6324 Old Dixie HwyJonesboro, GA 30297

Property Details for 6324 Old Dixie Hwy

Year built

1974

Lot size

0.56 AC

Property size (Sq ft)

4,006 SF

Zone code

ODHTL

Property type

Retail properties

Property subtype

Retail space

APN

13-142B- C-019

APU

13142BC019

Description

This exceptional 5,400 square foot free-standing commercial building, situated on a 0.55-acre lot at 6324 Old Dixie Hwy, presents a compelling investment or tenancy opportunity. Built in 1987, this single-story structure features two suites, with a total of 25 parking spaces. Currently, the entire 5,400 square feet is vacant and available for lease. The minimum leasable space is 1,400 square feet, with a maximum contiguous space of 4,000 square feet. The property boasts excellent visibility due to its prime location within the planned expansion of the Old Dixie Corridor, offering significant road frontage. Its zoning is ODHTL, and the APN is 13142B C019. Power is supplied by Georgia Power. The building is ideally suited for a variety of businesses, including but not limited to financial and professional services such as check cashing, title loans, insurance agencies, bail bonds, hair and nail salons, and barber shops. This property offers a unique blend of accessibility, ample parking, and high visibility, making it an attractive option for businesses seeking a prominent location. The cross street is Tara Blvd. This is a rare opportunity to secure a well-located, versatile commercial space in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $749,023

  6.5%

  $691,405

  7%

  $642,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,969,154

  Geo Method

  $1,969,154

• Alternative Use

  Use

  Valuation

  Residential

  $583,226

  Hospitality

  $534,232

  Educational

  $444,475

  Medical

  $459,761

  Retail

  $691,405

Location Insight

City

Jonesboro

County

Clayton

State

Georgia

Latitude

33.5826

Longitude

-84.376

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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