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    5895 Memorial Dr Stone Mountain, GA 30083

    For Sale
    $4,800,000

    29,346 SF retail shopping center in Stone Mountain, GA.

    Property size:
    29,346 SF
    Lot size:
    1.56 Acres

    Property Features for 5895 Memorial Dr

    General Information

    Size
    29,346 SF
    Lot size
    1.56 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Lasha Kortava

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

    Overview

    Stone Mountain Retail Shopping Center

    The Memorial Plaza Shopping Center, a 29,346 square foot retail property, is available for purchase. It is located at 5895 Memorial Drive in Stone Mountain, GA. The property benefits from its location on a busy street with high traffic, providing a consistent flow of potential customers. The location offers excellent visibility from all directions, ensuring that the property and its tenants are easily seen by a wide audience. The surrounding area includes a Walmart shopping supercenter on one side and a Dekalb County Public Safety School on the other. The demographics within a 3-mile radius include a population of 97,664 residents with an average household income of $60,017.
    Insight Report Location Intelligence

    Current Use by Public Records

    Creative Designz & Signz ... Advertising Agency BMG Wholesale Wholesaler Figure 8 Body ... Health And Beauty Shop Dance for Joi Dance ... Dance School Platinum Elite Dance ... Dance School

    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.

    Similar Places Nearby

    Village Square Commons, Gabrielle, Value Mall, Good Vibes Only Store ATL, Village Square

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1968258
    Latitude
    33.7996692

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    FAQs

    What type of property is this?
    Shopping center - 29,346 SF retail shopping center in Stone Mountain, GA.
    Where is this shopping center located?
    The property is located at 5895 Memorial Dr Stone Mountain, GA.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: - Prime location in Stone Mountain, GA; - High traffic location on a bustling street; - Excellent visibility from all corners
    (844) 474-4666
    Request Owner's contact information
    5895 Memorial Dr 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
    5895 Memorial Dr Stone Mountain, GA 30083
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