Property profile

5299 Jonesboro Rd Morrow, GA 30260

OFF-MARKET
Strip malls
Property ID
US22-0129497
13,112 SF 1.78 ac lot Built 2006
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Hair Salon
  • Alternative Medicine Practice
  • Insurance Agency
  • Hair Salon Nail Salon
  • Cafe & Coffee Shop

Location

5299 Jonesboro Rd Morrow, GA 30260-3470
Morrow metro Census 40407 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
$440k

Owner & transaction history

since 2014
7 recorded transactions
2023
Price N/A
2019
Price N/A
2014
$995,000
2013
$1.5M
2008
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

C · Morrow, GA
Top alternative use upside
Office building $2.2M +17.1%
Commercial (general) $2.0M +5.7%

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 5299 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