11331 Tara BlvdHampton, GA 30228

  • Retail properties
  • 47,057 SF
For Lease

Property Details for 11331 Tara Blvd

Year built
2005
Lot size
6.83 AC
Property size (Sq ft)
47,057 SF
Zone code
C
Property type
Retail properties
Property subtype
Strip malls
APN
06-131D- A-007
APU
06131DA007

Description

This Class A, 47,008 square foot retail center, built in 2007, is situated on 6.8 acres at 11331 Tara Blvd, Hampton, GA 30228, at the intersection of the Westerly Right of way of U.S. highway 41 & 19. The property boasts 234 parking spaces and is part of the vibrant Riverdale/Jonesboro submarket in South Atlanta. Currently, 2,400 square feet of retail space is available for lease within this single-story building. The center enjoys a prime location in the rapidly expanding Hampton/Lovejoy market, benefiting from proximity to substantial residential and commercial growth. It's a Walmart shadow center, anchored by a significant Walmart store and complemented by a diverse range of established tenants including Benchmark Fitness, Bank of America, Hibbett Sports, Beauty World, Game Stop, Classic Brow, Rainbow Apparel, Dollar Tree, and JR Crickets. The property's APN is 06131D A007, and it's located in Clayton County. This presents a unique opportunity to establish a business within a successful and well-positioned retail center. The property is classified as a community/shopping center and offers excellent visibility and accessibility. This is a single-tenancy opportunity within a larger, established center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,798,491
    6.5%
    $8,121,684
    7%
    $7,541,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,130,924
    Geo Method
    $23,130,924
  • Alternative Use

    Use
    Valuation
    Residential
    $6,850,944
    Hospitality
    $6,275,428
    Educational
    $5,221,082
    Medical
    $5,400,644
    Retail
    $8,121,684
11331 Tara Blvd, Hampton, Georgia

Location Insight

City
Hampton
County
Clayton
State
Georgia
Latitude
33.4449
Longitude
-84.3253
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
$89,648
$356,760
$1,941,200
$2,297,960
-
$891,900
$4,853,000
$5,744,900

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