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    Property profile & analytics

    559 Frst Pkwy Forest Park, GA 30297-6169

    • Strip malls
    • 2,989 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US22-1327641
    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

    • Magdalena Hair Braiding / Hair Salon
    • Karl E. Ohlsson, OD / Optometrist
    • Barr's Opticians/Parkway Eye / Optician
    • Solo's Barbershop LLC / Barber Shop
    • Golden Hands Staffing / Nursing Agency

    Property Details for 559 Frst Pkwy

    Year built
    1989
    Lot size
    0.48 lot acres
    Property size
    2,989 SF
    Zone code
    C
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    13-050A- C-005
    APU
    13050AC005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $315,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $250,000
      Mixed-Use
      $320,000
      Hospitality
      $250,000
      Educational
      $310,000
      Residential Income
      $285,000
      Energy
      $260,000
      Income-Based Land
      $245,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3703
    Latitude
    33.6213
    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
    $3,579
    $25,240
    $77,400
    $102,640
    -
    $63,100
    $193,500
    $256,600

    Comparable in this City

    • Value Estimation
      $990,000
      9,801 SF

      1057 Main St

      SHOPPING CENTER, STRIP CENTER • 9,801 SF
      1057 Main St, Forest Park, GA 30297-1482
      View Details
    • Value Estimation
      $475,000
      9,000 SF

      6065 Old Dixie Hwy

      SHOPPING CENTER, STRIP CENTER • 9,000 SF
      6065 Old Dixie Hwy, Forest Park, GA 30297-3250
      View Details
    • Value Estimation
      $340,000
      6,000 SF

      713 Frst Pkwy

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      713 Frst Pkwy, Forest Park, GA 30297-2249
      View Details
    • Value Estimation
      $265,000
      4,478 SF

      1067 Frst Pkwy

      SHOPPING CENTER, STRIP CENTER • 4,478 SF
      1067 Frst Pkwy, Forest Park, GA 30297-2344
      View Details
    • Value Estimation
      $3,680,000
      40,000 SF

      4035 Jonesboro Rd

      SHOPPING CENTER, STRIP CENTER • 40,000 SF
      4035 Jonesboro Rd, Forest Park, GA 30297-1089
      View Details
    • Value Estimation
      $550,000
      9,720 SF

      561 Frst Pkwy

      SHOPPING CENTER, STRIP CENTER • 9,720 SF
      561 Frst Pkwy, Forest Park, GA 30297-6135
      View Details

    Similar Nearby for Sale

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      2,380 SF

      Prime Trucking Lot with Office

      2.5-acre trucking lot with office near major transportation routes.
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      Forest Park Commercial Property For Sale

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      Well-Located Parking Lot in Forest

      48-space parking lot, convenient access to I-75 and Hwy 85.
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      2.5-acre trucking lot with office near major transportation routes.
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      Prime Forest Park Office Building, 5,202 SF
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    Similar Nearby for Lease

    • $1,350 /Mo
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      Versatile Retail Storefront in Forest Park

      Retail space in a vibrant shopping center near major highways.
      4035 Jonesboro Rd, Forest Park, GA 30297
      View Details
    • Contact for pricing
      14,900 SF

      Forest Park Retail Center

      Jonesboro Road, 7,300 SF Available
      4467-4493 Jonesboro Rd, Forest Park, GA 30297
      View Details
    • $1,350 /Mo
      40,000 SF

      Versatile Retail Storefront in Forest Park

      Retail space in a vibrant shopping center near major highways.
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    • Contact for pricing
      10,000 SF

      Forest Parkway Industrial Property

      ±10,000 SF Flex Space, 2.5 Acres
      349 Forest Pkwy, Forest Park, GA 30297
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    • $1,350 /Mo
      148,104 SF

      Versatile Retail Storefront in Forest Park

      Retail storefront in a bustling plaza, suitable for various businesses.
      4035 Jonesboro Rd, Forest Park, GA 30297
      View Details
    • $1,350 /Mo
      148,104 SF

      Versatile Retail Storefront in Forest Park

      Retail space suitable for various customer-facing businesses.
      4035 Jonesboro Rd, Forest Park, GA 30297
      View Details
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    Forest Park, GA 30297-6169
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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