11331 Tara BlvdHampton, GA 30228
- Retail properties
- 47,057 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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