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Property profile & analytics
OFF-MARKET Estimated value $595,000
Strip malls

237 Atlanta St Mcdonough, GA 30253-2111

5,500 SF 1.65 ac lot Built 1999
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US22-0355161
Property summary
AI-generated overview

Parkview Plaza, located at 237 Atlanta Street in McDonough, Georgia, presents a compelling investment opportunity. This prime commercial property boasts a substantial 6,270 square-foot building situated on a 1.65-acre lot. The building is thoughtfully divided into five generously sized units, each conveniently equipped with its own bathroom. The property enjoys a highly desirable location less than a mile from the vibrant McDonough Square, ensuring excellent visibility and accessibility. Ample parking is available, catering to both tenants and their customers. Parkview Plaza benefits from a stable and reliable tenant base, with all units currently occupied by long-term tenants who have established themselves for six to eight years, providing a consistent and predictable income stream. This established occupancy history demonstrates the property's enduring appeal and market viability. The property's proximity to McDonough Square positions it perfectly to capitalize on the high foot traffic and strong local economy. This well-maintained commercial property represents a rare chance to acquire a significant asset in one of McDonough's most sought-after areas. The combination of location, size, and established tenancy makes this an exceptional investment opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction WOOD
Total area 5,500 SF
Lot 1.65 ac (71,787 SF)
Zoning code C1
APN M07-03001002
UPID US22-0355161
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
  • Ultimate Web Design Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Freddy’s Tech Repair iPhone,Cell Phone,Computer, Repair Service Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$619k
Blend (final) Blend
$595k
Owner & transaction history
Jean P Chrispin · 1 yrs held
Jean P Chrispin
since 2025
5 recorded transactions
2025
Price N/A
2020
Price N/A
2008
$589,200
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Code Title 17
Top alternative use upside
Office building $880,000 +12.7%
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