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    1056 Eagles Lndg Pkwy Stockbridge, GA 30281-5012
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    Property profile & analytics

    1056 Eagles Lndg Pkwy Stockbridge, GA 30281-5012

    View on Map
    • Drug stores
    • 14,736 SF
    • 1.51 lot acres
    Off-Market
    Last Sale Apr 29, 2022
    $5,700,000
    Property ID
    US22-3133096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,315,000
    Show details
    Cap Rate Potential
    4.1%
    Drug stores
    Location Intelligence

    Current Use by Public Records

    • Walgreens Pharmacy / Pharmacy
    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Electric Vehicle Charging Station / Electric Vehicle Charging Station
    • Cardtronics / Atm
    • Roma N. Patel, PharmD / Pharmacy

    Property Details for 1056 Eagles Lndg Pkwy

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    1.51 lot acres
    Property size
    14,736 SF
    Property type
    Drug stores
    APN
    051-01009049
    APU
    5101009049

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,050,000
      ML approach
      $5,540,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,455,000
      6.5%
      $3,190,000
      7%
      $2,960,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,581,000
      Market price range: $1.32M - $4.58M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,290,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stockbridge
    County
    Henry
    State
    Georgia
    Longitude
    -84.2238
    Latitude
    33.5117
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $47,093
    $342,040
    $857,960
    $1,200,000
    -
    $855,100
    $2,144,900
    $3,000,000

    Comparable in this City

    • Value Estimation
      $615,000
      3,372 SF

      4467 Henry Blvd

      DRUG STORE, PHARMACY • 3,372 SF
      4467 Henry Blvd, Stockbridge, GA 30281-3656
      View Details
    • Value Estimation
      $1,855,000
      10,777 SF

      5095 Mt Zion Pkwy

      DRUG STORE, PHARMACY • 10,777 SF
      5095 Mt Zion Pkwy, Stockbridge, GA 30281-7825
      View Details
    • Value Estimation
      $5,550,000
      15,209 SF

      1855 Hudson Brg Rd

      DRUG STORE, PHARMACY • 15,209 SF
      1855 Hudson Brg Rd, Stockbridge, GA 30281-5000
      View Details
    • Value Estimation
      $1,740,000
      10,113 SF

      5415 Henry Blvd

      DRUG STORE, PHARMACY • 10,113 SF
      5415 Henry Blvd, Stockbridge, GA 30281-3222
      View Details
    • Value Estimation by Request
      16,800 SF

      1060 Eagles Landing Pkwy

      Individual retail properties • 16,800 SF
      1060 Eagles Landing Pkwy, Stockbridge, GA 30281
      View Details
    • Value Estimation by Request
      635 SF

      125 Wilson Ave

      RETAIL STORES (PERSONAL SERVICES) • 635 SF
      125 Wilson Ave, Stockbridge, GA 30281-3737
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,014 SF

      Stockbridge Retail Property For Sale

      Retail property in a high-traffic, densely populated area.
      3440 N Henry Blvd, Stockbridge, GA 30281
      View Details
    • $2,149,900
      14,510 SF

      Stockbridge Commercial Building on North Henry

      Versatile commercial building with showroom, warehouse, and office space.
      4062 N Henry Blvd, Stockbridge, GA 30281
      View Details
    • $2,499,900
      Pending

      Stockbridge Commercial Opportunity

      Turnkey sports bar, restaurant, and nightclub on nearly 3 acres.
      5425 N Henry Blvd, Stockbridge, GA 30281
      View Details
    • New
      $459,900
      2.28 Acres

      Prime Commercial Corner in Stockbridge

      2.28-acre commercial parcel at Valley Rd. and Hwy 155.
      Valley Rd, Stockbridge, GA 30281
      View Details
    • $550,000
      2.28 Acres

      Prime Commercial Corner in Stockbridge

      2.28-acre commercial parcel at Valley Rd. and Hwy 155.
      Valley Rd, Stockbridge, GA 30281
      View Details
    • $450,000

      Prime Development Opportunity in Stockbridge

      3.5-acre commercial property zoned C-2 in Home Depot Shopping Center.
      Highway 138, Stockbridge, GA 30281
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Super Walmart

      Retail space with high visibility near a Super Walmart.
      1465 Hudson Bridge Rd, Stockbridge, GA 30281
      View Details
    • $1,500 /Mo
      3,015 SF

      Stockbridge Commercial Retail/Office Space

      Retail/office space available for lease in Stockbridge, GA.
      4462 Walt Stephens Rd, Stockbridge, GA 30281
      View Details
    • $6,533 /Mo
      5,600 SF

      Stockbridge Retail End Cap Space

      5,600 SF retail space in Stockbridge Walk.
      5248 N Henry Blvd, Stockbridge, GA 30281
      View Details
    • Contact for pricing

      Retail Space in Growing Suburb

      Retail space for lease in Stockbridge, GA anchored by Publix.
      909 Eagles Landing Pkwy, Stockbridge, GA 30281
      View Details
    • Contact for pricing

      Highway 155 Retail/Office Opportunity

      Retail and office spaces for lease or sale.
      3565 Highway 155 N, Stockbridge, GA 30281
      View Details
    • Contact for pricing

      Retail Space in Stockbridge, GA

      Nationally-anchored shopping center with strong traffic-driving anchors.
      31 Ga Hwy 138, Stockbridge, GA 30281
      View Details

    Property Visit Statistics

    • Visits by month
      50.2k
    • Visitors by month
      23.0k
    • Avg Time on site
      14 min
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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