765 North Ave NE

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765 North Ave NE

Atlanta, GA 30306
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Eastside Beltline Development Site | Adaptive Reuse Warehouse | ±1.0 AC | ±18,300 SF <ul><li>​±1.0 Acre corner parcel at the intersection of North Ave NE & Somerset Terrace </li><li>​Vacant ±18,300 SF warehouse with 18’ clear heights </li><li>​Located directly off the Atlanta Beltline Eastside Trail</li><li>​Steps from Ponce City Market and New City’s Fourth Ward developments</li><li>​Fantastic retail visibility on corner parcel on North Ave with two access points</li><li>​Site ideal for ground-up development into mixed-use, residential, retail, or hospitality</li><li>​Former At

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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