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    Property profile & analytics
    FOR SALE
    Retail space

    5950 Hugh Howell Rd, Stone Mountain, GA 30087

    5,042 SF 0.95 ac lot Built 1976
    Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-0288844
    Property summary
    AI-generated overview

    Smoke Rise Plaza, located at 5950 Hugh Howell Rd in Stone Mountain, GA 30087, presents a prime retail opportunity. This single-story, 5,250 square foot strip center, built in 1976, sits on a 0.95-acre lot and offers excellent visibility and accessibility. The property features a convenient wrap-around drive-thru, ensuring ease of access for customers. Its location on a busy intersection provides high street traffic and prominent visibility, maximizing exposure for tenants. Enjoy stunning views of Stone Mountain, enhancing the overall appeal of the location. Currently, there are three suites in total, with one 1,600 square foot space immediately available for lease. The minimum divisible space is 1,600 square feet, and the maximum contiguous space available is also 1,600 square feet. The property is serviced by GA Power. This location offers exceptional convenience due to its close proximity to major highways, ensuring easy access for both customers and employees. This is an ideal opportunity for businesses seeking high visibility and convenient access in a thriving Stone Mountain submarket.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1976
    Construction WOOD FRAME
    Total area 5,042 SF
    Lot 0.95 ac (41,382 SF)
    Zoning code NS
    APN 18 174 02 044
    UPID US22-0288844
    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
    • Jen Minta Salon & Suites Hair Salon
    • nava massage Alternative Medicine Practice
    • Simply ATM LLC Atm
    • Summit Cleaners (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.09M
    Comparable Approach Comparable
    $596k
    Blend (final) Blend
    $880k
    Owner & transaction history
    Kira Group LLC · 12 yrs held
    Kira Group LLC
    since 2013
    7 recorded transactions
    2013
    $345,000
    2011
    $220,000
    2009
    2006
    $779,000
    2006
    2004
    1969
    Zoning & alternative use
    NS · Stone Mountain, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.4M +7.0%
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    More about this property
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