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    Property profile & analytics
    OFF-MARKET Estimated value $1,825,000
    Strip malls

    5299 Jonesboro Rd, Morrow, GA 30260-3470

    13,112 SF 1.78 ac lot Built 2006
    Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-0129497
    Property summary
    AI-generated overview

    This exceptional retail opportunity encompasses 4,800 square feet of versatile space, ideally situated on the second floor of a building in Clayton County. The property is classified as retail with an office subtype and is currently available for multiple tenants. The space offers significant potential for a variety of businesses seeking a prominent location. A key feature is convenient access via an elevator located near the building entrance, ensuring easy accessibility for customers and employees. The total square footage is 4,800 square feet, providing ample room for various configurations to suit diverse business needs. The property's location within Clayton County offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving market. This second-story space presents a unique opportunity for businesses seeking a distinctive and accessible location. Further details regarding lease terms and conditions are available upon request. Serious inquiries are encouraged to explore this promising retail space and its potential to contribute to the success of your business. The property is categorized as multi-tenant retail space, offering flexibility for businesses of varying sizes and requirements. The building's strategic location within Clayton County provides easy access to major transportation routes and a diverse customer base.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2006
    Total area 13,112 SF
    Lot 1.78 ac (77,537 SF)
    Zoning code C
    APN 12-177C- C-043
    UPID US22-0129497
    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
    • T & N Hair Salon Hair Salon
    • joy chiropractic Alternative Medicine Practice
    • Daravy Beng: Allstate Insurance Insurance Agency
    • Brenda's Hair & Nails Hair Salon Nail Salon
    • Quickly Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.83M
    Owner & transaction history
    Toan Luc LLC · 12 yrs held
    Toan Luc LLC
    since 2014
    7 recorded transactions
    2023
    2019
    2014
    $995,000
    2013
    $1.5M
    2008
    2006
    2005
    Zoning & alternative use
    C · Morrow, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.2M +17.1%
    Commercial (general) $2.0M +5.7%
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