Property profile

7301 Stonecrest Concourse Lithonia, GA 30038

OFF-MARKET
Strip malls
Property ID
US22-0581935
37,900 SF 4.28 ac lot Built 2002
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail strip center, Stonecrest Village, offers a prime investment opportunity in the thriving Lithonia, Georgia market. Located at 7301 Stonecrest Concourse, zip code 30038, this property boasts a total of 37,730 square feet of retail space. Currently, there is 3,600 square feet of vacant space available, perfect for a variety of retail uses. The center enjoys a highly desirable location, conveniently situated off I-20 and adjacent to the bustling Stonecrest Mall, ensuring high visibility and significant foot traffic. The property is classified as a multi-tenant retail strip center in DeKalb County. This strategic location provides excellent access to a large customer base and offers significant potential for growth and return on investment. The available space presents a unique chance to establish or expand a business within a well-established and thriving retail environment. The property's proximity to major transportation arteries and a regional shopping mall makes it an attractive proposition for businesses seeking high visibility and accessibility. Detailed property information and lease terms are available upon request. Don't miss this opportunity to secure a prime retail space in a high-growth area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 37,900 SF
Lot 4.28 ac (186,219 SF)
Zoning code X
APN 16 170 01 028
UPID US22-0581935

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tax Preparation

Location

7301 Stonecrest Concourse Lithonia, GA 30038-6901
Lithonia metro Census 23440 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.68M
Blend (final) Blend
$6.17M

Owner & transaction history

since 2022
Last sale
$6.4M
7 recorded transactions
2022
$6.4M
2019
$6.4M
2012
Price N/A
2010
$4.4M
2006
$9.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

X · Lithonia, GA
Top alternative use upside
Auto repair, garage $8.2M +14.4%
Apartment house (5+ units) $8.0M +12.0%
Commercial (general) $7.5M +4.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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