2731 Mount Zion PkwyJonesboro, GA 30236

  • Strip malls
  • 6,000 SF
For Sale
$1,299,000 View listing

Property Details for 2731 Mount Zion Pkwy

Year built
2002
Lot size
0.98 AC
Property size (Sq ft)
6,000 SF
Zone code
GB
Property type
Strip malls
Property subtype
Neighborhood centers
APN
12-075C- B-009
APU
12075CB009

Description

This exceptional mixed-use investment opportunity in Jonesboro, GA, presents a compelling chance to diversify and grow your portfolio. The property, located at 2731 Mount Zion Parkway, boasts a substantial 6,000 square feet on a 0.98-acre lot. Currently 100% leased across four units, this property offers immediate and consistent cash flow. Its prime location provides easy access to I-75, ensuring high visibility and convenient access for both customers and employees. The modern architecture and ample parking further enhance the property's appeal to a wide range of businesses. This storefront retail space is ideally suited for a variety of commercial ventures, making it a highly attractive investment for those seeking a stable and profitable addition to their holdings. The asking price is $1,300,000. This represents a significant opportunity to acquire a well-located, fully leased commercial property with strong potential for long-term growth and return on investment. The property's strategic location and modern design combine to create a highly desirable commercial space in a thriving market. Don't miss this chance to secure a valuable asset in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,121,851
    6.5%
    $1,035,555
    7%
    $961,587
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,949,307
    Geo Method
    $2,949,307
  • Alternative Use

    Use
    Valuation
    Residential
    $873,529
    Hospitality
    $800,148
    Educational
    $665,714
    Medical
    $688,609
    Retail
    $1,035,555

Location Insight

City
Jonesboro
County
Clayton
State
Georgia
Latitude
33.5524
Longitude
-84.3017
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
$9,648
$34,160
$213,160
$247,320
-
$85,400
$532,900
$618,300

FAQs

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