7297 Lee RdLithia Springs, GA 30122

Property Details for 7297 Lee Rd

Year built

1986

Construction

STEEL FRAME

Lot size

1.48 AC

Property size (Sq ft)

10,000 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

0571-18-2- -00029

APU

57118200029

Description

This 4,500 square foot storefront retail space, located at 7297 Lee Rd in Lithia Springs, Georgia (zip code 30122), presents a compelling investment opportunity. Situated on a 3.66-acre lot, this single-tenant property offers excellent visibility at the intersection of Sweetwater Rd and Lee Rd, with convenient access to I-20. The building, constructed in 1986, is a single-story, 14,574 square foot Class C structure with no elevators. The property is zoned R-LD and features an open floor plan adaptable to various business needs. The space is easily divisible into two smaller units, providing flexibility for potential tenants. Ample parking is available, ensuring customer convenience. High drive-by traffic guarantees significant visibility, making this an ideal location for businesses seeking strong exposure. The property's APN is 1182-05-7-0-029 and is located in the Villa Rica/W Outlying submarket. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,649,268

  6.5%

  $2,445,478

  7%

  $2,270,801

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,427,162

  Geo Method

  $4,915,512

• Alternative Use

  Use

  Valuation

  Residential

  $2,062,852

  Hospitality

  $1,889,562

  Educational

  $1,572,093

  Medical

  $1,626,160

  Retail

  $2,445,478

Location Insight

City

Lithia Springs

County

Douglas

State

Georgia

Latitude

33.7767

Longitude

-84.6537

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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