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    OFF-MARKET
    Drive through restaurants

    4652 Jonesboro Rd, Forest Park, GA 30297-3560

    1,560 SF 0.23 ac lot Built 1962
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-4492507
    Property summary
    AI-generated overview

    This 3,660-square-foot commercial building in Forest Park, Georgia, presents a compelling investment opportunity. Situated on a 0.25-acre lot at 4652 Jonesboro Road, this single-story, 1981-built structure is zoned GB and boasts a convenient location between I-75 Exit 233 and I-285 Exit 55. The property's versatile design, previously utilized as a driveline service shop, is adaptable to a range of commercial and flex uses. Key features include a spacious shop area with ample room for vehicle lifts, a sales counter, two offices, two restrooms, and a waiting area. Its prime location within a high-traffic corridor offers exceptional visibility and accessibility, benefiting from proximity to the Fort Gillem redevelopment, Clayton State University, State and National Archives, and a dense concentration of residential and commercial properties. The asking price is $275,000, translating to $75.14 per square foot. The property's APN is 13048DA017. A lease option is also available at $2,500 per month. This property is an excellent choice for investors seeking a versatile and well-located commercial asset in a thriving area of Clayton County.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1962
    Total area 1,560 SF
    Lot 0.23 ac (10,106 SF)
    Zoning code C
    APN 13-048D- A-001
    UPID US22-4492507
    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
    • Wings Hut Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Hyun C Chung · 7 yrs held
    Hyun C Chung
    since 2018
    Last sale
    $165,000
    3 recorded transactions
    2018
    $230,000
    2009
    $216,000
    2005
    $345,000
    Zoning & alternative use
    C · Forest Park, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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