Property profile

8220 Tara Blvd Jonesboro, GA 30236

OFF-MARKET
Retail space
Property ID
US22-4648592
12,600 SF 1.15 ac lot Built 1996
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Total area 12,600 SF
Lot 1.15 ac (50,050 SF)
Zoning code C
APN 13-239B- C-006
UPID US22-4648592

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store

Location

8220 Tara Blvd Jonesboro, GA 30236-3104
Jonesboro metro Census 40634 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$430k

Owner & transaction history

since 2011
4 recorded transactions
2011
$460,000
2011
Price N/A
2010
Price N/A
1969
Price N/A

Zoning & alternative use

C · Jonesboro, GA
Top alternative use upside
Office building $1.9M +15.7%
Neighborhood: shopping center $1.8M +13.5%
Commercial (general) $1.7M +7.4%

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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