1792 Mt Zion Rd Morrow, GA 30260-4114
- Specialty properties
- 6,200 SF
- 3.29 lot acres
Current Use by Public Records
- Paula Crane Life Enrichment Center / Non-Profit Organization
Property Details for 1792 Mt Zion Rd
- Year built
- 1980
- Lot size
- 3.29 lot acres
- Property size
- 6,200 SF
- Zone code
- C
- Property type
- Specialty properties
- APN
- 12-110C- A-003
- APU
- 12110CA003
Description
This exceptional free-standing retail building, totaling approximately 27,940 square feet, is situated on a 3.29-acre lot in Morrow, Georgia. Located at 1792 Mt Zion Rd, this Class B property boasts a prime location, enjoying high visibility and traffic counts (VPD 22,700) due to its proximity to I-75 (less than one mile), a signalized intersection, and neighboring prominent businesses such as Costco and Strayer University. The building is also conveniently located along the same corridor as South Lake Mall. Currently zoned C, this property offers ample surface parking with approximately 80 spaces. The building features a 22-foot ceiling height and a fully sprinklered system. Recent significant improvements include a new HVAC system (installed within the last 12 months, valued at $100,000) and a resurfaced TPO roof (within the last 18 months). The asking price is $2,900,000 ($103.79/SF). While currently leased to a Life Enrichment Center, the tenant will vacate upon request, presenting a unique opportunity for owner-occupancy or lease to a new tenant. City/County taxes are approximately $15,000 annually. This property represents a compelling investment opportunity in a thriving retail corridor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,190,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $975,000
- 6.5%
- $805,000
- 7%
- $950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $935,000
- Geo Method
- $835,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $840,000
- Retail
- $975,000
- Mixed-Use
- $945,000
- Hospitality
- $815,000
- Educational
- $955,000
- Residential Income
- $1,000,000
- Energy
- $1,020,000
- Income-Based Land
- $810,000
- Food Service
- $865,000
Location Insight
- Map
- Local Demand
- City
- Morrow
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3314
- Latitude
- 33.5702
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
