5554 Memorial DrStone Mountain, GA 30083

  • Retail properties
  • 4,592 SF
For Lease

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
5554 Memorial Dr, Stone Mountain, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$43,616
$644,027
$263,053
$907,080
-
$1,610,067
$657,633
$2,267,700

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