5554 Memorial DrStone Mountain, GA 30083

Property Details for 5554 Memorial Dr

Year built

1986

Lot size

4.33 AC

Property size (Sq ft)

4,592 SF

Zone code

C1

Property type

Auto shops

APN

18 070 01 004

APU

1807001004

Description

This exceptional retail property, located at 5554 Memorial Drive in Stone Mountain, Georgia, presents a significant opportunity for a single-tenant user. The building boasts a substantial 19,800 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a generous 2.59-acre lot, this property offers ample space for parking, outdoor displays, or potential expansion. The property's address is 5554 Memorial Drive, Stone Mountain, GA 30083. Its convenient location within Stone Mountain provides excellent visibility and accessibility for customers. The building's classification is retail, with a single-tenant occupancy structure. The entire 19,800 square feet is available for lease, making it ideal for a business seeking a large, standalone space. This presents a rare opportunity to establish a significant presence in a thriving community. The property's size and location make it suitable for a wide range of retail businesses. Interested parties are encouraged to inquire for further details and leasing information. The property is zoned for commercial use. The geographic coordinates are latitude 33.801966 and longitude -84.2105877.

• CAP approach

  CAP return

  Valuation

  6%

  $1,106,880

  6.5%

  $1,021,740

  7%

  $948,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $931,544

  Geo Method

  $931,544

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,967,990

  Mixed-Use / Specialty

  $1,027,990

  Hospitality / Lodging

  $767,091

  Office

  $1,032,190

  Institutional / Educational

  $1,072,230

  Residential Income

  $1,254,510

  Multifamily

  $1,449,720

  Automotive / Energy

  $919,058

  Parking / Income-Based Land

  $307,376

  Restaurant / Food Service

  $555,790

  Healthcare / Senior Housing

  $1,044,040

Location Insight

City

Stone Mountain

County

Dekalb

State

Georgia

Latitude

33.8024

Longitude

-84.2107

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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