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Property profile & analytics
OFF-MARKET Estimated value $7,100,000
Community centers

2800 Atlanta Rd 2848 Ellenwood, GA 30294-2780

68,272 SF 7.52 ac lot Built 2002
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US22-4700567
Property summary
AI-generated overview

Paradise Shoppes of Ellenwood offers exceptional retail and warehouse opportunities. This vibrant center boasts 69,060 square feet of space, divided into 18 suites, with multiple tenancy options. Three spaces are currently available, ranging from 1,050 to 8,900 contiguous square feet. Ideal for a variety of businesses, including restaurants and retail establishments. A second-generation restaurant space (Suite 15) and a retail space (Suite 4) are ready for immediate occupancy. Additionally, approximately 8,900 square feet of warehouse space is available, situated conveniently behind established tenants such as Planet Fitness and Dollar Tree. This prime location benefits from high visibility and strong co-tenancy with national brands like Zaxby's and Pizza Hut. The property enjoys excellent accessibility, being a mere 20-minute drive from Hartsfield-Jackson International Airport and only 4 miles from the Gillem Logistic Center, a substantial 1,000-acre industrial park encompassing 8 million square feet of warehouse space, including an Amazon distribution center. This strategic location ensures high traffic volume and a robust customer base. The flexible space options cater to diverse business needs, making this an exceptional investment opportunity. Contact us today to learn more about these available spaces and secure your place in this thriving commercial center.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 68,272 SF
Lot 7.52 ac (327,658 SF)
Zoning code C1
APN 025-04013000
UPID US22-4700567
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
  • Shree Cleaners (Bike/Boat/Book/etc) Store
  • Paradise Shoppes of Ellenwood Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.23M
Blend (final) Blend
$7.10M
Owner & transaction history
Ddrm Shoppes Of Ellenwood LLC · 19 yrs held
Ddrm Shoppes Of Ellenwood LLC
since 2007
2 recorded transactions
2007
$13.0M
1969
Price N/A
Zoning & alternative use
C1 · Ellenwood, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $11.5M +5.5%
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