We’ve negotiated this 🔥 HOT 🔥 Atlanta commercial – retail property for your real estate portfolio!
Atlanta, Georgia
SW Atlanta
Listings Stats
Published:
Dec 11, 2023
Last Edited:
Apr 25, 2024
Listing Type:
Wholesale
Listing Status:
No Longer Available
Number of Views:
880
Days On Flippery:
346
Number of Favorites:
0
The Numbers
Asking Price ($):
$0.00
Prev.Asking Price ($):
$515,000
After Repair Value:
$800,000
Est. Cost of Repairs:
$40,000
Est. Gross Profit:
$245,000
Description of Property
- Corner lot w/ high traffic & visibility
- 2,686 sq ft of retail operating space
- Additional storage/warehouse attached
- 1962 build
- Loading dock
- 0.27 acre lot w/ paved parking lot
- Currently owner occupied – Delivered vacant at closing
Annual taxes $3,851 (2022)
Description of Repairs
- All major systems are good
- Roof 8 yrs old
- HVAC serviced 2022 – Furnace needs coils
- Plan on facelift to suit your vision
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Access:Message Me
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Build Year:1962
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Home Area(sqft):2,686
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Heating:Furnace
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Fireplace:No
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Water:City
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Property Type:Retail
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Occupancy:Vacant
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Lot Size(acres):0.27
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Bathrooms:1
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Cooling:Central A/C
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Foundation:Slab
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Sewer:Public/City
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Parking:Parking Lot
The Numbers
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Asking Price ($):
$515,000$500,000 -
Est. Cost of Repairs:$40,000
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After Repair Value:$800,000
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ARV Price/Sq Ft:$297.84
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Est. Gross Profit/Equity:$245,000
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Price Negotiable?:Yes
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Purchase Option:Cash,
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Est. Mthly. Rental Rate:$5,000
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Rental Restrictions:No
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HOA:N/A
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Earnest Money Deposit:$5,000
Comparables
No info given
Property Inspection
-
Details:Message me
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