity to acquire a prime retail space in a thriving Atlanta neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,855,705

  6.5%

  $1,712,959

  7%

  $1,590,605

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,466,753

  Geo Method

  $2,386,973

• Alternative Use

  Use

  Valuation

  Residential

  $1,444,945

  Hospitality

  $1,323,562

  Educational

  $1,101,188

  Medical

  $1,139,059

  Retail

  $1,712,959

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.8122

Longitude

-84.3662

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].