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    2918 Turner Hill Rd Lithonia, GA 30038
    Property profile & analytics

    2918 Turner Hill Rd Lithonia, GA 30038


    • Retail space
    • 49,026 SF
    • 13.89 lot acres
    Land for Lease in Stonecrest For Lease
    $13,855,000

    Land for Lease in Stonecrest

    Commercial land available for lease in Stonecrest, Georgia.

    Lithonia, GA 30038
    View Listing
    Property ID
    US22-1277195
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $13,855,000
    Cap Rate Potential
    4.2%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Amazon Hub Counter - American Signature 448 / Postal Service / Courier Service
    • American Signature Furniture / Furniture & Home Goods / Home Decor Store

    Property Details for 2918 Turner Hill Rd

    Year built
    2001
    Lot size
    13.89 lot acres
    Property size
    49,026 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    16 183 01 011
    APU
    1618301011

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $16,260,000
      ML approach
      $9,620,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $11,495,000
      6.5%
      $10,610,000
      7%
      $9,850,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,140,000
      Market price range: $1.58M - $13.1M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $18,995,000
      AUTO REPAIR, GARAGE
      $10,565,000
      APARTMENT HOUSE (5+ UNITS)
      $10,340,000
      COMMERCIAL (GENERAL)
      $9,640,000
      NEIGHBORHOOD: SHOPPING CENTER
      $9,235,000
      MEDICAL BUILDING
      $9,210,000
      OFFICE BUILDING
      $8,520,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.0867
    Latitude
    33.698
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $303,677
    $1,689,800
    $5,934,440
    $7,624,240
    -
    $4,224,500
    $14,836,100
    $19,060,600
    View Listing
    More about this property
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