1115 Morrow Rd, Morrow, GA 30260
- Strip malls
- 11,340 SF
- 0.72 lot acres
Current Use by Public Records
- KLoveQualityDesigns / Hardware & Home Improvement / Furniture & Home Goods
- Crescent Contracting Inc / Construction Company / General Contractor
Property Details for 1115 Morrow Rd
- Year built
- 1977
- Lot size
- 0.72 lot acres
- Zone code
- C
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 13-113B- D-001
- APU
- 13113BD001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 11, 2025 | $1,164,000 | Cws Investments INC | 4 Woods LLC | Warranty Deed | — |
| Oct 13, 2023 | — | Four Woods LLC | — | Deed · related | $1.2M · Cws Investments |
| Jul 19, 2023 | — | Four Woods LLC | — | Deed · related | $1.2M · Cws Investments |
| Feb 10, 2022 | $700,000 | Four Woods LLC | Lurton Capital LLC | Warranty Deed | $600k · Lurton Capital |
| Jul 30, 2020 | $1,250,000 | Lurton Cap LLC | Lurton Cap LLC|gkc Homes Ga LLC | Foreclosure · related | — |
| Dec 18, 2018 | — | Gkc Homes Ga LLC | — | Trustees Deed · related | $1.5M · Lurton Cap LLC |
| Dec 12, 2014 | $325,000 | Hb Asset Management LLC | Morrow Properties Lllp | Trustees Deed · related | — |
| Apr 28, 2004 | — | Morrow Prop Lllp | — | Trustees Deed · related | $125k · Heritage Bk NA-09 |
| — | — | Morrow Prop Lllp | — | Deed Of Trust · related | $100k · Heritage Bk NA-09 |
| — | — | Morrow Prop Lllp | — | Deed Of Trust · related | $250k · Heritage Bk NA-09 |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $485,000
- ML approach
- $445,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $445,000
Market price range: $223k - $986k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Morrow
- County
- Clayton
- State
- Georgia
- Longitude
- -84.354
- Latitude
- 33.5875
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
