Tara Blvd, Jonesboro, GA 30236
This exceptional investment opportunity presents a fully established, high-volume retail center in Jonesboro, GA. The property boasts a substantial 12,600 square feet of space, strategically situated on a 1.15-acre lot with 147 feet of prominent road frontage. The property includes a well-established adult novelty store operating for over two decades, complemented by a thriving tattoo parlor and smoke shop, all operating within the main building. This unique combination generates a significant net operating income (NOI) of $1,110,620, translating to an attractive 30% capitalization rate. The sale includes the real estate, existing inventory, and all three established businesses. The clean and well-maintained building offers ample space, including several offices, bathrooms, and warehouse storage. Additional value-added opportunities exist, such as the potential development of a game machine room. This prime location in a rapidly growing area ensures continued high traffic and strong potential for future growth. The property is offered at $3,650,000. A non-disclosure agreement (NDA) is required before providing the full address and detailed due diligence materials.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.