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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 03, 2020
$3,950,000
Value Estimations
$4,510,000
Show details
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Louisiana Crawfish / Seafood Restaurant
  • Community Baptist Church New Life / Baptist Church
  • Hue Cafe and Deli / Vietnamese 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
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 valuation — 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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