Retail Building with Highway
4132 Stone Mountain Highway Lilburn, GA 30047
For Sale
$695,000
Built in 1984, this C2-zoned retail building sits on a parcel with 108 ft frontage.
Property Size2,848 SF
Lot Size0.96 Acres
Price / SF$244.03
Days on Market351
Property Features for 4132 Stone Mountain Highway
General Information
- Standard status
- Active
- Size
- 2,848 SF
- Lot size
- 0.96 Acres
- Property subtype
- SCR-FREE, SCR-REST
Building Details
- Year Built
- 1984
Listing Agency:
Atlanta Land Group
(404) 277-9191
Listed By:
Jay Leslie · License #108227
(404) 277-9191
Source:
Realnex
Added: Aug 8, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Land Group
Investment Insights
Based on property information with market context.
The offering includes a retail building built in 1984 with approximately 2,848 square feet on a +/- 0.96-acre commercial parcel. The property features 108’ of frontage and is identified by Parcel ID R-6054-256.
The site is located at 4132 Stone Mountain Highway in Lilburn, GA, and is zoned C2–Commercial. Public remarks also note an ADT of 49,800.
The site is located at 4132 Stone Mountain Highway in Lilburn, GA, and is zoned C2–Commercial. Public remarks also note an ADT of 49,800.
Key Highlights
- Built in 1984 retail building with 2,848 sq ft
- C2‑Commercial zoning
- Approx. 0.96 acres with 108 ft frontage on Stone Mountain Highway
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 | $51.3k | $18.00 |
| − Vacancy | −$4.0k | −$1.40 |
| EGI | $47.3k | $16.60 |
| − OpEx | −$14.2k | −$4.98 |
| NOI | $33.1k | $11.62 |
2,848 SF · lease $18.00/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$472.7K
$413.6K – $551.4K
NOI $33,086 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.1K
$696.6K – $928.8K
NOI $55,729 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Built in 1984, this C2-zoned retail building sits on a parcel with 108 ft frontage.
Where is this retail space located?
The property is located at 4132 Stone Mountain Highway Lilburn, GA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Built in 1984 retail building with 2,848 sq ft; C2‑Commercial zoning; Approx. 0.96 acres with 108 ft frontage on Stone Mountain Highway
