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Property profile & analytics

4421 Glenwood Rd Decatur, GA 30032-5094

  • Community centers
  • 10,467 SF
  • 1.45 lot acres
OFF-MARKET
Last Sale
Aug 01, 2024
$1,950,000
Value Estimations
$1,950,000
Show details
Cap Rate Potential
8.6%
Community centers
Location Intelligence
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.

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
Property size
10,467 SF
Zone code
C1
Property type
Community 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 valuation — 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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