893 Hairston RdStone Mountain, GA 30083

  • Retail properties
  • 2,000 SF
For Sale
$420,000 View listing

Property Details for 893 Hairston Rd

Year built
1979
Construction
WOOD FRAME
Lot size
0.69 AC
Property size (Sq ft)
2,000 SF
Zone code
C2
Property type
Retail properties
Property subtype
Turn key restaurants
APN
18 072 06 004
APU
1807206004

Description

This established American Deli franchise in Stone Mountain, Georgia, is offered for sale at $420,000. The 2,000 square foot, single-story building is located at 893 N Hairston Rd, 30083, on a main road offering excellent visibility and accessibility. The sale includes all furniture, fixtures, and equipment. Recent improvements include a new air conditioning system and exhaust fan. The business operates under a NNN lease with a franchisee tenant. A drive-thru system is in place, enhancing operational efficiency and customer convenience. SBA loan financing is available for qualified buyers, and owner training is provided. This is an owner/user investment opportunity with significant potential for continued growth and profitability. The property is situated in DeKalb County and boasts a prime location for attracting customers. Please note that contacting staff, management, the landlord, or the business owner is strictly prohibited. This is a turnkey operation ready for a new owner to step in and continue its success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $631,700
    6.5%
    $583,108
    7%
    $541,457
  • Comparable approach

    Method
    Valuation
    Relative Method
    $983,102
    Geo Method
    $983,102
  • Alternative Use

    Use
    Valuation
    Residential
    $491,873
    Hospitality
    $450,553
    Educational
    $374,855
    Medical
    $387,747
    Retail
    $583,108
893 Hairston Rd, Stone Mountain, Georgia

Location Insight

City
Stone Mountain
County
Dekalb
State
Georgia
Latitude
33.8035
Longitude
-84.1933
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
$14,607
$102,160
$217,840
$320,000
-
$255,400
$544,600
$800,000

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