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Property profile & analytics
OFF-MARKET Estimated value $3,930,000
Super regional malls

1971 Jonesboro Rd 2025 Mcdonough, GA 30253-5972

34,720 SF 3.9 ac lot Built 2002
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US22-4692685
Property summary
AI-generated overview

Towne Centre Village, located at 1971 Jonesboro Rd, McDonough, GA 30253, presents a compelling investment opportunity in a thriving retail corridor. This 34,508 square foot neighborhood center, built in 2004, boasts excellent street visibility on Jonesboro Road, a major thoroughfare with over 16,600 vehicles passing daily. Its strategic position directly across from Henry Town Center ensures high foot traffic and exposure to a substantial customer base. The center features ample parking with 214 spaces, accommodating both tenants and shoppers. Towne Centre Village is anchored by a strong and diverse tenant mix, including established businesses such as T-Mobile, Marble Slab Creamery, American Deli, OneMain Financial, Beauty World, and Red Wing Shoes. This established center offers multiple tenancy opportunities, providing flexibility for investors seeking a diversified portfolio. The property's location within a well-developed area of McDonough, Georgia, ensures consistent demand and strong potential for future growth. The absence of internet cafes further distinguishes this property, offering a unique opportunity within the current market. This is an exceptional opportunity to acquire a well-established retail center in a high-growth area.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2002
Construction STEEL FRAME
Total area 34,720 SF
Lot 3.9 ac (169,884 SF)
Zoning code C3
APN 054-01030041
UPID US22-4692685
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
Current use
Occupant on record · Public records
  • American Deli Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.32M
Blend (final) Blend
$3.93M
Owner & transaction history
Mcdonough Towne Centre LLC · 9 yrs held
Mcdonough Towne Centre LLC
since 2016
3 recorded transactions
2017
Price N/A
2016
$6.4M
1969
Price N/A
Zoning & alternative use
C3 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Code Title 17
Top alternative use upside
Office building $5.6M +12.7%
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