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    7301 Stonecrest Concourse Lithonia, GA 30038-6901
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    Property profile & analytics

    7301 Stonecrest Concourse Lithonia, GA 30038-6901


    • Strip malls
    • 37,900 SF
    • 4.28 lot acres
    Off-Market
    Last Sale Aug 19, 2022
    $6,350,000
    Property ID
    US22-0581935
    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
    $6,415,000
    Show details
    Cap Rate Potential
    9.9%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • H&R Block / Tax Preparation

    Property Details for 7301 Stonecrest Concourse

    Year built
    2002
    Lot size
    4.28 lot acres
    Property size
    37,900 SF
    Zone code
    X
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    16 170 01 028
    APU
    1617001028

    Description

    This exceptional retail strip center, Stonecrest Village, offers a prime investment opportunity in the thriving Lithonia, Georgia market. Located at 7301 Stonecrest Concourse, zip code 30038, this property boasts a total of 37,730 square feet of retail space. Currently, there is 3,600 square feet of vacant space available, perfect for a variety of retail uses. The center enjoys a highly desirable location, conveniently situated off I-20 and adjacent to the bustling Stonecrest Mall, ensuring high visibility and significant foot traffic. The property is classified as a multi-tenant retail strip center in DeKalb County. This strategic location provides excellent access to a large customer base and offers significant potential for growth and return on investment. The available space presents a unique chance to establish or expand a business within a well-established and thriving retail environment. The property's proximity to major transportation arteries and a regional shopping mall makes it an attractive proposition for businesses seeking high visibility and accessibility. Detailed property information and lease terms are available upon request. Don't miss this opportunity to secure a prime retail space in a high-growth area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,165,000
      ML approach
      $6,805,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,677,000
      Market price range: $2.76M - $11.6M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $7,140,000
      Current use
      AUTO REPAIR, GARAGE
      $8,165,000
      Change: +14% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $7,995,000
      Change: +12% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $7,450,000
      Change: +4% Conversion: Easy
      MEDICAL BUILDING
      $7,120,000
      Change: -0% Conversion: Difficult
      OFFICE BUILDING
      $6,590,000
      Change: -8% Conversion: Moderate
      RETAIL STORES
      $6,340,000
      Change: -11% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.0931
    Latitude
    33.6953
    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
    $118,104
    $482,600
    $2,057,400
    $2,540,000
    -
    $1,206,500
    $5,143,500
    $6,350,000
    More about this property
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