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Property profile & analytics
OFF-MARKET Estimated value $1,950,000
Community centers

4421 Glenwood Rd Decatur, GA 30032-5094

10,467 SF 1.45 ac lot Built 2007
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-1317519
Property summary
AI-generated overview

This exceptional 10,467-square-foot retail center presents a compelling investment opportunity in the rapidly expanding Decatur, GA market. Built in 2007, the property boasts a prime location on Glenwood Road, enjoying high visibility with over 300 feet of road frontage and excellent access (23,094 vehicles per day). The all-brick building features attractive glass/aluminum-frame storefronts and comprises seven individual units, each under a triple net lease with a minimum 3% annual escalation clause, ensuring consistent income growth. Situated on a 1.45-acre lot, the center also includes a freestanding billboard, further enhancing its marketing potential. Currently delivering a 7% capitalization rate, this fully stabilized shopping center offers significant upside potential for long-term value appreciation and strong cash flow. The long-term tenants and built-in rent increases provide a secure and predictable income stream, making this an attractive addition to any investment portfolio. The property's strategic location and strong tenant base contribute to its exceptional investment characteristics. This is a rare opportunity to acquire a high-performing retail asset in a thriving market.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2007
Total area 10,467 SF
Lot 1.45 ac (63,162 SF)
Zoning code C1
APN 15 165 01 109
UPID US22-1317519
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
  • Atlanta Wings Restaurant
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Smokey G'z Smoke,CBD,Kratom and Vape Shop (Bike/Boat/Book/etc) Store
  • Koala’s Body Art Tattoo & Piercing Shop
  • Waze2ink Inc Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.95M
CAP Approach CAP
$2.59M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.95M
Owner & transaction history
Noorani Crown Investments LLC · 1 yrs held
Noorani Crown Investments LLC
since 2024
Last sale
$2.0M
6 recorded transactions
2024
$2.0M
2019
$1.1M
2019
Price N/A
2008
$1.7M
2006
$300,000
2006
$300,000
Zoning & alternative use
C1 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.8M +131.6%
Office building $2.7M +122.3%
Commercial (general) $2.5M +110.9%
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