11331 Tara BlvdHampton, GA 30228

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

Strip malls

Property subtype

Neighborhood centers

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.

• 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

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