Technical
Financial
Distress signals
Property profile

1544 Tara Rd Jonesboro, GA 30238

OFF-MARKET
Strip malls
Property ID
US22-1353977
17,075 SF 2.58 ac lot Built 2005
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 1544 Tara Rd, Suite B, Jonesboro, GA 30238, presents a significant retail opportunity. The 19,073 square foot building sits on a 2.58-acre lot in Clayton County, offering a single-tenant occupancy. Boasting a prime location with an average annual daily traffic (AADT) count of 47,000 vehicles, this well-maintained property enjoys easy access to Highway 75 and public transportation. The property includes 100 free surface parking spaces, ensuring ample customer convenience. The surrounding area benefits from a strong demographic profile, with Clayton County boasting a population of 101,243 and a household annual income of $55,000. The versatile space is ideal for a variety of uses, including but not limited to nail/hair salons, restaurants, or insurance/business offices. A minimum 36-month lease is required. While 1150 square feet is currently available for lease, the entire 19,073 square foot building is also available. The property is situated in the heart of Jonesboro, Georgia, offering excellent visibility and accessibility.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 17,075 SF
Lot 2.58 ac (112,385 SF)
Zoning code MX
APN 06-095A- A-127
UPID US22-1353977

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Take-out & Catering Catering Service

Location

1544 Tara Rd Jonesboro, GA 30238-6509
Jonesboro metro Census 40623 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.79M

Owner & transaction history

since 2019
6 recorded transactions
2019
$1.3M
2019
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MX · Jonesboro, GA
Zoning description

Mixed use districts for establishment of complementary groupings of residential, commercial or office uses

General category MIXED_USE
Top alternative use upside
Office building $2.4M +0.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1544 Tara Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message