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    Property profile & analytics

    1518 Southlake Pkwy Morrow, GA 30260-3021

    • Retail space
    • 19,720 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $1,830,000
    Last Sale
    Dec 10, 2021
    $1,688,842
    Location Intelligence
    Property ID
    US22-1269959
    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

    • Data / Chiropractor / Furniture Store
    • Save and Tell Furniture / Furniture Store / Mattress Store

    Property Details for 1518 Southlake Pkwy

    Year built
    1996
    Lot size
    2.10 lot acres
    Property size
    19,720 SF
    Zone code
    C
    Property type
    Retail space
    APN
    12-111A- B-019
    APU
    12111AB019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,880,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,730,000
      6.5%
      $1,910,000
      7%
      $1,870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,500,000
      Geo Method
      $1,690,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,585,000
      Retail
      $1,640,000
      Mixed-Use
      $1,845,000
      Hospitality
      $1,980,000
      Educational
      $2,010,000
      Residential Income
      $1,775,000
      Energy
      $1,880,000
      Income-Based Land
      $1,825,000
      Food Service
      $1,630,000

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.34
    Latitude
    33.5739
    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
    $34,560
    $109,760
    $705,720
    $815,480
    -
    $274,400
    $1,764,300
    $2,038,700

    Comparable in this City

    • Value Estimation
      $60,000
      1,044 SF

      1158 Ss Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,044 SF
      1158 Ss Ave, Morrow, GA 30260-3413
      View Details
    • Value Estimation
      $260,000
      3,373 SF

      2260 Lk Harbin Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,373 SF
      2260 Lk Harbin Rd, Morrow, GA 30260-1930
      View Details
    • Value Estimation
      $385,000
      3,182 SF

      2297 Lk Harbin Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,182 SF
      2297 Lk Harbin Rd, Morrow, GA 30260-1935
      View Details
    • Value Estimation
      $320,000
      6,840 SF

      6702 Mt Zion Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,840 SF
      6702 Mt Zion Blvd, Morrow, GA 30260-3102
      View Details
    • Value Estimation
      $495,000
      4,875 SF

      1297 Mt Zion Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,875 SF
      1297 Mt Zion Rd, Morrow, GA 30260-2339
      View Details
    • Value Estimation
      $325,000
      7,750 SF

      5346 Jonesboro Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,750 SF
      5346 Jonesboro Rd, Morrow, GA 30260-3554
      View Details

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    Similar Nearby for Lease

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      Jonesboro Road Retail Opportunity

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    • $14 SF/Yr
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      Morrow Retail Space: 31,062 SF

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      View Details
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    Morrow, GA 30260-3021
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    Realmo Value Estimation

    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.

    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.

    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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