Technical
Financial
Distress signals
Property profile

1019 Memorial Dr Griffin, GA 30223

OFF-MARKET
Retail space
Property ID
US22-1997926
8,000 SF 2.13 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Construction STEEL FRAME
Total area 8,000 SF
Lot 2.13 ac (92,783 SF)
Zoning code PCD
APN 020A-02-001
UPID US22-1997926

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Bank Credit Union

Location

1019 Memorial Dr Griffin, GA 30223-4452
Griffin metro Census 160900 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.73M
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$370k

Owner & transaction history

Zoning & alternative use

PCD · Griffin, GA
Zoning description

It shall be the intent of this zoning district to promote and encourage the clustering of commercial uses which occur along arterial thoroughfares; to promote and encourage the infill of commercial uses between existing…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.4M +64.3%
Commercial (general) $1.1M +25.3%
Auto repair, garage $925,000 +7.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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