Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stone Mountain Retail Shopping Center Title is generated by Realmo AI

    5950 Hugh Howell Rd, Stone Mountain, GA 30087

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5,250 SF, 3-unit shopping center in Stone Mountain, GA.

    Type:Retail
    Property size:
    5,250 SF
    Price / SF:
    $226/SF
    Added:
    Mar 25, 2026
    Days on Market:
    49
    Last Refresh:
    Mar 25 at 9:02 pm

    Property Features for 5950 Hugh Howell Rd

    General Information

    Standard status
    Active
    Size
    5,250 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1076

    We can help!

    Listing Contact
    Jon Kontopidis

    Listing agent Jon Kontopidis License #GA

    Listing office Apex Asset Management

    Listing date Mar 25, 2026

    Source Crexi

    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 Apex Asset Management

    HighLights

    • 100% occupancy with NNN leases, offering a stabilized income stream.
    • Unlock a 28.7% NOI upside by adjusting rents to meet submarket averages.
    • Located in Smoke Rise, an affluent area with high average household income and median home values.
    • 5,250 SF shopping center provides ample space for diverse tenant mix.
    • 3‑unit property offers diversified income potential.
    • Year Built: 1976

    Overview

    This 5,250 square foot neighborhood shopping center is comprised of three units and is currently 100% occupied with NNN leases. The property is located in Stone Mountain, Georgia, within an area characterized by an average household income of $184,128 and a median home value of $503,390. The property presents a 28.7% NOI upside due to rents being significantly below submarket averages, offering a value-add stabilization opportunity. The property has a historically high retention rate and a hands-off management structure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jen Minta Salon ... Hair Salon nava massage Alternative Medicine Practice Simply ATM LLC Atm Summit Cleaners (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1550264
    Latitude
    33.8289451

    Nearby Similar for Sale

    • $649,000
      2,900 SF

      Stone Mountain Commercial Opportunity

      Multi-purpose building in high traffic area, Dekalb County.
      5712 Redan Road, Stone Mountain, GA 30088
      View Details
    • $2,250,000
      10,000 SF

      Stone Mountain Retail Space Available

      Retail space with loading dock in a high-traffic location.
      4964 Redan Road, Stone Mountain, GA 30088
      View Details
    • $1,025,000
      9,560 SF

      Versatile Commercial Property on Rockbridge Road

      Commercial property suitable for retail, office, medical, or service use.
      4759 Rockbridge Road, Stone Mountain, GA 30083
      View Details
    • $1,025,000
      13,108 SF

      Stone Mountain Commercial Opportunity

      Versatile commercial property in high-traffic Stone Mountain corridor.
      4759 Rockbridge Road, Stone Mountain, GA 30083
      View Details
    • $560,000
      5,400 SF

      Stone Mountain Commercial Building For Sale

      5,400 sq ft commercial building in Stone Mountain, GA.
      404 Club House Drive, Stone Mountain, GA 30083
      View Details
    • $449,000

      Historic Stone Mountain Village Triplex

      Rare triplex near Stone Mountain Park and Main Street.
      5502 E Mountain Street, Stone Mountain, GA 30083
      View Details
    • $449,000

      Historic Stone Mountain Village Triplex

      Rare triplex near Stone Mountain Park and Main Street.
      5502 E Mountain Street, Stone Mountain, GA 30083
      View Details
    • $379,900

      Renovated Stone Mountain Income Property

      Worry-free investment property in Smoke Rise, generating active income.
      353 Old Rosser Road, Stone Mountain, GA 30087
      View Details
    • $339,000

      Stone Mountain Brick Duplex Opportunity

      Move-in ready duplex with income potential in Stone Mountain.
      5309 Stonebush Terrace, Stone Mountain, GA 30083
      View Details
    • $379,900

      Renovated Income-Generating Home

      Renovated 3-bedroom home in Smoke Rise, generating active income.
      353 Old Rosser Road, Stone Mountain, GA 30087
      View Details
    • $309,900

      Stone Mountain Turnkey Investment Opportunity

      Fully operational co-living property near Atlanta with immediate cash flow.
      5432 Windfern Court, Stone Mountain, GA 30088
      View Details
    • $309,900

      Stone Mountain Turnkey Investment Opportunity

      Fully operational co-living property near Atlanta with immediate cash flow.
      5432 Windfern Court, Stone Mountain, GA 30088
      View Details

    FAQs

    What type of property is this?
    Shopping center - 5,250 SF, 3-unit shopping center in Stone Mountain, GA.
    Where is this shopping center located?
    The property is located at 5950 Hugh Howell Rd Stone Mountain, GA.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: 100% occupancy with NNN leases, offering a stabilized income stream.; Unlock a 28.7% NOI upside by adjusting rents to meet submarket averages.; Located in Smoke Rise, an affluent area with high average household income and median home values.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jon Kontopidis
    Real Estate License ID: GA
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    5950 Hugh Howell Rd, Stone Mountain, GA 30087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!