5950 Hugh Howell RdStone Mountain, GA 30087

Property Details for 5950 Hugh Howell Rd

Year built

1976

Construction

WOOD FRAME

Lot size

0.95 AC

Property size (Sq ft)

5,042 SF

Zone code

NS

Property type

Retail properties

Property subtype

Retail space

APN

18 174 02 044

APU

1817402044

Description

Smoke Rise Plaza, located at 5950 Hugh Howell Rd in Stone Mountain, GA 30087, presents a prime retail opportunity. This single-story, 5,250 square foot strip center, built in 1976, sits on a 0.95-acre lot and offers excellent visibility and accessibility. The property features a convenient wrap-around drive-thru, ensuring ease of access for customers. Its location on a busy intersection provides high street traffic and prominent visibility, maximizing exposure for tenants. Enjoy stunning views of Stone Mountain, enhancing the overall appeal of the location. Currently, there are three suites in total, with one 1,600 square foot space immediately available for lease. The minimum divisible space is 1,600 square feet, and the maximum contiguous space available is also 1,600 square feet. The property is serviced by GA Power. This location offers exceptional convenience due to its close proximity to major highways, ensuring easy access for both customers and employees. This is an ideal opportunity for businesses seeking high visibility and convenient access in a thriving Stone Mountain submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $1,592,516

  6.5%

  $1,470,015

  7%

  $1,365,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,478,401

  Geo Method

  $2,478,401

• Alternative Use

  Use

  Valuation

  Residential

  $1,240,012

  Hospitality

  $1,135,845

  Educational

  $945,009

  Medical

  $977,510

  Retail

  $1,470,015

Location Insight

City

Stone Mountain

County

Dekalb

State

Georgia

Latitude

33.8289

Longitude

-84.155

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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