3003 Chamblee Tucker Rd - Office FOR SALE


Atlanta, GA 30341- Embry Hills | 
$6,300,000 USD
770-718-7224
3003 Chamblee Tucker Rd, Atlanta, GA for Sale
$6,300,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

3003 Chamblee Tucker Rd
Atlanta, GA 30341
Embry Hills


HIGHLIGHTS

  • Existing approvals allow condominium conversion and townhome development.
  • Approximately 735 feet of frontage along Mercer University Drive.
  • Directly across from Mercer University's Atlanta campus.
  • Immediate access to Interstate 85 and Interstate 285.
  • Public water and sewer utilities are available on-site.
  • Flexible opportunity for renovation, repositioning, or redevelopment.

OVERVIEW

This ±5.2-acre commercial property presents a rare value-add and redevelopment opportunity in northeast Atlanta's Embry Hills submarket. The site includes an existing ±71,040-square-foot office building and benefits from approximately 735 feet of frontage along Mercer University Drive. The building has been substantially cleared internally, creating flexibility for a buyer seeking to renovate and reposition the asset or pursue a comprehensive redevelopment strategy. The property is currently zoned Office Institutional (OI), with existing approvals allowing conversion of the office structure to condominium use along with development of seven townhomes. Ownership is also pursuing a rezoning initiative for a larger townhome development concept, providing additional future-use potential. Public water and sewer service are available on-site, and the land is largely graded and developable, with a portion of the property containing preserved wooded area adjacent to North Fork Peachtree Creek. Positioned directly across from Mercer University's Atlanta campus, the property benefits from a highly accessible location with immediate connectivity to Interstate 85 and Interstate 285. Nearby MARTA rail stations at Chamblee and Doraville provide regional transit access, while Buckhead, Midtown Atlanta, Emory University, the CDC, and Central Perimeter employment centers are all within convenient reach. The surrounding area features established residential neighborhoods, retail destinations, dining venues, and institutional uses that contribute to long-term demand and redevelopment activity throughout the corridor.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three-Story Class B Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

271

LAND DETAILS

LAND ACRES

5.77 AC

LAND SF

251,341 SF

ZONING

OI

APN/PARCEL ID

18-266-05-014,18-283-04-001

ASK ABOUT THIS PROPERTY

Zach TibbsTenure Land GroupMore Info
770-718-7224

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Zach TibbsTenure Land GroupMore Info
770-718-7224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.