5554 Memorial DrStone Mountain, GA 30083
- Retail properties
- 4,592 SF
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
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,450,383
- 6.5%
- $1,338,815
- 7%
- $1,243,186
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,257,203
- Geo Method
- $2,257,203
-
Alternative Use
- Use
- Valuation
- Residential
- $1,129,341
- Hospitality
- $1,034,470
- Educational
- $860,667
- Medical
- $890,267
- Retail
- $1,338,815
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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