2531 Gresham Rd SE, Atlanta, GA 30316 — Sale in Atlanta, GA

  • Price: $500K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Atlanta, GA 30316
  • Size: 20,000 SF
  • Year built: 1966

Investment Figures

Cap rate
10.00%
Price per square foot
$25
Price per unit
$250,000 across 2 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

3420 sqft of retail space off Exit #63 westbound and #62 eastbound, and .4 miles from Walmart Supercenter. Currently divided up into two spaces. See floor plans in pics. Plenty of parking. End unit space with property on the side of the building to build a fence and store work trucks or equipment. The interior has been recently updated. Painted and polished concrete floors. 4 finished bathrooms total. Updated HVAC units. Great opportunity for a small business to own their property with great street visibility. Average daily traffic count of 16,400 Building SF: 20000 | Land Size: 0.75 Ac | Year Built: 1966 | Listing Type: FOR SALE

Market Context

This retail in Atlanta, GA is listed for sale at $500,000 across 20,000 SF ($25/SF). It is offered at an approximate 10.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1966. It has been on the market for 71 days. Compare it against other retail listings for sale in Atlanta, GA — view the full market.

As of Q1 2026, the Atlanta retail market showed a 4.5% vacancy rate, average asking rents near $24.00/SF/yr, and cap rates around 7.1%. Source: multiple brokerage reports, Q1 2026.

Its 10.0% asking cap rate is above the Atlanta retail market average of about 7.1%, implying a higher yield (and typically more risk or upside) than comparable assets. Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Atlanta?
About 7.1% as of Q1 2026, per multiple brokerage reports.
Is the Atlanta retail market tightening or softening?
Vacancy is around 4.5% (Q1 2026).

Estimated Market Rate

$170.64/SF – $230.86/SF

Mid: $200.75/SF

Estimated total for 20,000 SF: $4,015,000 per year

Rate estimator only; cost-of-business estimate unavailable.

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