Retail Space with Loading
4964 Redan Road, Stone Mountain, GA 30088
For Sale
$2,250,000
Commercial Sale, Stone Mountain, GA
Property Size10,000 SF
Lot Size1.24 Acres
Price / SF$225
Days on Market648
Property Features for 4964 Redan Road
General Information
Property type
Property subtype
Parking
Parking features
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
floor-to-ceiling tinted windows
loading dock
kitchenette
three restrooms
ample parking
Building Details
Year built
Building materials
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Basil N Malouf · License GA #314415
(678) 898-7749
Added: Feb 2, 2025
Changed: Oct 26
Last Checked: Nov 11 at 4:06AM
MLS# 10683555
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 10,000-square-foot retail space occupies a 1.24-acre site and features a broad open interior, a separate back room, and a loading dock. Floor-to-ceiling tinted windows along two sides bring natural light into the building, while a kitchenette provides staff break-area functionality. The property also includes three restrooms, a parking lot, brick construction, central air conditioning, forced-air heating, and public water service. Built in 1987, the facility offers a substantial commercial footprint for retail operations.
The property is located at 4964 Redan Road in Stone Mountain, Georgia, within a busy commercial district near a dense residential area. Its building configuration combines customer-facing open space with rear support space and loading capability.
The property is located at 4964 Redan Road in Stone Mountain, Georgia, within a busy commercial district near a dense residential area. Its building configuration combines customer-facing open space with rear support space and loading capability.
Key Highlights
- 10,000 square feet of retail space on a 1.24‑acre site
- Loading dock connected to a spacious back room
- 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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
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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
$208,200
Median Home Value
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Market
Average Price Trend$/SF for Retail space in DeKalb County, GA
Properties on Market for Retail space in DeKalb County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Open-floor commercial space includes a kitchenette, three restrooms, and on-site parking.
Where is this retail space located?
The property is located at 4964 Redan Road 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 square feet of retail space on a 1.24‑acre site; Loading dock connected to a spacious back room; Floor‑to‑ceiling tinted windows on two sides
