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Property profile & analytics
OFF-MARKET Estimated value $5,255,000
Super regional malls

2929 Turner Hl Rd Lithonia, GA 30038-2500

340,000 SF 28.89 ac lot Built 2001
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1739367
Property summary
AI-generated overview

The Mall at Stonecrest presents an exceptional opportunity for retailers seeking high-visibility locations within a dynamic, master-planned community. This 1,200,000 square foot, two-level enclosed super-regional shopping mall offers 11 available spaces ranging from 610 to 50,000 square feet, all currently vacant. Located in DeKalb County, Georgia, at 2929 Turner Hill Rd, Stonecrest, GA 30038, this property benefits from its strategic position within a 1,100-acre live-work-play community, encompassing office spaces, residential areas, entertainment venues, hotels, power centers, and restaurants. Its convenient location, just 20 miles east of Atlanta with easy access to I-20, makes it an ideal destination for both local shoppers and travelers. The Mall at Stonecrest is the newest shopping center within a 20-mile radius, attracting customers from Augusta, Georgia, and South Carolina, who are often en route to nearby attractions such as Stone Mountain Park. This vibrant, culturally diverse area in DeKalb County, the third largest county in Georgia, offers significant potential for retail growth and success. The property's substantial size and prime location provide an unparalleled opportunity to establish a strong retail presence in a high-traffic area.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2001
Total area 340,000 SF
Lot 28.89 ac (1,258,448 SF)
Zoning code C1
APN 16 170 01 002
UPID US22-1739367
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
  • Jackson Hewitt Tax Service Accounting Firm Tax Preparation
  • Chick-fil-A Restaurant Take-out & Catering
  • LensCrafters Physician
  • T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Kenfolks Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.26M
Owner & transaction history
Stonecrest Mall Spe II LLC · 4 yrs held
Stonecrest Mall Spe II LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
C1 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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