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    Property profile & analytics
    OFF-MARKET Estimated value $2,615,000
    Strip malls

    4624 Cp Highland SE Rd, Smyrna, GA 30082-4906

    16,280 SF 2.32 ac lot Built 2007
    Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-1722382
    Property summary
    AI-generated overview

    The Shops at Silver Comet presents a compelling investment opportunity in the thriving Smyrna, GA submarket. This 16,150 square foot strip center, built in 2007, boasts a prime location on the East West Connector, ensuring high visibility and accessibility. Currently, 2,220 square feet of retail space is available, offering a unique chance to establish or expand a business in a dynamic area. The center benefits from a strong demographic profile, with over 66,000 residents and 42,000 daytime employees within a 3-mile radius, boasting an average household income of approximately $93,000. This robust consumer base provides a significant potential customer pool for any tenant. The property's strategic location is further enhanced by its adjacency to a 95,250 square foot Publix-anchored shopping center, creating a synergistic retail environment. Adding to its appeal, the Shops at Silver Comet is situated near the beginning of the Silver Comet Trail, a popular 61.5-mile recreational path attracting significant foot and bicycle traffic. This multi-use trail provides additional exposure and contributes to the area's vibrant atmosphere. The property sits on 2.42 acres of land, offering ample space and potential for future development or expansion. This retail center represents a rare opportunity to acquire a well-positioned asset in a high-growth area.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2007
    Total area 16,280 SF
    Lot 2.32 ac (101,276 SF)
    Zoning code NRC
    APN 17062000130
    UPID US22-1722382
    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
    • HOTWORX- Smyrna, GA (South Cobb) Gym & Fitness Center
    • Firehouse Subs Silver Comet Take-out & Catering
    • Tokyo Sushi & Steak House Restaurant
    • Cleaners (Bike/Boat/Book/etc) Store
    • Rush My Passport Travel 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
    $2.62M
    Owner & transaction history
    Lgbga LLC · 11 yrs held
    Lgbga LLC
    since 2015
    7 recorded transactions
    2022
    2015
    $5.3M
    2006
    $1.4M
    2005
    $336,800
    2005
    2005
    2005
    $402,000
    Zoning & alternative use
    NRC · Smyrna, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $4.1M +29.0%
    Medical building $4.0M +25.4%
    Commercial (general) $3.5M +9.9%
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