1544 Tara RdJonesboro, GA 30238

Property Details for 1544 Tara Rd

Year built

2005

Lot size

2.58 AC

Property size (Sq ft)

17,075 SF

Zone code

MX

Property type

Retail properties

Property subtype

Strip malls

APN

06-095A- A-127

APU

06095AA127

Description

This exceptional commercial property, located at 1544 Tara Rd, Suite B, Jonesboro, GA 30238, presents a significant retail opportunity. The 19,073 square foot building sits on a 2.58-acre lot in Clayton County, offering a single-tenant occupancy. Boasting a prime location with an average annual daily traffic (AADT) count of 47,000 vehicles, this well-maintained property enjoys easy access to Highway 75 and public transportation. The property includes 100 free surface parking spaces, ensuring ample customer convenience. The surrounding area benefits from a strong demographic profile, with Clayton County boasting a population of 101,243 and a household annual income of $55,000. The versatile space is ideal for a variety of uses, including but not limited to nail/hair salons, restaurants, or insurance/business offices. A minimum 36-month lease is required. While 1150 square feet is currently available for lease, the entire 19,073 square foot building is also available. The property is situated in the heart of Jonesboro, Georgia, offering excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $3,192,601

  6.5%

  $2,947,016

  7%

  $2,736,515

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,393,237

  Geo Method

  $8,393,237

• Alternative Use

  Use

  Valuation

  Residential

  $2,485,919

  Hospitality

  $2,277,088

  Educational

  $1,894,511

  Medical

  $1,959,666

  Retail

  $2,947,016

Location Insight

City

Jonesboro

County

Clayton

State

Georgia

Latitude

33.473

Longitude

-84.3414

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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