Property profile

2256 Rockbridge Rd Stone Mountain, GA 30087

OFF-MARKET
Other investment properties
Property ID
US22-0930231
1,846 SF 2.75 ac lot Built 1964
Individually Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

Stone Mountain office building located just off Highway 78 near retail and dining, positioned at a signalized intersection. The property occupies a 2.75-acre lot and contains 1,846 square feet. The main level is configured for medical-office use and includes a large waiting area, handicap-accessible bathroom, receptionist area with in/out windows, and a kitchen area. Additional spaces include a file room/bio room, three exam rooms with sinks and cabinets, a small file room, a handicap-accessible bathroom in the back office area, a separate shower, a small closet, a large X-ray room, and a private doctor’s office with a closet. The basement includes a finished apartment with a private entry, comprising a large den, a kitchen with gas range, dishwasher, stainless steel sink, cabinets, tiled countertops, and a breakfast area. The basement also has a large bedroom with a walk-in closet, a full bath with tub/shower combination and single vanity, and a laundry room. Other features include 10 parking spaces, an alarm system, a large sign, and a gated entry.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1964
Construction WOOD
Total area 1,846 SF
Lot 2.75 ac (119,790 SF)
Zoning code OI-OFFICE-INSTITUTIONAL
APN 6-058 -013
UPID US22-0930231

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
  • Physician
  • Physician
  • Physician

Location

2256 Rockbridge Rd Stone Mountain, GA 30087-3517
Stone Mountain metro Census 50415 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
2007
Price N/A
2007
$234,400

Zoning & alternative use

OI-OFFICE-INSTITUTIONAL · Stone Mountain, 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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