Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1891 Mount Zion Rd Morrow, GA 30260

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property with long-term lease in high-traffic location.

    Property size:
    5,775 SF

    Property Features for 1891 Mount Zion Rd

    General Information

    Standard status
    Active
    Size
    5,775 SF

    Building Details

    Year built
    1996

    We can help!

    Listing Contact
    Bradford Lineberry
    Bradford Lineberry
    Source: Crexi

    Listing Agency: Lineberry Real Estate Listing Agent: Bradford Lineberry

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

    Learn more

    Overview

    Morrow Retail Investment Opportunity

    Located at 1891 Mount Zion Road in Morrow, GA, this property is currently leased to AT&T. The site is positioned approximately 16 miles south of downtown Atlanta. The property offers a long-term lease with New Cingular Wireless PCS, a subsidiary of AT&T, with multiple lease extensions. Situated along Mt Zion Road, the location benefits from high visibility, with a daily traffic count of 21,000 vehicles. It is also near I-75, which sees 128,000 vehicles daily. The property is located in a retail area with over 1 million square feet of retail space. The area has experienced an 11% increase in population since 2010 within a 10-mile radius. The property size is 5775 square feet.
    Location Intelligence

    Current Use by Public Records

    AT&T Store Mobile Phone Store AT&T - Internet Service ... Telecommunications Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3290965
    Latitude
    33.567071

    Nearby Similar for Sale

    • $650,000
      4,008 SF

      Restaurant/Bar in Customer Dense Area

      Restaurant/Bar in excellent condition with ample parking.
      2260 Lake Harbin Rd, Morrow, GA 30260
      View Details
    • $650,000
      4,008 SF

      Morrow Restaurant/Bar For Sale

      Restaurant/bar in excellent condition with ample parking.
      2260 Lake Harbin Rd, Morrow, GA 30260
      View Details
    • $250,000
      1,400 SF

      Morrow, GA Mixed-Use Commercial

      Versatile commercial property suitable for various businesses in Morrow, GA.
      5372 Bryant Blvd, Morrow, GA 30260
      View Details
    • $3,777,000
      10,000 SF

      Morrow Warehouse Near Convention Center

      10,000 sq ft warehouse on 1.4 acres in Morrow, GA.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $3,777,000
      10,000 SF

      Morrow Warehouse on 1.4 Acres

      10,000 sq ft warehouse in Clayton County for sale.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $419,900
      959 SF

      Morrow Car Lot For Sale

      High-traffic commercial car lot suitable for automotive or restaurant ventures.
      5440 Jonesboro Rd, Morrow, GA 30260
      View Details
    • $419,900
      959 SF

      Morrow Commercial Car Lot For Sale

      High-traffic commercial car lot suitable for automotive or restaurant ventures.
      5440 Jonesboro Rd, Morrow, GA 30260
      View Details
    • $2,000,000
      15,796 SF

      Morrow Church with Academy

      15,796 SF church with academy in Morrow, Georgia.
      2230 Rex Rd, Morrow, GA 30260
      View Details
    • $3,975,000

      Clayton County Warehouse Opportunity

      10,000 sq ft warehouse on 1.4 acres for sale.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • Contact for pricing

      Office Space Available in Morrow

      Office property for sale in Morrow, Georgia.
      1590 Adamson Pkwy, Morrow, GA 30260
      View Details
    • Contact for pricing
      10,906 SF

      Retail Space For Sale

      Retail space available with a 6.50% CAP rate.
      2383 Lake Harbin Rd, Morrow, GA 30260
      View Details
    • Contact for pricing

      Morrow Office Suite - Jonesboro Rd

      Prime Morrow location, private offices, I-75 access.
      7175 Jonesboro Rd, Morrow, GA 30260
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail property with long-term lease in high-traffic location.
    Where is this retail space located?
    The property is located at 1891 Mount Zion Rd Morrow, GA.
    What are key features of this property?
    This property features: - Long-term lease with New Cingular Wireless PCS (AT&T subsidiary) with multiple lease extensions, ensuring stable income.; - Prime location with high visibility on Mt Zion Road (21,000 daily vehicle count) and close proximity to I-75 (128,000 daily vehicle count).; - Located in a thriving retail area with over 1 million square feet of retail space.
    Request Owner's contact information
    1891 Mount Zion Rd Morrow, GA 30260
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1891 Mount Zion Rd
    Morrow, GA 30260
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1891 Mount Zion Rd Morrow, GA 30260
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bradford Lineberry
    Bradford Lineberry
    Real Estate License ID: 361841
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!