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    281 Upper Riverdale Rd Jonesboro, GA 30236

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    For Sale
    $8,250,000

    112,562 SF retail asset with a 5-year lease.

    Property size:
    112,562 SF
    Lot size:
    2.50 Acres

    Property Features for 281 Upper Riverdale Rd

    General Information

    Size
    112,562 SF
    Lot size
    2.50 Acres

    Source: Sands Investment Group (SIG) | Fort Lauderdale Agent Andrew Ackerman

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

    Overview

    Jonesboro Retail NNN Asset For Sale

    The property at 281 Upper Riverdale Road in Jonesboro, GA, is a 112,562 square-foot standalone retail asset available for sale. The property is situated on a 2.5-acre lot and includes 300 parking spaces. Zoned GB, the property offers various opportunities. The current tenant, Fine Fabrics, has a 5-year lease with a personal and corporate guarantee. The business has been operating for 15 years and has three locations. The building was renovated in 2022, including a resurfaced roof, new epoxy flooring, new plumbing, new electrical systems, and new HVAC systems. The property features ample parking and easy access to the main road. The property is strategically located between 75 and Tara Blvd.
    Location Intelligence

    Current Use by Public Records

    Fine Fabrics Fabric Store Shadow Barber Shop Barber Shop Visual Sensations Ink ... Tattoo Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Clayton
    State
    Georgia
    Longitude
    -84.379305
    Latitude
    33.58128

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    FAQs

    What type of property is this?
    Retail space - 112,562 SF retail asset with a 5-year lease.
    Where is this retail space located?
    The property is located at 281 Upper Riverdale Rd Jonesboro, GA.
    What is the asking price?
    The asking price for this property is $8,250,000.
    What are key features of this property?
    This property features: - NNN lease structure provides a secure investment opportunity.; - Tenant has been operating for 15 years and has three locations, indicating business stability.; - Recently renovated in 2022 with roof resurfacing, new epoxy floors, plumbing, electrical, and HVAC systems.
    (770) 626-0445
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    281 Upper Riverdale Rd Jonesboro, GA 30236
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    Jonesboro, GA 30236
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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
    281 Upper Riverdale Rd Jonesboro, GA 30236
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