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899 Martin Luther King Jr Dr 4,000 SF Vacant Retail Building Atlanta, GA 30314 $895,000 ($223.75/SF) 4.89% Cap Rate
Executive Summary
Two retail/food service and one recording studio spaces. Liquor License in place with possible negotiable terms outside of building sale. Kitchen facilities included- last long-term tenant was a sports bar
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
1930/2009
Price
$895,000
Price Per SF
$223.75
Cap Rate
4.89%
NOI
$43,750
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C3
Frontage
43’ on Martin Luther King Blvd
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-0110-0008-064-6 | Improvements Assessment | $393,360 |
| Land Assessment | $43,520 | Total Assessment | $436,880 |
Property Taxes
Parcel Number
14-0110-0008-064-6
Land Assessment
$43,520
Improvements Assessment
$393,360
Total Assessment
$436,880
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899 Martin Luther King Jr Dr
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