Retail Space with Loading
For Sale
$2,250,000
4964 Redan Rd, Stone Mountain, GA 30088
Open-format facility includes a back room, kitchenette, three restrooms, and ample parking.
Property Size10,000 SF
Price / SF$225
Days on Market66
Property Features for 4964 Redan Rd
General Information
Standard status
Active
Size
10,000 SF
Amenities
floor-to-ceiling tinted windows
loading dock
kitchenette
three restrooms
Building Details
Year Built
1987
Listing Agency:
eXp Realty
Listed By:
Basil Malouf, Malina Malouf
(888) 959-9461
Source:
Brockteam
Added: Aug 10
Changed: Oct 10
Last Checked: Oct 7 at 3:46PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Built in 1987, this 10,000 SF retail property offers a broad open area supported by a separate rear room with loading dock access. Floor-to-ceiling tinted glazing spans two sides of the building, bringing natural light into the interior. A kitchenette provides a designated staff break area, while three restrooms support daily operations.
The property is located at 4964 Redan Rd in Stone Mountain, GA 30088, within a busy commercial district near a dense residential area. Ample parking is also available on site, adding practical convenience for customers and staff.
The property is located at 4964 Redan Rd in Stone Mountain, GA 30088, within a busy commercial district near a dense residential area. Ample parking is also available on site, adding practical convenience for customers and staff.
Key Highlights
- 10,000 SF retail property at 4964 Redan Rd, Stone Mountain, GA 30088
- Rear room equipped with a loading dock
- Floor‑to‑ceiling tinted windows on two sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,654
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,080
$2.8M
Cap Rate 7%
$2,009,343
$2.0M
Cap Rate 9%
$1,562,822
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$219.6K $21.96/SF
− Vacancy
−$18.7K −$1.87/SF
EGI
$200.9K $20.09/SF
− OpEx
−$60.3K −$6.03/SF
NOI
$140.7K $14.07/SF
Area
DeKalb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,080
Cap Rate 7%
$2,009,343
Cap Rate 9%
$1,562,822
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,654 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,677 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 30088, GA
27,945
Population
11,627
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
3,583
Density / Sq Mi
$64,734
Median Household Income
$38,607
Median Earnings
$1,438
Median Rent
$208,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Open-format facility includes a back room, kitchenette, three restrooms, and ample parking.
Where is this retail space located?
The property is located at 4964 Redan Rd Stone Mountain, GA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 10,000 SF retail property at 4964 Redan Rd, Stone Mountain, GA 30088; Rear room equipped with a loading dock; Floor‑to‑ceiling tinted windows on two sides
