Mixed-Use Redevelopment
New
For Sale
$1,500,000
7255 Tara Boulevard, Jonesboro, GA 30236
Existing improvements and prominent Tara Boulevard exposure support redevelopment or interim commercial use, subject to approvals.
Property Size1,981 SF
Price / SF$386
Days on Market5
Property Features for 7255 Tara Boulevard
General Information
Standard status
Active
Size
1,981 SF
Property subtype
Other
Amenities
1.027 acres, Business Park
Chain Link
Public Sewer
Annual Amount: $27,506, Year: 2025
Tile, Carpet
Central Air
Electric
Cumulative Days on Market: 1, First day on market, On Market Date: 2026-08-19
Parking Total: 15, On Street, Parking Lot
Built in 1981, Vinyl Siding, Mixed Use
County: Clayton
Resale
440 Volts, Electricity Available, Phone Available, Sewer Available, Water Available, Public
Close Of Escrow
Garage Van Access
Fire Sprinkler System
Furniture
Building Details
Building Size
1,981 SF
Year Built
1981
Listing Agency:
Keller Williams West Atlanta
(678) 276-9511
Listed By:
Sy Wigginton
(678) 276-9511
Source:
Blackstreaminternational
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 4:03AM
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 Keller Williams West Atlanta
Investment Insights
Based on property information with market context.
This mixed-use property at 7255 Tara Boulevard includes existing improvements constructed in 1981 and offers a redevelopment platform along a heavily traveled commercial corridor. The property size is listed as 3,876, with no unit of measurement specified. Existing improvements may support interim occupancy or an alternative use while redevelopment plans are evaluated.
Tara Boulevard exposure is paired with reported traffic of approximately 54,999 vehicles per day. The site’s stated mixed-use potential may accommodate concepts such as retail, restaurant or QSR, convenience retail, medical, professional services, childcare, automotive-related uses, neighborhood commercial, or mixed-use development, subject to zoning and governmental approvals.
Tara Boulevard exposure is paired with reported traffic of approximately 54,999 vehicles per day. The site’s stated mixed-use potential may accommodate concepts such as retail, restaurant or QSR, convenience retail, medical, professional services, childcare, automotive-related uses, neighborhood commercial, or mixed-use development, subject to zoning and governmental approvals.
Key Highlights
- Approximately 54,999 VPD on Tara Boulevard
- Mixed‑use redevelopment potential, subject to zoning and governmental approvals
- Existing improvements constructed in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,093
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$941,860
$941.9K
Cap Rate 7%
$672,757
$672.8K
Cap Rate 9%
$523,256
$523.3K
Market Conditions
NOI Build-Up for 3,876 SF
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.
Gross rent
$83.7K $21.60/SF
− Vacancy
−$8.4K −$2.16/SF
EGI
$75.3K $19.44/SF
− OpEx
−$28.3K −$7.29/SF
NOI
$47.1K $12.15/SF
Area
Clayton County, GA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$941,860
Cap Rate 7%
$672,757
Cap Rate 9%
$523,256
Alternative Uses
Best Use
Mixed Use
$672.8K
$588.7K – $784.9K
NOI $47,093 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.1K – $1.26M
NOI $75,844 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Explore this area
Business Placement
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing improvements and prominent Tara Boulevard exposure support redevelopment or interim commercial use, subject to approvals.
Where is this mixed-use property located?
The property is located at 7255 Tara Boulevard Jonesboro, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 54,999 VPD on Tara Boulevard; Mixed‑use redevelopment potential, subject to zoning and governmental approvals; Existing improvements constructed in 1981
