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    5370 Jonesboro Rd Morrow, GA 30260-3557
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    Property profile & analytics

    5370 Jonesboro Rd Morrow, GA 30260-3557


    • Community centers
    • 80,778 SF
    • 11.49 lot acres
    Off-Market
    Last Sale Feb 3, 2020
    $3,950,000
    Property ID
    US22-4709047
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,400,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Louisiana Crawfish / Restaurant
    • Community Baptist Church New Life / Church
    • Hue Cafe and Deli / Restaurant

    Property Details for 5370 Jonesboro Rd

    Year built
    1983
    Lot size
    11.49 lot acres
    Property size
    80,778 SF
    Zone code
    C
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    12-177D- A-011
    APU
    12177DA011

    Description

    Lake City Marketplace, located at 5370 Jonesboro Road in Morrow, Georgia, presents a significant investment opportunity in a thriving commercial area. This expansive property encompasses a substantial 11.49 acres and boasts an impressive 500,502 square feet of general commercial space. The property is currently configured as a shopping center, offering considerable potential for a variety of retail uses. Its prime location on Jonesboro Road ensures high visibility and accessibility, attracting a large volume of foot traffic and vehicular traffic. The substantial size of the property allows for significant expansion or redevelopment opportunities, catering to a wide range of business needs. Investors will appreciate the scale of this offering, providing a substantial return on investment. The property's existing infrastructure and established location make it an attractive proposition for both experienced developers and those seeking a turnkey commercial investment. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a large-scale commercial property in a high-growth area of Morrow, Georgia. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,000,000
      ML approach
      $4,700,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,033,000
      Market price range: $1.59M - $7.03M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3436
    Latitude
    33.6088
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $187,460
    $500,520
    $1,871,480
    $2,372,000
    -
    $1,251,300
    $4,678,700
    $5,930,000
    More about this property
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