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Mayfair Royal 181 14th St NE

29,493 SF 52% Leased Office Building Atlanta, GA 30309 $7,225,000 ($245/SF) 4.51% Cap Rate

Investment Highlights

  • Redevelopment opportunity in the heart of Atlanta.

Executive Summary

Unique Owner/User or Redevelopment Opportunity.

Attachments

Mayfair OM

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
29,493 SF
Building Class
B
Year Built
1991
Price
$7,225,000
Price Per SF
$245
Cap Rate
4.51%
NOI
$326,000
Percent Leased
52%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,008 SF
Slab To Slab
10’
Building FAR
3.02
Lot Size
0.22 AC
Zoning
SPI-16 - Special Public Interest
Parking
72 Spaces (2.8 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 150
  • 2,287 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 200
  • 6,008 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Fl-Ste 300
  • 6,008 SF
  • Office
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 150 2,287 SF Office - Now
2nd Fl-Ste 200 6,008 SF Office Partial Build-Out Now
3rd Fl-Ste 300 6,008 SF Office Partial Build-Out Now

1st Fl-Ste 150

Size
2,287 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 200

Size
6,008 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 300

Size
6,008 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 150

Size 2,287 SF
Space Use Office
Condition -
Available Now

2nd Fl-Ste 200

Size 6,008 SF
Space Use Office
Condition Partial Build-Out
Available Now

3rd Fl-Ste 300

Size 6,008 SF
Space Use Office
Condition Partial Build-Out
Available Now

Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-0106-0006-471-4
Land Assessment
$300,000
Improvements Assessment
$1,100,000
Total Assessment
$1,400,000
  • Listing ID: 31680718

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 181 14th St NE, Atlanta, GA 30309

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