6130 Memorial DrStone Mountain, GA 30083

Property Details for 6130 Memorial Dr

Year built

1968

Lot size

1.17 AC

Property size (Sq ft)

9,000 SF

Zone code

X

Property type

Retail space

APN

18 091 01 057

APU

1809101057

Description

This exceptional 9,000+-square-foot retail property, situated on a 1.16+-acre lot at 6130 Memorial Drive in Stone Mountain, Georgia, presents a compelling investment opportunity. The single-tenant storefront building boasts a prime location on Memorial Drive, a major four-lane divided thoroughfare connecting Atlanta to Dekalb and Gwinnett counties. Benefitting from high visibility and a traffic light, the property enjoys a daily traffic count exceeding 28,600 vehicles. The C-2 zoning allows for a diverse range of uses, making it ideal for sale, lease, ground lease, or build-to-suit redevelopment. The property's address is 6130 Memorial Drive, Stone Mountain, GA 30083, with a cross street of N Hairston Rd. The property's parcel number is 18 091 01 057. This location offers significant potential for a variety of retail businesses seeking high visibility and accessibility within a thriving community. The property's size and zoning flexibility provide a unique opportunity for investors and developers alike. Consider this property for its strong location, high traffic counts, and versatile zoning.

• CAP approach

  CAP return

  Valuation

  6%

  $2,842,650

  6.5%

  $2,623,985

  7%

  $2,436,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,423,961

  Geo Method

  $4,423,961

• Alternative Use

  Use

  Valuation

  Residential

  $2,213,429

  Hospitality

  $2,027,489

  Educational

  $1,686,847

  Medical

  $1,744,861

  Retail

  $2,623,985

Location Insight

City

Stone Mountain

County

Dekalb

State

Georgia

Latitude

33.8052

Longitude

-84.1895

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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