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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Strip malls
4140 Jonesboro Rd Forest Park, GA 30297-1038
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1931368
Property summary
AI-generated overview
This Forest Park, Georgia property at 4140 Jonesboro Rd offers two exceptional retail spaces for lease in Clayton County. One unit, designated #A10, is located outside a discount mall (flea market) and measures 768 square feet. This space is available for $1200 per month, with utilities paid separately by the tenant. The second space is situated inside the building, at the far end, and offers significantly more space, ranging from approximately 4000 to 5600 square feet. The monthly rent for this larger space is $4500, plus utilities. Both spaces are classified as retail with an office subtype and are part of a multi-tenant building. The property's address is 4140 Jonesboro Road, Forest Park, GA 30297. This location provides excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a strong presence in a bustling commercial area. The flexible space options cater to a variety of business needs, from smaller startups to larger established companies. Serious inquiries are encouraged to explore this exciting opportunity further.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
6,254 SF
Lot
1.4 ac (60,984 SF)
Zoning code
C
APN
13-015D- C-001
UPID
US22-1931368
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
-
Coinstar Bank Credit Union
-
LUXX BEAUTY BAR BEAUTY SUPPLY (Bike/Boat/Book/etc) Store Cosmetic Store
-
Hoodoo You Love ATL Metaphysical Supply Store
-
An Viet Social Service Agency Charitable Organization
-
DISCOUNT AUTO INSURANCE CENTER Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
C Hieu · 20 yrs held
C Hieu
since 2005
4 recorded transactions
Zoning & alternative use
C · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+26.6%
Office building
$1.0M
+17.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$885,000
Current use
COMMERCIAL (GENERAL)
$1,120,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$1,035,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$800,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$19,936
Tax year 2024
Assessed value
$571,800
Assessed 2024
Previous assessed
$578,200
-1.1% YoY
Effective rate
3.49%
On assessed value
Assessed land
$73,200
Assessed improvement
$498,600
Land market value
$183,000
Improvement market value
$1,246,500
Total market value
$1,429,500
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Heating
NONE
Total area
6,254 SF
Lot
1.4 ac (60,984 SF)
Zoning code
C
APN
13-015D- C-001
UPID
US22-1931368
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
1.4 ac
Current owner
From public records · entity-resolved
C Hieu
Individual
Mailing address
110 HIGH BLF CT, DULUTH, GA 30097-6470
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2005
$2,250,000
C Hieu
C Y Yangs 88 INC
Deed
$900,000 · Summit Nat'l Bk
Mar 9, 2004
$1,780,000
C Y Yangs 88 INC
Ntj Relty Inv INC
Grant Deed
$1,424,000 · Main Street Bk
—
—
Creighton Plaza LLC
—
Loan Modification
related
$646,551 · Noa Bk
—
—
Creighton Plaza LLC
—
Deed Of Trust
related
$680,000 · Noa Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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