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Property profile & analytics

7977 Tara Blvd Jonesboro, GA 30236

  • Retail space
  • 5,612 SF
  • 0.80 lot acres
For Lease
Last Sale
Feb 28, 2020
$1,040,000
Value Estimations
$1,120,000
Cap Rate Potential
6%
Retail space
Location Intelligence
Property ID
US22-2396416
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

  • Little Caesars Pizza / Pizza Restaurant / Fast Food Restaurant

Property Details for 7977 Tara Blvd

Year built
1989
Lot size
0.80 lot acres
Property size
5,612 SF
Zone code
C
Property type
Retail space
APN
13-210D- A-009
APU
13210DA009

Description

This exceptional retail space, totaling 4,227 square feet, is ideally situated in Jonesboro, Georgia, directly in front of a Kroger shopping center at 7977 Tara Blvd, zip code 30236. Located in Clayton County, this property offers unparalleled visibility and accessibility to a high volume of foot traffic. The space is part of a larger building encompassing 5,612 square feet and is currently available for lease as a single unit. The building features a total of two suites. The property sits on 0.8 acres of land and is zoned for retail or restaurant use, making it a versatile option for a variety of businesses. The monthly rent is $6,500, plus utilities. This prime location offers significant potential for growth and success, with the added benefit of proximity to a major grocery anchor tenant. The space is ready for immediate occupancy. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,315,000
    ML approach
    $1,265,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,315,000
    6.5%
    $1,215,000
    7%
    $1,130,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,083,000
    Market price range: $338k - $1.08M
    AI Estimate
    $885,000
    Market price range: $248k - $886k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $725,000
    Current use
    AUTO REPAIR, GARAGE
    $1,475,000
    Change: +104% Conversion: Difficult
    OFFICE BUILDING
    $840,000
    Change: +16% Conversion: Easy
    NEIGHBORHOOD: SHOPPING CENTER
    $820,000
    Change: +14% Conversion: Moderate
    COMMERCIAL (GENERAL)
    $780,000
    Change: +7% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Jonesboro
County
Clayton
State
Georgia
Longitude
-84.3653
Latitude
33.5359
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
$13,266
$125,440
$214,600
$340,040
-
$313,600
$536,500
$850,100
More about this property
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