1053 Main St Stone Mountain, GA 30083-2922
This exceptional executive office building, located at 1053 Main Street in Stone Mountain, Georgia, presents a compelling investment opportunity. Built in 1945, the single-building property sits on a 0.189-acre lot and is offered at $699,000. Its prime downtown location offers easy access to the historic Stone Mountain Village, providing convenient proximity to local amenities such as shops and restaurants. The area is experiencing significant commercial growth, fueled by recent developments including a new Pepsi Cola plant and upcoming BP gas station construction, along with highway expansion projects. This positive economic momentum suggests strong potential for future appreciation and increased rental income. The versatile space is suitable for a variety of business uses, including executive offices, retail establishments, and service-oriented businesses. The property's strategic location within a thriving community, coupled with the ongoing commercial development, makes it an attractive investment for discerning buyers seeking strong returns in a dynamic market. The property's zoning and permitted uses should be independently verified. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area of Stone Mountain, Georgia, with a zip code of 30083. The property is situated in Dekalb County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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X · Stone Mountain, GACosts & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.