4661 Shallowford RdAtlanta, GA 30338

Property Details for 4661 Shallowford Rd

Year built

1999

Lot size

1.10 AC

Property size (Sq ft)

4,943 SF

Zone code

X

Property type

Office properties

Property subtype

Office buildings

APN

18 352 03 028

APU

1835203028

Description

This exceptional 5,445-square-foot office building presents a compelling investment opportunity in a prime North Atlanta location. Situated on a 1.1-acre lot at 4661 N Shallowford Rd, Atlanta, GA 30338, this single-story, Class C building offers significant potential. Built in 1999, the property features a full, unfinished basement, adding substantial usable space to the main level's 3,774 square feet. The main level boasts nine large offices, a conference room, a server/utility room, a separate kitchen area, and a spacious open flex area. Ample parking is provided with 13 regular spaces and 2 handicap-accessible spaces. Recent improvements include three new HVAC units (2021) and a new roof (2018). Currently vacant, this property is ideal for a variety of uses, including medical practices, general offices, or religious organizations. Its convenient location offers quick access to major roadways, making it attractive for businesses seeking expansion, relocation, or a new start. The asking price is $1,750,000, translating to $321.40 per square foot. The property is offered with a gross lease type. This is a fantastic opportunity to acquire a well-maintained, versatile commercial property in a high-traffic area of Dekalb County. The property is currently undergoing a refresh, including cleaning, new light bulbs, and ceiling tiles.

• CAP approach

  CAP return

  Valuation

  6%

  $1,285,002

  6.5%

  $1,186,155

  7%

  $1,101,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $996,408

  Geo Method

  $303,401

• Alternative Use

  Use

  Valuation

  Residential

  $1,470,832

  Hospitality

  $1,347,275

  Educational

  $1,120,917

  Medical

  $1,159,467

  Retail

  $1,743,648

Location Insight

City

Atlanta

County

Dekalb

State

Georgia

Latitude

33.9286

Longitude

-84.3123

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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