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Property profile & analytics
OFF-MARKET Estimated value $13,855,000
Retail space

2918 Turner Hl Rd Lithonia, GA 30038-2526

49,026 SF 13.89 ac lot Built 2001
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1277195
Property summary
AI-generated overview

This exceptional retail outparcel, situated on 0.72 acres at 2918 Turner Hill Road in Stonecrest, Georgia (zip code 30038), presents a unique investment opportunity within the Atlanta MSA. The property is classified as commercial retail with multiple tenancy potential. The total building square footage is currently listed as 1 square foot, indicating a potential for new construction or redevelopment. The expansive 0.72-acre lot provides ample space for a variety of retail uses. Its prime location on Turner Hill Road ensures high visibility and accessibility for potential customers. The property is located in DeKalb County, Georgia, offering access to a robust local market and strong infrastructure. This is an ideal site for entrepreneurs seeking to establish a new business or for investors looking to add a high-value asset to their portfolio. The property's size and location make it suitable for a range of retail concepts, from small shops to larger establishments. Further development plans can be tailored to meet specific business needs, maximizing the potential of this strategically positioned outparcel. The property's address is easily accessible and benefits from excellent visibility. This is a rare opportunity to acquire a well-situated retail property in a thriving market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Total area 49,026 SF
Lot 13.89 ac (605,136 SF)
Zoning code C2
APN 16 183 01 011
UPID US22-1277195
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
  • Amazon Hub Counter - American Signature 448 Postal Service Courier Service
  • American Signature Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.62M
CAP Approach CAP
$10.61M
Comparable Approach Comparable
$13.14M
Blend (final) Blend
$13.86M
Owner & transaction history
Hre Mstreet Turner Hill LLC · 4 yrs held
Hre Mstreet Turner Hill LLC
since 2022
Last sale
$16.8M
3 recorded transactions
2022
$16.8M
2019
Price N/A
2012
$2.3M
Zoning & alternative use
C2 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $19.0M +131.6%
Auto repair, garage $10.6M +28.8%
Apartment house (5+ units) $10.3M +26.1%
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