For Sale
$649,000
5712 Redan Rd, Stone Mountain, GA 30088
Multi-purpose building in high traffic area, Dekalb County.
Property Size2,900 SF
Lot Size0.67 Acres
Price / SF$223.79
Days on Market246
Property Features for 5712 Redan Rd
General Information
Standard status
Active
Property type
Medical Office Space, Office Spaces, Day care centers, Specialty properties, Office Units, Commercial real estate
Size
2,900 SF
Lot size
0.67 Acres
Building Details
Year Built
1946
Listed By:
Collis Clovie
(404) 242-9070
Added: Feb 25
Changed: Jun 10
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,047
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,940
$840.9K
Cap Rate 7%
$600,671
$600.7K
Cap Rate 9%
$467,189
$467.2K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$78.3K $27.00/SF
− Vacancy
−$8.2K −$2.84/SF
EGI
$70.1K $24.17/SF
− OpEx
−$28.0K −$9.67/SF
NOI
$42.0K $14.50/SF
Area
DeKalb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,940
Cap Rate 7%
$600,671
Cap Rate 9%
$467,189
Alternative Uses
Best Use
Healthcare Medical
$600.7K
$525.6K – $700.8K
NOI $42,047 @ 7.0% cap · market cap 6.48%
Second Best
Office B
$554.8K
$485.4K – $647.2K
NOI $38,834 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$810.7K
$709.3K – $945.8K
NOI $56,746 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Under-served
Demand for This Use
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Lotts General Hospital — 5449 forest e ln, stone mountain, ga 30088
Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-purpose building in high traffic area, Dekalb County.
Where is this medical office space located?
The property is located at 5712 Redan Rd Stone Mountain, GA.
What is the asking price?
The asking price for this property is $649,000.
