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Property profile & analytics
OFF-MARKET Estimated value $6,415,000
Strip malls

7301 Stonecrest Concourse Lithonia, GA 30038-6901

37,900 SF 4.28 ac lot Built 2002
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0581935
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 37,900 SF
Lot 4.28 ac (186,219 SF)
Zoning code X
APN 16 170 01 028
UPID US22-0581935
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
  • H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.68M
Blend (final) Blend
$6.42M
Owner & transaction history
Wayo Avant LLC · 3 yrs held
Wayo Avant LLC
since 2022
Last sale
$6.4M
7 recorded transactions
2022
$6.4M
2019
$6.4M
2012
Price N/A
2010
$4.4M
2006
$9.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $8.2M +14.4%
Apartment house (5+ units) $8.0M +12.0%
Commercial (general) $7.5M +4.4%
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