4960 Roosevelt HwyUnion City, GA 30291

Property Details for 4960 Roosevelt Hwy

Year built

2004

Construction

WOOD

Lot size

1.20 AC

Property size (Sq ft)

7,816 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

09F221501000167

APU

09F221501000167

Description

This 8,000 square foot former Family Dollar store, located at 4960 Roosevelt Hwy in Union City, Georgia, presents a unique re-purposing opportunity. The single-story, three-sided brick building sits on a 1.2-acre lot and boasts a highly visible location on a busy four-lane highway (US Hwy 29), experiencing over 21,000 vehicles per day. Built in 2003, the property benefits from recent upgrades including roof and parking lot recoating, and upgraded exterior LED lighting. The General Commercial (GC) zoning allows for flexible use, including retail, medical, auto, office, restaurant, and more. This prime location offers excellent visibility and accessibility, situated just eight miles from Hartsfield-Jackson Atlanta International Airport and a short drive to downtown Atlanta. The surrounding area demonstrates strong demographics, with a 5-mile population exceeding 113,000 and an average household income over $88,000. The asking price is $935,000, translating to $116.88 per square foot. The property includes ample parking for approximately 38 vehicles. This is a rare chance to acquire a well-located, adaptable property in a rapidly growing area of South Fulton County, attracting numerous national companies. The building became vacant at the beginning of May of this year.

• CAP approach

  CAP return

  Valuation

  6%

  $1,461,398

  6.5%

  $1,348,983

  7%

  $1,252,627

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,841,964

  Geo Method

  $3,841,964

• Alternative Use

  Use

  Valuation

  Residential

  $1,137,918

  Hospitality

  $1,042,326

  Educational

  $867,203

  Medical

  $897,028

  Retail

  $1,348,983

Location Insight

City

Union City

County

Fulton

State

Georgia

Latitude

33.5955

Longitude

-84.5492

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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