83 Walton StAtlanta, GA 30303

Property Details for 83 Walton St

Year built

1916

Lot size

0.09 AC

Property size (Sq ft)

21,484 SF

Zone code

SPI1

Property type

Office buildings

APN

14 007800120277

APU

14007800120277

Description

This stunning, renovated 1916 building at 83 Walton Street NW in Atlanta's Fairlie-Poplar Historic District offers 4,000,000 dollars of prime commercial real estate. Listed on the National Register of Historic Places, this single building on a 0.092-acre lot boasts high wood-beam ceilings and exposed brick, reflecting its rich history as the former home of Capricorn Records. The building's versatile layout is ideal for medical offices or executive suites, catering to a variety of business needs. Its central downtown location provides unparalleled access to top-tier universities like Georgia State University and Georgia Tech, ensuring a strong talent pool. The surrounding area is vibrant, with renowned restaurants and major attractions such as the College Football Hall of Fame and Georgia Aquarium within easy reach. This exceptional property presents a unique opportunity to own a piece of Atlanta's history while enjoying a prime commercial location. The building was originally known as The Massell Building and designed by architect Lodwick J. Hill, Jr.

• CAP approach

  CAP return

  Valuation

  6%

  $3,348,070

  6.5%

  $3,090,520

  7%

  $2,869,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,190,670

  Geo Method

  $4,190,670

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,805,480

  Retail / Commercial

  $3,348,680

  Mixed-Use / Specialty

  $3,225,530

  Hospitality / Lodging

  $2,221,670

  Institutional / Educational

  $3,313,500

  Residential Income

  $3,876,790

  Multifamily

  $5,266,180

  Automotive / Energy

  $2,840,140

  Parking / Income-Based Land

  $1,089,980

  Restaurant / Food Service

  $1,440,260

  Healthcare / Senior Housing

  $3,421,770

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7569

Longitude

-84.391

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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