Property profile

7322 Stonecrest Concourse Lithonia, GA 30038

FOR SALE
Turn key restaurants
Property ID
US22-1429283
5,192 SF 1.29 ac lot Built 2003
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional restaurant opportunity in Stonecrest, Georgia, presents a freestanding building on a 1.3-acre lot, ideally situated just minutes from Downtown Atlanta and 3 minutes from I-20. The 5,192 square foot building, constructed in 2003, boasts a spacious interior perfect for creating a thriving dining establishment. The property includes 73 dedicated parking spaces and an attractive patio area for outdoor dining. The fully equipped interior features a large bar area with 20 tap lines, along with existing tables and chairs, allowing for immediate operation. This turnkey opportunity benefits from high visibility and convenient access, previously housing successful restaurants including a soul food establishment and Buffalo Wild Wings. The asking price is $2,200,000. The property is zoned for restaurant and bar use. This is a rare chance to acquire a well-established location with significant potential in a high-traffic area of Dekalb County, GA, zip code 30038. The address is 7322 Stonecrest Concourse.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Total area 5,192 SF
Lot 1.29 ac (56,192 SF)
Zoning code C1
APN 16 170 01 043
UPID US22-1429283

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7322 Stonecrest Concourse Lithonia, GA 30038
Lithonia metro Census 23440 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.87M
Blend (final) Blend
$1.28M

Owner & transaction history

since 2025
Last sale
$1.9M
4 recorded transactions
2025
$1.2M
2025
$1.9M
2022
$1.3M
2004
$2.3M

Zoning & alternative use

C1 · Lithonia, GA
Zoning description

The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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