Property profile

1035 Southcrest Dr Stockbridge, GA 30281

FOR LEASE
Office buildings
Property ID
US22-4550989
41,950 SF 9.66 ac lot Built 2005
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents two Class A buildings comprising Southcrest Medical Plaza I & II, located at 1035 Southcrest Dr, Stockbridge, GA 30281. The property boasts a total of 9.5 acres of land and features two, two-story buildings with elevator access. Currently, there are multiple tenants, with a combined 3,415 square feet of vacant space available, ranging from smaller suites to larger spaces. The zoning is C3, allowing for a variety of uses. The property's strategic location provides convenient access to major thoroughfares including I-75, I-675, and Highway 138, ensuring excellent visibility and accessibility for patients and staff. Its placement is ideal for capturing a significant patient base from Henry, Clayton, South DeKalb, and South Fulton counties. The existing presence of primary care and pediatric practices within the buildings creates a strong foundation for referrals and synergistic opportunities. The first-floor lobby offers excellent exposure for tenants seeking high visibility. This is a rare opportunity to acquire a well-established, high-quality medical and office complex in a thriving location. The property offers a blend of established tenancy and readily available space, making it an attractive option for both investors and businesses seeking a prime location in a growing market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction STEEL FRAME
Total area 41,950 SF
Lot 9.66 ac (420,877 SF)
Zoning code C3
APN 012-03013000
UPID US22-4550989

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
  • Physician
  • Medical Clinic
  • Physician
  • Physician
  • Physician

Location

1035 Southcrest Dr Stockbridge, GA 30281
Stockbridge metro Census 70115 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.90M
CAP Approach CAP
$9.22M
Comparable Approach Comparable
$9.43M
Blend (final) Blend
$8.27M

Owner & transaction history

since 2022
Last sale
$9.3M
7 recorded transactions
2024
Price N/A
2022
$9.3M
2011
Price N/A
2008
Price N/A
2004
$271,100
2004
$50,000
2004
$39,000

Zoning & alternative use

C3 · Stockbridge, GA
Zoning description

District is to provide distinct areas for commercial activities which provide products and services that require locations along major arterial roads, highway intersections, and freeway interchange areas, due to their ge…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $9.4M +42.2%
Auto repair, garage $8.7M +31.3%
Retail stores $8.4M +27.7%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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