You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Strip malls

1115 Morrow Rd Morrow, GA 30260

11,340 SF 0.72 ac lot Built 1977
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US22-1548740
Property summary
AI-generated overview

This exceptional 22,000 square foot shopping center presents a compelling value-add investment opportunity in Morrow, Georgia. Located at 1115 Morrow Road, this multi-tenant property, currently vacant, offers six units within a single, two-story building constructed in 1977. The property sits on a 0.72-acre lot and includes 50 parking spaces, ensuring ample customer convenience. With a permitted NB zoning classification, the property benefits from excellent visibility, strategically positioned across from BC Haynie Elementary School. The asking price is $1,575,000, translating to $71.59 per square foot. While currently vacant, a pro-forma NOI of $252,356 projects a 16.02% cap rate, highlighting the significant potential for return on investment. Strong demographics within a three-mile radius, including a population of 76,237 residents with an average household income of $53,975, further support the property's investment potential. This property offers a rare chance to capitalize on a prime retail location in a thriving community. The property's size, location, and potential for significant rental income make it an attractive proposition for investors seeking a value-add opportunity in the Atlanta MSA. The property's address is 1115 Morrow Rd, Morrow, GA 30260. The Clayton County location and ample parking further enhance its appeal.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Total area 11,340 SF
Lot 0.72 ac (31,450 SF)
Zoning code C
APN 13-113B- D-001
UPID US22-1548740
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KLoveQualityDesigns Hardware & Home Improvement Furniture & Home Goods
  • Crescent Contracting Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$446k
Blend (final) Blend
$555k
Owner & transaction history
Cws Investments INC
Cws Investments INC
since 2025
Last sale
$700,000
7 recorded transactions
2025
$1.2M
2023
Price N/A
2023
Price N/A
2022
$700,000
2020
$1.3M
2018
Price N/A
2014
$325,000
Zoning & alternative use
C · Morrow, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message