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Property Location

1849 Howell Mill Road NW, Atlanta GA 30318

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List Price $2,800,000

Units 1

Price / Unit $2,800,000

Est. Year 1 Cash Flow $-162,114 after debt service

1849 Howell Mill Road NW Atlanta, GA 30318

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Premier Commercial Land Opportunity in the Heart of West Midtown Unlock the potential of this prime 0.87-acre commercial lot, perfectly positioned at the bustling intersection of Howell Mill Road and Interstate 75. With high visibility, heavy traffic counts, and seamless access to major highways, this site offers an unparalleled opportunity for businesses looking to establish a strong presence in one of Atlanta’s most dynamic and rapidly expanding districts. Strategic Location & Unmatched Growth Potential Zoned C1, this property is ideal for a variety of commercial developments, including retail, office spaces, mixed-use projects, or upscale dining establishments. The surrounding area is booming with premium restaurants, boutique shopping, and vibrant nightlife, making it a prime destination for both local and visiting consumers. West Midtown continues to experience exponential growth, driven by ongoing urban revitalization, new residential developments, and increasing demand for high-quality commercial spaces. A Walkable, Pedestrian-Friendly Hub Designed for convenience and accessibility, the neighborhood features wide sidewalks, dedicated bike lanes, and a pedestrian-friendly atmosphere, catering to the growing demand for walkable urban spaces. Whether you’re envisioning a trendy retail plaza, a modern office complex, or an innovative mixed-use development, this property offers the perfect foundation for your vision to thrive. Proximity to Atlanta’s Landmarks & Attractions Adding to its appeal, this property is located just one mile from the historic Bobby Jones Golf Course, a beloved destination for recreation and leisure. Additionally, with its close proximity to downtown Atlanta, businesses will benefit from the city’s strong economic environment, thriving tourism, and diverse customer base. Invest in the Future of West Midtown Opportunities like this are rare—a strategically positioned commercial lot in one of Atlanta’s hottest submarkets with unlimited potential for growth and success. Don't miss your chance to secure a valuable piece of real estate in one of the city's most sought-after business districts. Contact us today to learn more and take the first step toward making this prime commercial property yours!

Investment Notes — Atlanta

Located in the Atlanta, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $2,800,000 Verified

 Est. Year 1 Cash Flow  $-162,114  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

51%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Atlanta. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7534372 · Listing courtesy of Keller Williams Realty Atl Partners, KISHA KEY · 678-252-1900

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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