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    414 N Hairston Rd Stone Mountain, GA 30083

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    For Sale
    $2,300,000

    Retail strip center with high occupancy in Stone Mountain, GA.

    Property size:
    15,000 SF

    Property Features for 414 N Hairston Rd

    General Information

    Size
    15,000 SF

    Building Details

    Year built
    1988

    Source: Derek Creviston Agent Derek Creviston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center Investment Opportunity

    This retail strip center, located at 414 N Hairston Rd in Stone Mountain, GA, presents an investment opportunity. Constructed in 1988, the property features a 15,000-SF building on a 1.84-acre lot. The building is divided into 13 units and maintains a 90%+ occupancy rate. Zoned Neighborhood Shopping (NS), the property provides 50 parking spaces and a monument sign. It benefits from its location at a signalized intersection, with traffic counts of 29,000 cars per day on N Hairston Road and 16,600 on Rockbridge Road. The site has two entry points for accessibility. The estimated NOI is $140,334 with one current vacancy. The property is situated 2.5 miles from Stone Mountain, across from the Rockbridge Crossing Shopping Center and an Advance Auto Parts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fitzgerald-Chiropractic Center Chiropractor JGA TAX SERVICES Tax Preparation Service Sonny's Nails Nail Salon Elegant Dominican Hair ... Beauty Salon Keys to your closet Boutique

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1961897
    Latitude
    33.7877631

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    FAQs

    What type of property is this?
    Strip mall - Retail strip center with high occupancy in Stone Mountain, GA.
    Where is this strip mall located?
    The property is located at 414 N Hairston Rd Stone Mountain, GA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - High Occupancy Rate: 90%+ occupancy provides immediate and stable income.; - Strong NOI: Estimated NOI of $148,615 indicates a profitable investment.; - Prime Location: Signalized intersection with high traffic counts (29,000 on N Hairston, 16,600 on Rockbridge) ensures excellent visibility.
    (770) 298-7945
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    414 N Hairston Rd Stone Mountain, GA 30083
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    Stone Mountain, GA 30083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    414 N Hairston Rd Stone Mountain, GA 30083
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