3001 Stonecrest PromenadeStonecrest, GA 30038

Property Details for 3001 Stonecrest Promenade

Year built

2005

Lot size

5.50 AC

Property size (Sq ft)

44,640 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

16 170 01 046

APU

1617001046

Description

This exceptional free-standing retail building, located at 3001 Stonecrest Promenade in Stonecrest, Georgia (zip code 30038), offers a significant opportunity for businesses seeking a substantial presence in a thriving DeKalb County market. The entire 89,193 square foot building is currently vacant, presenting a unique chance to occupy the entire space or potentially subdivide it. The minimum divisible space is 44,553 square feet, while the maximum contiguous space available is 44,640 square feet. This flexibility allows for a wide range of business models and expansion plans. Situated on a generous 5.5-acre lot, the property provides ample parking and visibility. The building's prime location in Lithonia, GA, ensures high traffic volume and excellent accessibility. This is an ideal opportunity for a single large tenant or multiple smaller tenants seeking a prominent location in a rapidly growing area. The property is classified as a commercial retail space with multiple tenancy options. Serious inquiries are encouraged to explore the possibilities of this expansive and versatile retail property. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $14,099,545

  6.5%

  $13,014,965

  7%

  $12,085,324

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,942,846

  Geo Method

  $21,942,846

• Alternative Use

  Use

  Valuation

  Residential

  $10,978,610

  Hospitality

  $10,056,347

  Educational

  $8,366,763

  Medical

  $8,654,509

  Retail

  $13,014,965

Location Insight

City

Lithonia

County

Dekalb

State

Georgia

Latitude

33.6951

Longitude

-84.0968

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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