1 / 5

Property Location

515 Whitehall Street SW, Atlanta GA 30303

Interactive Map

Open in Google Maps →

List Price $1,499,000

Units 1

Price / Unit $1,499,000

Est. Year 1 Cash Flow $-82,230 after debt service

515 Whitehall Street SW Atlanta, GA 30303

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

ACTIVE

A prime development opportunity in one of Atlanta’s fastest-rising corridors, surrounded by major anchors like the BeltLine, Downtown, Mercedes-Benz Stadium, and multiple transit routes. This property sits in a high-growth zone ideal for mixed-use, residential, or long-term investment. Previously issued (now expired) plans and permits supported a 4-story, 30-unit mixed-use building with roughly 32,000 sq ft of heated space. Current zoning allows expansion up to approximately 45,000 sq ft if you choose to maximize the building rights. A rare chance to step directly into a proven development path with strong fundamentals and exceptional location upside. Let your vision capitalize on one of the most strategically positioned sites in the city.

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 $1,499,000 Verified

 Est. Year 1 Cash Flow  $-82,230  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

46%

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: 7813245 · Listing courtesy of Wynd Realty, LLC, Ailone Tichon · 404-933-4017

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

FMLS · Updated Daily

Featured Agent