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784 Second Street, Stone Mountain, GA 30083

Commercial space in Stone Mountain’s historic downtown is identified for office and retail use.

Property Size1,984 SF
Price / SF$2.14
Days on Market5

Property Features for 784 Second Street

General Information

Standard status Active
Size 1,984 SF
Property subtype Commercial

Amenities

0.2 acres, Business Park, Level, Near Public Transit
Wood
Public Sewer
Parcel Number: 18 074 10 013
Central Air
Central
Listing ID: 10873500, Standard Status: Active, MLS Status: New, On market as of 2026-10-16, 2 days on market
Parking Lot, Paved
Built in 1984, Construction Materials: Aluminum Siding
County/Parish: DeKalb
Fixer
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Source: Public, 220 Volts

Building Details

Building Size 1,984 SF
Year Built 1984
Listing Agency: Keller Williams Realty Atl. Partners
Listed By: Eric C Render · License #360547
Source: Blackstreaminternational
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:34PM

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 Realty Atl. Partners

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Investment Insights

Based on property information with market context.

This Stone Mountain commercial property contains approximately 2,100 square feet of space designated for office and retail use. The building was constructed in 1984.

The property is at 784 Second Street in the historic downtown area. Its location and stated office and retail uses provide the key details for evaluating the space.

Key Highlights

  • Approximately 2,100 square feet of commercial space
  • Built in 1984
  • Located at 784 Second Street in Stone Mountain’s historic downtown

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,515
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,300 $510.3K
Cap Rate 7%
$364,500 $364.5K
Cap Rate 9%
$283,500 $283.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$45.4K $21.60/SF
− Vacancy
−$4.5K −$2.16/SF
EGI
$40.8K $19.44/SF
− OpEx
−$15.3K −$7.29/SF
NOI
$25.5K $12.15/SF
Area
DeKalb 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 Rate 5%
$510,300
Cap Rate 7%
$364,500
Cap Rate 9%
$283,500

Alternative Uses

Best Use
Retail
$422.0K
$369.2K – $492.3K (±1% cap)
NOI $29,537 @ 7.0% cap · market cap 656.38%
Second Best
Mixed Use
$364.5K
$318.9K – $425.3K (±1% cap)
NOI $25,515 @ 7.0% cap · market cap 567.00%
Theoretical Best
Office A
$587.0K
$513.7K – $684.9K (±1% cap)
NOI $41,092 @ 7.0% cap · market cap 913.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 30083, GA

58,064
Population
24,282
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
3,244
Density / Sq Mi
$54,162
Median Household Income
$33,586
Median Earnings
$1,356
Median Rent
$221,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space in Stone Mountain’s historic downtown is identified for office and retail use.
Where is this mixed-use property located?
The property is located at 784 Second Street Stone Mountain, GA.
What are key features of this property?
This property features: Approximately 2,100 square feet of commercial space; Built in 1984; Located at 784 Second Street in Stone Mountain’s historic downtown
More about this property
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