Property profile

1553 Jonesboro Rd SE Atlanta, GA 30315

FOR SALE
Retail space
Property ID
US22-4436827
780 SF 0.28 ac lot Built 1930
Entity Owned 5-yr Hold Free & Clear
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1553 Jonesboro Rd SE, Atlanta, GA 30315 For Sale
$300,000 780 SF
1553 Jonesboro Rd SE, Atlanta, GA 30315
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Property summary

AI-generated overview

This exceptional investment opportunity presents a long-standing convenience store located at 1553 Jonesboro Rd SE, Atlanta, GA 30315, in Fulton County. Priced at $349,900, this property boasts a prime corner lot featuring both a well-established convenience store and a separate house, offering significant potential for diverse income streams. The store enjoys a loyal customer base and a varied product selection. The property also includes additional space behind the main structures, providing further development possibilities. Its strategic location offers convenient access to the BeltLine and Mercedes-Benz Stadium, ensuring high visibility and foot traffic. The property is zoned for mixed use, opening doors to a wide range of future development options. This is a truly unique opportunity to acquire a profitable, established business with significant upside potential. The property is being sold "as is." The property's latitude and longitude coordinates are 33.7106605, -84.3820137 respectively.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 780 SF
Lot 0.28 ac (11,979 SF)
Zoning code R4
APN 14 005700120124
UPID US22-4436827

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
  • Grocery & Convenience Store
  • Atm
  • Grocery & Convenience Store Food Market

Location

1553 Jonesboro Rd SE Atlanta, GA 30315
Atlanta metro Census 6702 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
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$200,000
4 recorded transactions
2021
$200,000
2021
Price N/A
2011
$150,000
2006
Price N/A

Zoning & alternative use

R4 · Atlanta, GA

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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