1130 Hairston RdStone Mountain, GA 30088

  • Retail properties
  • 2,699 SF
For Lease

Property Details for 1130 Hairston Rd

Year built
1985
Construction
WOOD FRAME
Lot size
0.79 AC
Property size (Sq ft)
2,699 SF
Zone code
C1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
15 224 03 003
APU
1522403003

Description

This exceptional 0.79-acre commercial outparcel, located at 1130 S Hairston Rd in Stone Mountain, Georgia (zip code 30088), presents a unique investment opportunity. The property features a 2,699 square foot single-tenant building constructed in 1985, currently occupied by a Pizza Hut franchisee. The building sits on a 0.792-acre lot with 225 feet of frontage, offering excellent visibility and accessibility. The property is zoned C-1, aligning with the Local Commercial District regulations. The parcel's location adjacent to South Hairston Road provides high traffic exposure and significant potential for redevelopment or continued operation as a restaurant. The property's Assessed Parcel Number (APN) is 15 224 03 003. The entire building of 2,699 square feet is currently vacant. This presents a blank canvas for a variety of commercial uses, subject to local zoning regulations. The site's strategic location and ample space make it an ideal candidate for a business seeking high visibility and convenient access for customers. Investors should consider the property's potential within the context of the local comprehensive development plan. This is a single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $852,479
    6.5%
    $786,904
    7%
    $730,696
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,326,697
    Geo Method
    $1,326,697
  • Alternative Use

    Use
    Valuation
    Residential
    $663,783
    Hospitality
    $608,022
    Educational
    $505,867
    Medical
    $523,264
    Retail
    $786,904
1130 Hairston Rd, Stone Mountain, Georgia

Location Insight

City
Stone Mountain
County
Dekalb
State
Georgia
Latitude
33.7633
Longitude
-84.196
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
2024
$10,290
$143,000
$69,534
$212,534
-
$357,500
$173,835
$531,335

FAQs

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