1475 Park Place Blvd Stone Mountain, GA 30087
- Grocery and convenience stores
- 66,771 SF
- 11.22 lot acres
Current Use by Public Records
- Emergent Testing / Medical Laboratory
- P+R Stone Mountain / Parking Lot
Property Details for 1475 Park Place Blvd
- Year built
- 1988
- Lot size
- 11.22 lot acres
- Property size
- 66,771 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Grocery and convenience stores
- APN
- 6-061 -109
- APU
- 6061109
Description
This exceptional 63,070 square foot freestanding retail building is situated on a 7.959-acre lot in the thriving Stone Mountain, Georgia market. Located at 1475 E Park Place Boulevard, this single-tenant property offers unparalleled visibility and accessibility. Built in 1988, the building is currently vacant, presenting a unique opportunity for a business seeking a substantial space in a high-traffic area. The property boasts 300 free surface parking spaces, ensuring ample convenience for customers and employees. The building's size and layout provide flexibility for a wide range of retail uses. Its location in Gwinnett County, Georgia, offers access to a strong consumer base and excellent transportation links. The property's significant size and ample parking make it ideal for a large-format retailer, a multi-tenant development, or a business requiring extensive warehouse or storage space. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant potential for growth and return on investment. The entire 63,070 square feet is available for lease. The property's address is 1475 E Park Pl Blvd, Stone Mountain, GA 30087.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,055,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,050,000
- 6.5%
- $1,155,000
- 7%
- $1,040,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,265,000
- Geo Method
- $970,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,045,000
- Retail
- $985,000
- Mixed-Use
- $1,100,000
- Hospitality
- $1,150,000
- Educational
- $1,195,000
- Residential Income
- $915,000
- Energy
- $1,230,000
- Income-Based Land
- $1,165,000
- Food Service
- $935,000
Location Insight
- Map
- Local Demand
- City
- Stone Mountain
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1105
- Latitude
- 33.8221
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
