1940 Mountain Industrial BlvdTucker, GA 30084

  • Retail properties
  • 131,620 SF
For Sale

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
1940 Mountain Industrial Blvd, Tucker, Georgia

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

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
$220,614
$840,000
$3,360,000
$4,200,000
-
$2,100,000
$8,400,000
$10,500,000

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