Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Specialty properties

    4964 Redan Rd, Stone Mountain, GA 30088

    10,000 SF 1.24 ac lot Built 1987
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-3777984
    Property summary
    AI-generated overview

    This exceptional 10,000-square-foot retail space at 4964 Redan Road in Stone Mountain, Georgia, presents a unique investment opportunity. The single-tenant building, constructed in 1987, sits on a 1.24-acre lot and boasts a Class C rating. The property features floor-to-ceiling tinted windows on two sides, maximizing natural light. Inside, a large open area is complemented by a substantial back room with a convenient loading dock, perfect for efficient inventory management. Employee amenities include a kitchenette and three restrooms. Ample parking is provided with 57 spaces. The property is zoned MU-4 and has an APN of 16 002 02 290. Its prime location in a busy district, near a high-density residential area, ensures high visibility and strong potential for customer traffic. The entire 10,000 square feet is currently vacant, offering immediate occupancy for a wide range of retail businesses. This property offers a compelling combination of size, amenities, and location, making it an ideal choice for a discerning investor or retailer seeking a prominent presence in the Stone Mountain market. The address is 4964 Redan Road, Stone Mountain, GA 30088.

    Property profile
    Verified
    Property type Specialty properties
    Use group PROFESSIONAL CLUBS/ASSOCIATIONS
    Year built 1987
    Total area 10,000 SF
    Lot 1.24 ac (54,014 SF)
    Zoning code X
    APN 16 002 02 290
    UPID US22-3777984
    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
    • Redan Party Rental & Cultural Center Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $590k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $727k
    Blend (final) Blend
    $685k
    Owner & transaction history
    Megal & Sma Properties LLC · 4 yrs held
    Megal & Sma Properties LLC
    since 2022
    Last sale
    $680,000
    3 recorded transactions
    2022
    $680,000
    2018
    1969
    Zoning & alternative use
    X · Stone Mountain, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.0M +12.6%
    Retail stores $945,000 +1.9%
    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?”
    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