offering memorandum ...city atlanta, ga 30312 offering price $425,000 sale type owner-user or...
TRANSCRIPT
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Donna Smiley CBB, CCB, ABI, CNE
404.580.1265 Mobile
404.604.3100 Office
ADDRESS 360 Cameron Street SE
CITY Atlanta, GA 30312
OFFERING PRICE $425,000
SALE TYPE Owner-User or Redevelopment
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GROSS SF 5,001
LOT SIZE 0.11 Acres
YEAR BUILT 1959
ZONING R-5
DISCLAIMER: The information contained herein is not a substitute for a thorough due diligence investigation. The Broker has not made any investigation, and makes nowarranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, zoning & landuse, and the size and square footage of the property and improvements.
Located on a nearly 5000 square foot lot in a Grant Park surrounded by new
development such as Atlanta Dairies Project, this well maintained former
Baptist Church is perfect for small congregations. Constructed of brick and
handicap accessible, you’ll know this location is perfect for you as soon as you
step through the front doors. This meeting space was designed to
accommodate up to 200 people and comes complete with of a space for
Religious ceremonies, Baptism Pool, and 3 restrooms. On top of all this, you
will enjoy easy access to Interstate 20 for visitors who come from far away.
Child care nurseries, Day Care Center, Personal Care Home, and Rehabilitation
Centers is allowed with special permitting from the city.This property can also
be a redevelopment project for a developer currently zoned R-5 this property
could be converted SFR or Duplex.
o S e a t 2 0 0 +
o G r e a t f o r s m a l l c o n g r e g a t i o n
o B a p t i s m P o o l
o S o u n d R o o m
o N e w R o o f i n 2 0 2 0
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Inman Park Station
King Memorial Transit
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Grant Park is a residential district, known for its Victorian mansions and Craftsmanbungalows. Its namesake park is laced with walking trails and home to Zoo Atlanta,with popular panda and tiger exhibits. Nearby Oakland Cemetery has ornatemonuments and the graves of notable Atlantans, like “Gone With the Wind” writerMargaret Mitchell. Young locals gather on Memorial Drive for Tex Mex, noodles andpub fare.
1. Atlanta Zoo
2. Grant Park Conservancy
3. Ford Pavilion
4. Grant Park
5. Grant Park Rec Center
6. Atlanta Preservation Center
7. Grant Park Farmers Market
8. The Beacon
9. Eventide Brewing
10. The Burnett
11. Nicholas House
12. Kroger Marketplace
13. Six Feet Under Pub
14. Oakland Cemetery
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MEDIAN HH INCOME$65,345
PROPERTY VALUE$302,200
COMMUTE TIME25 Minutes
WORKFORCE256,891
BACHELOR’S DEGREE26,991
MEDIAN AGE33.2
POPULATION498,073
TOP OCCUPATIONManagement
TOP INDUSTRYProfessional
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Atlanta is the capital, most populous city of the U.S. state of Georgia. With an
estimated 2018 population of 498,044, it is also the 37th most populous city in
the United States. The city serves as the cultural and economic center of the
Atlanta metropolitan area, home to 5.9 million people and the ninth-largest
metropolitan area in the nation.
It ranks in the top twenty among world cities and 10th in the nation with a gross
domestic product (GDP) of $385 billion. Atlanta's economy is considered
diverse, with dominant sectors that include aerospace, transportation, logistics,
professional and business services, media operations, medical services, and
information technology. Atlanta has topographic features that include rolling
hills and dense tree coverage, earning it the nickname of "the city in a forest."
Revitalization of Atlanta's neighborhoods, initially spurred by the 1996 Summer
Olympics, has intensified in the 21st century, altering the city's demographics,
politics, aesthetics, and culture
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With a GDP of $385 billion, the Atlanta metropolitan area's economy is the
tenth-largest in the country and among the top 20-largest in the world.
Corporate operations play a major role in Atlanta's economy, as the city
claims the nation's third-largest concentration of Fortune 500 companies. It
also hosts the global headquarters of corporations like The Coca-Cola
Company, The Home Depot, Delta Air Lines, AT&T Mobility, Chick-fil-A, and
UPS. Over 75% of Fortune 1000 companies conduct business operations in
the city's metro area, and the region hosts offices of over 1,250 multinational
corporations. Many corporations are drawn to the city by its educated
workforce; as of 2014, 45% of adults aged 25 or older residing in the city have
at least 4-year college degrees, compared to the national average of 28%
Information technology—a business sector that includes publishing,
software development, entertainment and data processing—has
garnered a larger percentage of Atlanta's economic output. Atlanta
has, indeed, been nicknamed the "Silicon peach" thanks to its
burgeoning technology sector. As of 2013, Atlanta contains the fourth-
largest concentration of information technology jobs in the US,
numbering 85,000+. The city also is ranked as the sixth fastest-growing
community for information technology jobs, with an employment
growth of 4.8% in 2012 and a three-year growth near 9%, or 16,000
jobs. Information technology companies are drawn to Atlanta's lower
costs and educated workforce
FOR LOWEST COST OF DOING BUSINESS
FORTUNE 500 COMPANY HEADQUARTERS
JOBS TO BE CREATED BY 2040
HARTSFIELD-JACKSON ATLANTA
INTERNATIONAL AIRPORT
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ATLANTA BELTLINE: The Atlanta BeltLine is a sustainable redevelopment project that provides
a network of public parks, multi-use trails and transit along a historic 22-mile railroad corridor
circling downtown and connecting many neighborhoods directly to each other.
GEORGIA STATE UNIVERSITY: With 7 campuses in metro-Atlanta, the university provides its
world-class faculty and 53,000+ students with unsurpassed connections to the opportunities
available in one of the 21st century’s great global cities. A national leader in graduating students
from diverse backgrounds, Georgia State provides a rich experience with award-winning
housing, hundreds of student clubs and organizations, and one of the most diverse student
bodies in the country.
GRADY HOSPITAL: Grady’s mission is to improve the health of the community by providing
quality, comprehensive healthcare in a compassionate, culturally competent, ethical and
fiscally responsible manner. Grady maintains its commitment to the underserved of Fulton and
DeKalb counties, while also providing care for residents of metro Atlanta and Georgia. Grady
leads through its clinical excellence, innovative research and progressive medical education
and training.
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UNDERGROUND ATLANTA REDEVELOPMENT: The new vision of Underground will transform the
historic four-block radius into a sustainable community. Project includes student apartments,
affordable apartments, 190,000+ SF of retail and office space, a higher-density hotel and a
175,000 SF ecosystem that fosters creativity and supports Atlanta’s growing community of
makers and doers. Delivering late 2020.
MERCEDES-BENZ STADIUM: Mercedes-Benz Stadium serves as the home of the Atlanta Falcons
(NFL) and Atlanta United (MLS). Along with concerts previously held at the Georgia Dome, new
marquee events are hosted at the stadium including concerts, conventions and other sporting
events including Super Bowl LIII. Mercedes- Benz stadium has a capacity of 71,000 seats .
SUMMERHILL / GA AVENUE REDEVELOPMENT: Summerhill is the redevelopment of Atlanta’s
former Olympic stadium and surroundings, encompassing 80 acres adjacent to downtown
Atlanta with unrivaled access and visibility. The 19-block project represents a rare commodity
in Atlanta – a vibrant, walkable and authentic streetscape combining culture, entertainment,
and housing within a worldclass office ecosystem. Winner of GlobeSt. com’s 2019 ADAPT award
as the best economic restoration of a neighborhood’s former glory.
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OFFERING MEMORANDUM www.commercialrehelp.com
Donna Smiley CBB, CCB, ABI, CNE
404.580.1265 Mobile
404.604.3100 Office