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    4421 Glenwood Rd Decatur, GA 30032-5094
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    Property profile & analytics

    4421 Glenwood Rd, Decatur, GA 30032-5094

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    • Community centers
    • 10,467 SF
    • 1.45 lot acres
    Off-Market
    Last Sale Aug 1, 2024
    $1,950,000
    Property ID
    US22-1317519
    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
    $1,950,000
    Show details
    Cap Rate Potential
    8.6%
    Community centers
    Location Intelligence

    Current Use by 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

    Property Details for 4421 Glenwood Rd

    Year built
    2007
    Lot size
    1.45 lot acres
    Zone code
    C1
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    15 165 01 109
    APU
    1516501109

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,950,000
      ML approach
      $1,950,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,805,000
      6.5%
      $2,590,000
      7%
      $2,405,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,432,000
      Market price range: $582k - $1.86M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,195,000
      Current use
      AUTO REPAIR, GARAGE
      $2,765,000
      Change: +132% Conversion: Difficult
      OFFICE BUILDING
      $2,655,000
      Change: +122% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,515,000
      Change: +111% Conversion: Easy
      MEDICAL BUILDING
      $2,425,000
      Change: +103% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2373
    Latitude
    33.7371
    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
    $20,245
    $107,600
    $322,400
    $430,000
    -
    $269,000
    $806,000
    $1,075,000
    More about this property
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