Property profile

4652 Jonesboro Rd Forest Park, GA 30297

OFF-MARKET
Drive through restaurants
Property ID
US22-4492507
1,560 SF 0.23 ac lot Built 1962
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Restaurant

Location

4652 Jonesboro Rd Forest Park, GA 30297-3560
Forest Park metro Census 40310 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

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
Zoning description

The intent of the C district is to provide a land use category for a diversity of commercial uses that provide products and services on a regional level

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4652 Jonesboro Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message