1792 Mount Zion RdMorrow, GA 30260

  • Specialty properties
  • 6,200 SF
For Sale
$2,900,000 View listing

Property Details for 1792 Mount Zion Rd

Year built
1980
Lot size
3.29 AC
Property size (Sq ft)
6,200 SF
Zone code
C
Property type
Specialty properties
Property subtype
Other specialty properties
APN
12-110C- A-003
APU
12110CA003

Description

This exceptional free-standing retail building, totaling approximately 27,940 square feet, is situated on a 3.29-acre lot in Morrow, Georgia. Located at 1792 Mt Zion Rd, this Class B property boasts a prime location, enjoying high visibility and traffic counts (VPD 22,700) due to its proximity to I-75 (less than one mile), a signalized intersection, and neighboring prominent businesses such as Costco and Strayer University. The building is also conveniently located along the same corridor as South Lake Mall. Currently zoned C, this property offers ample surface parking with approximately 80 spaces. The building features a 22-foot ceiling height and a fully sprinklered system. Recent significant improvements include a new HVAC system (installed within the last 12 months, valued at $100,000) and a resurfaced TPO roof (within the last 18 months). The asking price is $2,900,000 ($103.79/SF). While currently leased to a Life Enrichment Center, the tenant will vacate upon request, presenting a unique opportunity for owner-occupancy or lease to a new tenant. City/County taxes are approximately $15,000 annually. This property represents a compelling investment opportunity in a thriving retail corridor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $902,647
    Hospitality
    $826,820
    Educational
    $687,904
    Medical
    $711,562
    Retail
    $1,070,073
1792 Mount Zion Rd, Morrow, Georgia

Location Insight

City
Morrow
County
Clayton
State
Georgia
Latitude
33.5702
Longitude
-84.3314
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
$15,950
$171,960
$204,400
$376,360
-
$429,900
$511,000
$940,900

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