Property summary
This exceptional investment opportunity presents a fully established retail center in Jonesboro, GA, boasting a substantial 12,600 square feet on a 1.15-acre lot with 147 feet of road frontage. The property includes a thriving adult novelty store, a separate tattoo parlor, and a smoke shop, all operating under one roof within a clean, well-maintained building. The business has a proven track record, operating successfully for over two decades, and generated $806,000 in total sales during 2024. This high-volume, high-traffic location benefits from excellent visibility and exposure in a rapidly growing area, offering a rare 16% cap rate. The sale price of $3,650,000 includes the real estate, the established business, and all existing inventory. The property features several value-added opportunities, including ample warehouse space and the potential for a game machine room. Additional amenities include multiple offices and bathrooms. This turnkey operation is ideal for an owner-occupant seeking a profitable venture or an investor looking for a strong, established, and high-return investment. A non-disclosure agreement (NDA) is required before providing further due diligence materials.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C · Jonesboro, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C in Jonesboro, GA.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning