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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1227 Rockbridge Rd Stone Mountain, GA 30087-3064

    • Grocery and convenience stores
    • 75,672 SF
    • 8.89 lot acres
    OFF-MARKET
    Value Estimations
    $13,895,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0063394
    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

    • Dillard Electrical Inc / Electrical Service / General Contractor
    • Murray's Cheese / Bakery / Specialty Food Shop
    • CoachmanTileAtl / General Contractor / Renovation Specialist
    • Undercare / Production Facility
    • Authenticate Staff / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 1227 Rockbridge Rd

    Year built
    2005
    Lot size
    8.89 lot acres
    Property size
    75,672 SF
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Grocery and convenience stores
    APN
    6-078 -047
    APU
    6078047

    Description

    Rockbridge Village, located at 1227 Rockbridge Rd SW in Stone Mountain, Georgia 30087, offers prime retail space for lease. This Gwinnett County property boasts a total of 102,445 square feet, encompassing five individual suites. Currently, 7,267 square feet are vacant and available for immediate occupancy. The property is ideal for a variety of retail businesses, with spaces ranging from a minimum of 1,350 square feet to a maximum contiguous space of 1,653 square feet. This multi-tenant retail center provides excellent visibility and accessibility, making it an attractive location for businesses seeking high foot traffic. The property's strategic location in Stone Mountain offers easy access to major transportation routes and a thriving local community. This is a fantastic opportunity to establish or expand your retail presence in a desirable and well-established commercial area. Inquire today to learn more about leasing opportunities and secure your space in this vibrant retail center. The property is classified as Commercial Retail.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $14,650,000
      6.5%
      $13,525,000
      7%
      $12,560,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $12,108,000
      Market price range: $2.78M - $12.1M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $20,440,000
      Current use
      RESTAURANT
      $20,490,000
      Change: +0% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $19,940,000
      Change: -2% Conversion: Moderate
      OFFICE BUILDING
      $18,470,000
      Change: -10% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1325
    Latitude
    33.841
    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
    2023
    $182,991
    $1,600,000
    $3,342,800
    $4,942,800
    -
    $4,000,000
    $8,357,000
    $12,357,000

    Comparable in this City

    • Value Estimation
      $6,795,000
      5,588 SF

      5065 Stone Mtn Hwy

      CONVENIENCE STORE • 5,588 SF
      5065 Stone Mtn Hwy, Stone Mountain, GA 30087-3410
      View Details
    • Value Estimation by Request
      2,022 SF

      5260 Stone Mtn Hwy

      CONVENIENCE STORE • 2,022 SF
      5260 Stone Mtn Hwy, Stone Mountain, GA 30087-3418
      View Details
    • Value Estimation by Request
      819 SF

      1195 Rockbridge Rd

      CONVENIENCE STORE • 819 SF
      1195 Rockbridge Rd, Stone Mountain, GA 30087-2904
      View Details
    • Value Estimation
      $2,200,000
      2,720 SF

      5150 Annistown Rd

      CONVENIENCE STORE • 2,720 SF
      5150 Annistown Rd, Stone Mountain, GA 30087-3834
      View Details
    • Value Estimation
      $1,255,000
      6,600 SF

      2530 Rockbridge Rd

      CONVENIENCE STORE • 6,600 SF
      2530 Rockbridge Rd, Stone Mountain, GA 30087-3655
      View Details
    • Value Estimation
      $1,275,000
      972 SF

      2696 Rockbridge Rd

      CONVENIENCE STORE • 972 SF
      2696 Rockbridge Rd, Stone Mountain, GA 30087-3717
      View Details

    Similar Nearby for Sale

    • $1,250,000
      2,634 SF

      Stone Mountain Retail Investment Opportunity

      High-traffic retail space, 2,634 sq ft.
      5112 Stone Mountain Hwy, Stone Mountain, GA 30087
      View Details
    • Contact for pricing
      83,291 SF

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      Anchored Shopping Center For Sale

      83,921 SF shopping center anchored by LA Fitness.
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    • $930,000
      Pending

      Prime Medical Office Opportunity

      Established medical office with apartment in Stone Mountain, GA.
      2256 Rockbridge Rd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing
      12,750 SF

      Stone Mountain Office/Warehouse Complex

      12,750 SF, 4.29 Acres, C-2 Zoning
      1935 Glenn Club Dr, Stone Mountain, GA 30087
      View Details
    • $379,900
      0.48 Acres

      Renovated Income-Generating Home

      Tenant-occupied, renovated 3 bed, 2 bath home in Stone Mountain.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      335,016 SF

      Stone Mountain Square Shopping Center

      Prime Gwinnett County Retail Opportunity
      5370 Stone Mountain Hwy, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Publix Anchored Retail Center

      Highly visible, fully leased retail center in growing area.
      380 N Deshon Rd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing
      63,070 SF

      Prime Stone Mountain Retail Space

      Large freestanding retail building, ample parking.
      1475 Park Place Blvd, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Retail Space Near Highway 78

      Retail spaces available near major retailers and Highway 78.
      5295 Stone Mtn Fwy, Stone Mountain, GA 30087
      View Details
    • $10 SF/Yr
      42,434 SF

      Stone Mountain Warehouse For Lease

      Large Industrial Space Available; Multiple Suites
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      View Details
    • $96 SF/Yr
      90,671 SF

      Gwinnett County Flex Space Available

      Versatile Industrial Space, Multiple Tenants
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      View Details
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    Stone Mountain, GA 30087-3064
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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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