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Property profile & analytics

691 Main St Stone Mountain, GA 30083-3914

  • Investment properties
  • 1,648 SF
  • 0.29 lot acres
OFF-MARKET
Value Estimation
$285,000
Last Sale
Aug 22, 2023
$305,000
Location Intelligence
Property ID
US22-1648235
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

  • Investment properties

Property Details for 691 Main St

Year built
1935
Lot size
0.29 lot acres
Property size
1,648 SF
Zone code
X
Property type
Investment properties
Property subtype
Live-work space
APN
18 074 10 025
APU
1807410025

Description

This exceptional commercial property in Stone Mountain, Georgia, presents a unique investment opportunity. Located at 691 Main Street, this 0.5-acre lot encompasses two buildings totaling 2,896 square feet. The first building, measuring 1,248 square feet, features three rooms and 1.5 bathrooms, perfectly suited for office space. The second building offers 1,648 square feet of versatile space, ideal for warehouse or flex use. The property's General Commercial zoning allows for a variety of uses, making it an adaptable asset for various business ventures. Situated less than a mile from Stone Mountain Park, this location benefits from excellent accessibility and visibility within a thriving community. Built in 1935, the property includes two parcels (691 Main St-18-074-10-025 & 712 2nd St-18-074-10-024) and is offered at an asking price of $350,000. This prime location and flexible space make this property a compelling investment prospect in a rapidly growing area. The property's versatility and proximity to Stone Mountain Park offer significant potential for future growth and return. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $305,000
    6.5%
    $305,000
    7%
    $360,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $285,000
    Geo Method
    $325,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $285,000
    Retail
    $280,000
    Mixed-Use
    $355,000
    Hospitality
    $335,000
    Educational
    $300,000
    Residential Income
    $345,000
    Energy
    $360,000
    Income-Based Land
    $315,000
    Food Service
    $375,000

Location Insight

  • Map
  • Local Demand
City
Stone Mountain
County
Dekalb
State
Georgia
Longitude
-84.1686
Latitude
33.799
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
$3,920
$20,000
$9,160
$29,160
-
$50,000
$22,900
$72,900
More about this property
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