7301 Stonecrest Concourse Lithonia, GA 30038-6901
- Strip malls
- 37,900 SF
- 4.28 lot acres
Current Use by Public Records
- H&R Block / Tax Preparation / Tax Consultant
Property Details for 7301 Stonecrest Concourse
- Year built
- 2002
- Lot size
- 4.28 lot acres
- Property size
- 37,900 SF
- Zone code
- X
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 16 170 01 028
- APU
- 1617001028
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,710,000
- 6.5%
- $6,845,000
- 7%
- $6,165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,995,000
- Geo Method
- $7,290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,275,000
- Retail
- $6,360,000
- Mixed-Use
- $6,530,000
- Hospitality
- $7,465,000
- Educational
- $5,630,000
- Residential Income
- $6,670,000
- Energy
- $7,110,000
- Income-Based Land
- $6,055,000
- Food Service
- $5,925,000
Location Insight
- Map
- Local Demand
- City
- Lithonia
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.0931
- Latitude
- 33.6953
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA