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2798 Glenlocke Cir NW - Home with Profitable Event Rental Space 2,405 SF Specialty Building Offered at $524,000 at a 4.77% Cap Rate in Atlanta, GA 30318

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Investment Highlights

  • Turf Yard Built for Entertainment and Filming
  • Sold with Tables and Chairs.
  • Profitable Event Space

Executive Summary

Buy or Lease Purchase from a motivated seller! An extraordinary Atlanta estate designed for luxury living and grand-scale entertaining! This stunning 4-bedroom, 3.5-bathroom home is located on the Upper Westside and close to all major Atlanta attractions. Huge, private, low-maintenance turf backyard has a convenient, separate full bathroom. For the savvy owner, this picturesque backyard has proven to be a lucrative asset, generating significant income with curated events. The marvel continues when you enter the home to a completely remodeled chef's kitchen that will delight culinary enthusiasts. Boasting top-of-the-line stainless steel appliances, including a wall oven and gas cooktop with a convenient pot filler. This kitchen combines functionality with elegant design. Gorgeous, seamless granite countertops and backsplash provide ample workspace for cooking gourmet meals, while the walk-in pantry and abundant custom cabinetry offer exceptional storage and organization. The kitchen opens to the two-story great room and an open, separate dining room that can go from comfortably seating 75 guests to a quiet movie night in front of the fireplace. The interior continues to impress with an open-concept layout featuring gleaming hardwood floors in the spacious and inviting separate dining room that can seat 12+.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $524,000
Price Per SF $217.88
Sale Type Investment or Owner User
Cap Rate 4.77%
Sale Condition Lease Option
Property Type
Specialty
  • Specialty Lodge Meeting Hall
  • Specialty Movie Radio TV Studio
Lot Size 0.23 AC
Building Size 2,405 SF
No. Stories 2
Year Built/Renovated 2005/2018
Parking Ratio 13.31/1,000 SF
Zoning R4

Amenities

  • Controlled Access
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
17-0257-LL-080-7
Land Assessment
$49,720
Improvements Assessment
$124,440
Total Assessment
$174,160
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 38560085

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 2798 Glenlocke Cir NW, Atlanta, GA 30318

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