1940 Mountain Industrial BlvdTucker, GA 30084
- Retail properties
- 131,620 SF
Property Details for 1940 Mountain Industrial Blvd
- Year built
- 1992
- Lot size
- 18.40 AC
- Property size (Sq ft)
- 131,620 SF
- Zone code
- X
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 18 184 03 001
- APU
- 1818403001
Description
This 0.7-acre commercial land parcel in Tucker, Georgia, presents a unique investment opportunity. Situated at 1940 Mountain Industrial Blvd, 30084, the property boasts exceptional visibility and accessibility from Mountain Industrial Boulevard. Its C-1 (Local Commercial) zoning allows for a variety of development options. The location benefits from a strong daytime population, with 76,504 people within a 3-mile radius and average household incomes exceeding $82,000 in the same area. This prime location is surrounded by numerous industrial parks and employment centers, ensuring high traffic and potential customer base. The property is conveniently located approximately 15 miles northwest of downtown Atlanta, providing easy access to major transportation routes. Nearby key economic drivers include Stone Mountain Park, Emory University Village/CDC, and Buford Highway, further enhancing the property's value and potential. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of DeKalb County. The property's size and location make it suitable for a range of commercial developments, capitalizing on the strong local economy and high traffic volume.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $41,572,180
- 6.5%
- $38,374,320
- 7%
- $35,633,296
-
Comparable approach
- Method
- Valuation
- Relative Method
- $64,697,968
- Geo Method
- $64,697,968
-
Alternative Use
- Use
- Valuation
- Residential
- $32,370,174
- Hospitality
- $29,650,906
- Educational
- $24,669,206
- Medical
- $25,517,618
- Retail
- $38,374,320
Location Insight
- City
- Tucker
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.8394
- Longitude
- -84.2022
- 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
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