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Property profile & analytics
OFF-MARKET Estimated value $1,190,000
Strip malls

7331 Stonecrest Concourse Lithonia, GA 30038-6912

8,440 SF 1.58 ac lot Built 2003
Entity Owned 9-yr Hold Free & Clear
Property ID
US22-1543293
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Shops at Stonecrest, a vibrant shopping center in Lithonia, Georgia. The property boasts a total of 8,400 square feet, with 1,200 square feet currently available for lease. This space presents a fantastic chance for businesses seeking high visibility and convenient access within a thriving commercial area. The property is zoned C5, allowing for a wide range of retail uses. The address is 7331 Stonecrest Concourse, Stonecrest, GA 30038, providing easy access for customers and employees. The building is part of a multi-tenant shopping center, offering the benefit of shared amenities and increased foot traffic. The available space totals 1,200 square feet, providing ample room for a variety of retail concepts. This is an ideal location for businesses looking to establish a strong presence in a growing community. The property's strategic location within Stonecrest offers excellent visibility and accessibility, making it an attractive option for businesses seeking to reach a large customer base. The C5 zoning provides flexibility for a variety of retail uses, allowing for a wide range of business possibilities. Don't miss this opportunity to secure a prime retail space in a thriving commercial center. Contact us today to learn more about leasing this exceptional property.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Total area 8,440 SF
Lot 1.58 ac (68,607 SF)
Zoning code C1
APN 16 170 01 026
UPID US22-1543293
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
  • T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.19M
Owner & transaction history
Rohan & Rudr USA INC · 9 yrs held
Rohan & Rudr USA INC
since 2017
3 recorded transactions
2017
Price N/A
2015
$1.2M
2012
Price N/A
Zoning & alternative use
C1 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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

Zone name Local Commercial District
General category COMMERCIAL
Zone area 23.62 ac
Source Realmo
Top alternative use upside
Auto repair, garage $1.8M +14.4%
Apartment house (5+ units) $1.8M +12.0%
Commercial (general) $1.7M +4.4%
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