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Property profile & analytics
OFF-MARKET Estimated value $5,925,000
Grocery and convenience stores

1475 Park Pl Blvd Stone Mountain, GA 30087-3464

66,771 SF 11.22 ac lot Built 1988
Entity Owned 17-yr Hold Free & Clear
Property ID
US22-1036738
Property summary
AI-generated overview

This exceptional 63,070 square foot freestanding retail building is situated on a 7.959-acre lot in the thriving Stone Mountain, Georgia market. Located at 1475 E Park Place Boulevard, this single-tenant property offers unparalleled visibility and accessibility. Built in 1988, the building is currently vacant, presenting a unique opportunity for a business seeking a substantial space in a high-traffic area. The property boasts 300 free surface parking spaces, ensuring ample convenience for customers and employees. The building's size and layout provide flexibility for a wide range of retail uses. Its location in Gwinnett County, Georgia, offers access to a strong consumer base and excellent transportation links. The property's significant size and ample parking make it ideal for a large-format retailer, a multi-tenant development, or a business requiring extensive warehouse or storage space. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant potential for growth and return on investment. The entire 63,070 square feet is available for lease. The property's address is 1475 E Park Pl Blvd, Stone Mountain, GA 30087.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1988
Total area 66,771 SF
Lot 11.22 ac (488,743 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-061 -109
UPID US22-1036738
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
  • Emergent Testing Medical Laboratory
  • P+R Stone Mountain Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.26M
Blend (final) Blend
$5.93M
Owner & transaction history
Georgia Transmission Corp · 17 yrs held
Georgia Transmission Corp
since 2008
1 recorded transaction
2008
$29,000
Zoning & alternative use
C2-GENERAL BUSINESS · Stone Mountain, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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