3372 Memorial DrDecatur, GA 30032

Property Details for 3372 Memorial Dr

Year built

1960

Construction

WOOD FRAME

Lot size

0.91 AC

Property size (Sq ft)

13,676 SF

Zone code

C1

Property type

Retail properties

Property subtype

Outlet malls

APN

15 201 12 031

APU

1520112031

Description

This Decatur, Georgia retail property, located at 3372 Memorial Drive, offers 13,700 square feet of versatile space. The building is situated in the desirable Decatur submarket of Atlanta, within DeKalb County (zip code 30032). Currently, there are three available spaces ranging from 2,500 to 5,000 square feet, ideal for various retail businesses. The property boasts excellent visibility from Memorial Drive and Candler Road, enhanced by a large street-view billboard. Ample parking is available for employees and customers. The building features abundant natural light and modern amenities. Two of the available spaces are each 5,000 square feet. Tenants are responsible for electricity. This location provides a strong storefront presence on a busy thoroughfare, making it an excellent opportunity for businesses seeking high visibility and convenient access. The property is categorized as street retail in a stand-alone building, suitable for multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $4,319,565

  6.5%

  $3,987,291

  7%

  $3,702,484

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,722,454

  Geo Method

  $6,722,454

• Alternative Use

  Use

  Valuation

  Residential

  $3,363,429

  Hospitality

  $3,080,883

  Educational

  $2,563,258

  Medical

  $2,651,413

  Retail

  $3,987,291

Location Insight

City

Decatur

County

Dekalb

State

Georgia

Latitude

33.7515

Longitude

-84.274

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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