1485 Highway 138Conyers, GA 30013

  • Strip malls
  • 83,552 SF

Property Details for 1485 Highway 138

Year built
1978
Lot size
6.09 AC
Property size (Sq ft)
83,552 SF
Zone code
GVUV
Property type
Strip malls
Property subtype
Neighborhood centers
APN
075-0-01-0077
APU
750010077

Description

Conyers Crossing, located at 1485 Hwy 138 SE in Conyers, Georgia (zip code 30013), offers a prime retail opportunity in Rockdale County. This multi-tenant retail center boasts a total of 170,475 square feet and currently has one available space ranging from 1 to 83,552 square feet, providing flexibility for various business needs. The center enjoys exceptional visibility and prominent store frontage along Highway 138 SE, enhanced by five convenient ingress/egress points for easy access. Conyers Crossing benefits from a high traffic count, evidenced by a visit frequency of 3.12, attracting a loyal customer base. The center is anchored by a strong lineup of national and regional tenants including Burlington, Hobby Lobby, Rainbow, and Burger King, ensuring a vibrant and successful retail environment. This location provides excellent exposure to a diverse community, making it an ideal opportunity for businesses seeking high visibility and strong customer traffic in a well-established retail center. The property's strategic location and tenant mix create a compelling investment opportunity for businesses looking to establish or expand their presence in the thriving Conyers market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,139,800
    6.5%
    $18,590,600
    7%
    $17,262,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,949,600
    Geo Method
    $16,949,600
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $35,807,800
    Mixed-Use / Specialty
    $18,704,400
    Hospitality / Lodging
    $13,957,300
    Office
    $18,780,900
    Institutional / Educational
    $19,509,400
    Residential Income
    $22,826,000
    Multifamily
    $26,377,900
    Automotive / Energy
    $16,722,400
    Parking / Income-Based Land
    $5,592,750
    Restaurant / Food Service
    $10,112,700
    Healthcare / Senior Housing
    $18,996,300

Location Insight

City
Conyers
County
Rockdale
State
Georgia
Latitude
33.6519
Longitude
-84.0096
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$85,760
$1,018,640
$516,880
$1,535,520
-
$2,546,600
$1,292,200
$3,838,800

FAQs

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