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Property profile & analytics
OFF-MARKET
Investment properties

1589 Stockbridge Rd Jonesboro, GA 30236-3742

1,620 SF 1.93 ac lot Built 1978
Individually Owned 17-yr Hold Free & Clear
Property ID
US22-1115278
Property summary
AI-generated overview

This exceptional 1.93-acre commercial development opportunity in Jonesboro, Georgia, is ideally situated minutes from the Clayton County Courthouse and commercial district. Boasting convenient access to Stockbridge Road and potential access to Highway 138, this prime property offers significant development potential. The zoning allows for a diverse range of uses, including live/work spaces, restaurants, offices, and specialized uses such as medical facilities. Currently, a single-family residence sits on the property. The asking price is $350,000. Please note that the current residence is occupied; disturbing the occupants or trespassing on the property is strictly prohibited. Showings are by appointment only, and proof of funds is required prior to scheduling a viewing. This presents a unique chance to acquire a versatile property in a thriving location. The property's location near key infrastructure and its flexible zoning make it an attractive investment for various commercial ventures. The 30236 zip code offers easy access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1978
Construction FRAME
Total area 1,620 SF
Lot 1.93 ac (84,071 SF)
Zoning code MX
APN 12-018A- B-006
UPID US22-1115278
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DEBORAH F PENNINO
DEBORAH F PENNINO
Zoning & alternative use
MX · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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