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Stone Mountain Retail Space Available

4964 Redan Road Stone Mountain, GA 30088

4964 Redan Road, Stone Mountain, GA, 30088
$2,250,000
For Sale
Claim this Listing
$2,250,000

SINGLE_FAMILY - Stone Mountain, GA

Property Size10,000 SF
Lot Size1.24 Acres
Price / SF$225
AddedFeb 2
Days on Market162
Last RefreshJul 14 at 12:06 pm

Property Features for 4964 Redan Road

General Information

Property type
Residential
Property subtype
Retail
Zoning
MU-4
Parking
57
Parking features
Parking Lot
Security features
Security
Window features
Insulated Windows
Interior features
Restrooms
Standard status
Active
APN
16 002 02 290
Size
10,000 SF
Lot size
1.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10078

Utilities

Utilities
Cable Available
Heating system
Central, Forced Air
Cooling system
Central Air

Building Details

Year built
1987
Floors in Building
1
Flooring type
Concrete
Building materials
Aluminum Siding, Brick 3 Sides

Listing agent Basil N Malouf License #314415

Listing office EXP Realty, LLC. 1372 Peachtree St NE, Atlanta, GA

Listing date Feb 2, 2026

MLS# 7712998

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This retail space, located in a high-traffic area near a dense residential neighborhood, features floor-to-ceiling tinted windows on two sides, providing ample natural light. The interior includes a large open area and a spacious back room with a loading dock. A kitchenette is available for staff use. The property includes three restrooms and ample parking. The building has a total area of 10000 square feet and is situated on a 1.24-acre lot. The zoning is MU-4, allowing for mixed-use developments. This property is suitable for various retail needs.

Key Highlights

  • Prime location in a bustling district close to a dense residential area.
  • Vast open retail space with floor‑to‑ceiling tinted windows providing abundant natural light.
  • Spacious back room equipped with a loading dock.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $219.6k $21.96
− Vacancy −$18.7k −$1.87
EGI $200.9k $20.09
− OpEx −$60.3k −$6.03
NOI $140.7k $14.07
10,000 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,654 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M (±1% cap)
NOI $195,677 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Redan Party Rental ... Hotel & Motel

Suggested Use

Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Kitchen & Bath Showroom HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Retail space with loading dock in a high-traffic location.
Where is this retail space located?
The property is located at 4964 Redan Road Stone Mountain, GA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime location in a bustling district close to a dense residential area.; Vast open retail space with floor‑to‑ceiling tinted windows providing abundant natural light.; Spacious back room equipped with a loading dock.
Contact an agent
More about this property
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