1423 Stockbridge Rd Jonesboro, GA 30236
- Strip malls
- 7,395 SF
- 1.00 lot acres
Current Use by Public Records
- Dale Self Storage Facility / Self-Storage Facility / Storage Facility
- Cakd by Tae / Bakery
- Ms.Sweet's Bakery / Cake Shop / Service Establishment
- Jithoer Facility / Storage Facility
- Lucky Grocery / Supermarket
Property Details for 1423 Stockbridge Rd
- Year built
- 1974
- Lot size
- 1.00 lot acres
- Property size
- 7,395 SF
- Zone code
- C
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 12-017B- A-003
- APU
- 12017BA003
Description
This exceptional retail opportunity presents a 9,050 square foot center situated on a one-acre lot at 1423 Stockbridge Rd, Jonesboro, GA 30236. The property, known as Spivey Plaza, boasts a prime location on busy Stockbridge Rd, featuring a dedicated turn lane, two convenient access points, and ample parking (10 spaces per 1000 sqft). Built in 1974 and renovated in 2010, this Class C center comprises two single-story buildings with five suites, offering a minimum divisible space of 1,100 square feet. The property benefits from prominent pylon signage and is strategically located near the intersection of Stockbridge Rd and Walt Stephens Rd (Hwy 138), providing easy access to Hwy 54 (Jonesboro Rd) and US 41. Spivey Plaza enjoys a thriving commercial environment, neighboring established businesses such as Cakd by Tae Bakery, Greedy Man's Barbeque, Lucky's Grocery Store, and Janetta's House of Nursing Wound Care & IV Hydration. Its proximity to Lee Park, City Center, Hartsfield-Jackson International Airport (10 miles), and Downtown Atlanta (15 miles) further enhances its appeal. The property is zoned CB and has an APN of 12-017B-00A-003. Currently, one suite is built out as a dance studio. This location offers a blend of small-town charm and convenient access to major transportation routes and urban amenities. The property is served by electric power
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,040,000
- 6.5%
- $1,115,000
- 7%
- $955,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,135,000
- Geo Method
- $1,080,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,100,000
- Retail
- $1,170,000
- Mixed-Use
- $960,000
- Hospitality
- $1,005,000
- Educational
- $1,070,000
- Residential Income
- $990,000
- Energy
- $845,000
- Income-Based Land
- $875,000
- Food Service
- $875,000
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3443
- Latitude
- 33.5283
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
