893 Hairston RdStone Mountain, GA 30083
- Retail properties
- 2,000 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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