Brick Office Building With Adjacent
945 S Hairston Rd Stone Mountain, GA 30083
945 S Hairston Rd, Stone Mountain, GA, 30083
$549,999
For Sale
$549,999
Two adjacent properties on a major corridor, including a four-sided brick office building and an additional parcel for redevelopment.
Property Size1,646 SF
Price / SF$334.14
Days on Market72
Property Features for 945 S Hairston Rd
General Information
- Standard status
- Active
- Size
- 1,646 SF
Listing agency
Method Real Estate Advisors
(470) 753-9065
Listed by
Miya Lewis
(470) 753-9065
Source
Exprealty
Added: May 12 Updated: Jul 21 at 8:25PM Checked: Jul 21 at 8:25PM
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 Method Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering includes two adjacent commercial properties: 945 S Hairston Road and 959 S Hairston Road. 945 features an existing four-sided brick office building with approximately 184 feet of frontage next to Hairston Park. The property is currently zoned O/I and is described as supporting a range of professional and office-oriented uses, with redevelopment concepts potentially possible subject to zoning and county approval. Properties are sold as-is.
The assemblage is positioned along the S Hairston Road corridor and is presented for strong visibility and road frontage. 959 consists of an additional 0.86-acre parcel positioned near Stone Mountain Park with convenient access to I-285 and US-278, and it is surrounded by established businesses and ongoing development, including a new church under construction across the street.
Together, the combined parcels provide expanded frontage and an assemblage configuration intended to offer flexibility for future office, retail, medical, restaurant, mixed-use, multifamily, or service-based concepts, subject to DeKalb County zoning and permitted use approval. Buyer should independently verify zoning, land use, and permitted uses with DeKalb County.
The assemblage is positioned along the S Hairston Road corridor and is presented for strong visibility and road frontage. 959 consists of an additional 0.86-acre parcel positioned near Stone Mountain Park with convenient access to I-285 and US-278, and it is surrounded by established businesses and ongoing development, including a new church under construction across the street.
Together, the combined parcels provide expanded frontage and an assemblage configuration intended to offer flexibility for future office, retail, medical, restaurant, mixed-use, multifamily, or service-based concepts, subject to DeKalb County zoning and permitted use approval. Buyer should independently verify zoning, land use, and permitted uses with DeKalb County.
Key Highlights
- Two adjacent commercial properties on S Hairston Road in Stone Mountain: 945 and 959 S Hairston Road
- 945 S Hairston Rd includes an existing four‑sided brick office building with approximately 184 ft of road frontage next to Hairston Park
- 945 S Hairston Rd is currently zoned O/I and may support professional, medical, educational, financial, and office uses (subject to verification)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.3k | $23.87 |
| − Vacancy | −$9.9k | −$6.02 |
| EGI | $29.4k | $17.85 |
| − OpEx | −$7.3k | −$4.46 |
| NOI | $22.0k | $13.39 |
1,646 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$314.9K
$275.5K – $367.4K
NOI $22,042 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.1K
$402.6K – $536.8K
NOI $32,208 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
iHurry Auto Transport
Trucking Company
Champion Wings
Restaurant
Metro by T-Mobile
Mobile Phone Store
Nail Images
Nail Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two adjacent properties on a major corridor, including a four-sided brick office building and an additional parcel for redevelopment.
Where is this office building located?
The property is located at 945 S Hairston Rd Stone Mountain, GA.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two adjacent commercial properties on S Hairston Road in Stone Mountain: 945 and 959 S Hairston Road; 945 S Hairston Rd includes an existing four‑sided brick office building with approximately 184 ft of road frontage next to Hairston Park; 945 S Hairston Rd is currently zoned O/I and may support professional, medical, educational, financial, and office uses (subject to verification)
