2918 Turner Hl RdStonecrest, GA 30038

Property Details for 2918 Turner Hl Rd

Year built

2001

Lot size

13.89 AC

Property size (Sq ft)

49,026 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

16 183 01 011

APU

1618301011

Description

This exceptional retail outparcel, situated on 0.72 acres at 2918 Turner Hill Road in Stonecrest, Georgia (zip code 30038), presents a unique investment opportunity within the Atlanta MSA. The property is classified as commercial retail with multiple tenancy potential. The total building square footage is currently listed as 1 square foot, indicating a potential for new construction or redevelopment. The expansive 0.72-acre lot provides ample space for a variety of retail uses. Its prime location on Turner Hill Road ensures high visibility and accessibility for potential customers. The property is located in DeKalb County, Georgia, offering access to a robust local market and strong infrastructure. This is an ideal site for entrepreneurs seeking to establish a new business or for investors looking to add a high-value asset to their portfolio. The property's size and location make it suitable for a range of retail concepts, from small shops to larger establishments. Further development plans can be tailored to meet specific business needs, maximizing the potential of this strategically positioned outparcel. The property's address is easily accessible and benefits from excellent visibility. This is a rare opportunity to acquire a well-situated retail property in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $15,484,863

  6.5%

  $14,293,720

  7%

  $13,272,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,098,790

  Geo Method

  $24,098,790

• Alternative Use

  Use

  Valuation

  Residential

  $12,057,287

  Hospitality

  $11,044,410

  Educational

  $9,188,820

  Medical

  $9,504,837

  Retail

  $14,293,720

Location Insight

City

Lithonia

County

Dekalb

State

Georgia

Latitude

33.698

Longitude

-84.0867

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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