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Property profile & analytics
OFF-MARKET Estimated value $715,000
Retail space

4960 Roosevelt Hwy Union City, GA 30291-1124

7,816 SF 1.2 ac lot Built 2004
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-0111854
Property summary
AI-generated overview

This 8,000 square foot former Family Dollar store, located at 4960 Roosevelt Hwy in Union City, Georgia, presents a unique re-purposing opportunity. The single-story, three-sided brick building sits on a 1.2-acre lot and boasts a highly visible location on a busy four-lane highway (US Hwy 29), experiencing over 21,000 vehicles per day. Built in 2003, the property benefits from recent upgrades including roof and parking lot recoating, and upgraded exterior LED lighting. The General Commercial (GC) zoning allows for flexible use, including retail, medical, auto, office, restaurant, and more. This prime location offers excellent visibility and accessibility, situated just eight miles from Hartsfield-Jackson Atlanta International Airport and a short drive to downtown Atlanta. The surrounding area demonstrates strong demographics, with a 5-mile population exceeding 113,000 and an average household income over $88,000. The asking price is $935,000, translating to $116.88 per square foot. The property includes ample parking for approximately 38 vehicles. This is a rare chance to acquire a well-located, adaptable property in a rapidly growing area of South Fulton County, attracting numerous national companies. The building became vacant at the beginning of May of this year.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction WOOD
Total area 7,816 SF
Lot 1.2 ac (52,272 SF)
Zoning code C2
APN 09F221501000167
UPID US22-0111854
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
  • Family Dollar Discount Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
Hemaxon Enterprises LLC · 1 yrs held
Hemaxon Enterprises LLC
since 2024
Last sale
$715,000
4 recorded transactions
2024
Price N/A
2014
$715,000
2007
$685,000
2004
$680,000
Zoning & alternative use
C2 · Union City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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