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Property profile & analytics
FOR LEASE
Strip malls

2731 Mount Zion Pkwy Jonesboro, GA 30236

6,000 SF 0.98 ac lot Built 2002
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US22-0613034
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity in Jonesboro, GA, presents a compelling chance to diversify and grow your portfolio. The property, located at 2731 Mount Zion Parkway, boasts a substantial 6,000 square feet on a 0.98-acre lot. Currently 100% leased across four units, this property offers immediate and consistent cash flow. Its prime location provides easy access to I-75, ensuring high visibility and convenient access for both customers and employees. The modern architecture and ample parking further enhance the property's appeal to a wide range of businesses. This storefront retail space is ideally suited for a variety of commercial ventures, making it a highly attractive investment for those seeking a stable and profitable addition to their holdings. The asking price is $1,300,000. This represents a significant opportunity to acquire a well-located, fully leased commercial property with strong potential for long-term growth and return on investment. The property's strategic location and modern design combine to create a highly desirable commercial space in a thriving market. Don't miss this chance to secure a valuable asset in a prime location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 6,000 SF
Lot 0.98 ac (42,689 SF)
Zoning code GB
APN 12-075C- B-009
UPID US22-0613034
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
  • Gentlemen's Quarters Brbrshp Barber Shop
  • Tashagrowsmyhair Hair Salon
  • Loved By Lo Salon Hair Salon
  • Salon GP Llc Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$451k
Blend (final) Blend
$670k
Owner & transaction history
Elite Rentals And Property Manageme · 3 yrs held
Elite Rentals And Property Manageme
since 2022
Last sale
$725,000
3 recorded transactions
2022
$725,000
2012
$120,000
2011
$445,000
Zoning & alternative use
GB · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $895,000 +1.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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