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Property profile & analytics

1858 Jonesboro Rd Mcdonough, GA 30253-5960

  • Turn key restaurants
  • 3,906 SF
  • 1.14 lot acres
OFF-MARKET
Last Sale
Jan 13, 2023
Value Estimations
$415,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-1178364
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

  • Hootie's Burger Bar / Hamburger Restaurant / Takeout Restaurant
  • Hooters / American Restaurant / Hamburger Restaurant

Property Details for 1858 Jonesboro Rd

Year built
2002
Construction
WOOD
Lot size
1.14 lot acres
Property size
3,906 SF
Zone code
C3
Property type
Turn key restaurants
APN
054-01064000
APU
5401064000

Description

This exceptional 4,334 sq ft vacant restaurant building, situated on a 1.14-acre pad site in McDonough, GA's Henry Town Center, presents a remarkable investment or lease opportunity. Built in 2002 and renovated in 2018, the property boasts prime visibility along Jonesboro Road, experiencing a daily traffic count of 33,800 vehicles, and enjoys convenient access to I-75 (152,000 vehicles daily). The location is anchored by major retailers including Target, Home Depot, Sam's Club, and more, ensuring high foot traffic and brand recognition. The property offers ample parking (20.77 spaces per 1,000 sq ft) and caters to a robust demographic, with average household incomes exceeding $102,930 within a one-mile radius, and strong projected growth in population and income over the next five years. This versatile space is ideal for a variety of restaurant, retail, or service-oriented businesses seeking to capitalize on this high-traffic, high-income area. The asking price is $3,000,000, and a triple net lease option is available at $45/SF/year. This is a rare chance to acquire a well-positioned property in a thriving commercial corridor.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $395,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $431,000
    Market price range: $258k - $604k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mcdonough
County
Henry
State
Georgia
Longitude
-84.2179
Latitude
33.4651
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
$23,159
$415,160
$158,680
$573,840
-
$1,037,900
$396,700
$1,434,600
More about this property
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