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Property profile & analytics

118 Stockbridge Rd Jonesboro, GA 30236-3627

  • Medical offices
  • 6,161 SF
  • 0.89 lot acres
OFF-MARKET
Last Sale
Feb 22, 2021
$415,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-1467796
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.

Current Use by Public Records

  • Mental Health & Wellness | Jonesboro | Pathway to Peace LLC / Mental Health Clinic
  • Dui evaluation asam treatment / Counselor
  • Peculiar One Counseling / Mental Health Service
  • Peculiar One Counseling & Consultant / Counselor
  • Vesta Realty Group / Real Estate Agency

Property Details for 118 Stockbridge Rd

Year built
1973
Lot size
0.89 lot acres
Property size
6,161 SF
Zone code
C
Property type
Medical offices
Property subtype
Medical centers
APN
13-241B- D-011
APU
13241BD011

Description

This 1978-built, 2018-renovated office building in Jonesboro, Georgia, presents a compelling investment opportunity. The property, located at 118 Stockbridge Road, 30236, comprises 14 office suites ranging from approximately 125 to 1,200 square feet, suitable for various uses including staffing agencies, professional services, creative spaces, and other small businesses. The building sits on a 0.3-acre lot with ample green space, offering unique potential, especially when considered in conjunction with the neighboring property at 112 Stockbridge Road (available for separate acquisition). The property includes approximately 23 parking spaces and benefits from a prime location just one block from Jonesboro's Main Street, offering easy access to restaurants, including the popular Slutty Vegan, and within a 10-minute walk of Jonesboro's city hall complex. The building features long-term, stable anchor tenants, providing immediate cash flow, with additional upside potential from currently vacant suites. A virtual walkthrough is available online. The asking price for this multi-tenant office building is $900,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Jonesboro
County
Clayton
State
Georgia
Longitude
-84.3523
Latitude
33.5234
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
$6,281
$31,080
$129,920
$161,000
-
$77,700
$324,800
$402,500
More about this property
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