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5295 Stone Mountain Hwy Stone Mountain, GA 30087

Individual retail properties Google Maps
45,200 SF 10.06 ac lot Built 2012
Entity Owned Absentee Owner ~ Est. High Equity
5295 Stone Mountain Hwy, Stone Mountain, GA 30087 For Sale
Contact for pricing 45,200 SF
5295 Stone Mountain Hwy, Stone Mountain, GA 30087
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Estimated value (blended)
$680k
Range $612k – $748k (±10%)
Property ID US22-1973036

Property summary

AI-generated overview

This exceptional Class A, 83,291 square foot shopping center presents a compelling value-add investment opportunity. Located in Stone Mountain, Georgia, within the Atlanta MSA, this multi-tenant property boasts a strong anchor tenant: LA Fitness, occupying 45,000 square feet and attracting over 300,000 visitors annually. The center also features a mix of national and regional tenants including Total by Verizon, Hair Clippers, Republic Finance, and Athlete's Foot. Built in 1983 and renovated in 2012 (with the addition of LA Fitness), the property currently enjoys an 89% occupancy rate. Strategically situated at the signalized intersection of Stone Mountain Highway (GA 78) and East Park Place Boulevard, this prime location benefits from high traffic volume (43,568 AADT) and a strong demographic profile, with an average household income of $116,000 and a median household income of $74,704. The property is offered free and clear of existing debt, and approximately 9,240 square feet of available space provides immediate upside potential. Its proximity to Interstate 285 and Stone Mountain Park (attracting over 4 million visitors annually) further enhances its desirability. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market. The property's strong tenant mix, high occupancy, and significant upside potential make it an ideal investment for discerning buyers.

Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 2012
Total area 45,200 SF
Lot 10.06 ac (438,214 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-061 -009
UPID US22-1973036

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
  • Postal Service Courier Service
  • Business Service Center Corporate Office
  • Ophthalmologist
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$680k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C2-GENERAL BUSINESS · Stone Mountain, GA

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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