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    875 Mansell Rd Roswell, GA 30076-5020

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    875 Mansell Rd Roswell, GA 30076-5020


    • Strip malls
    • 23,036 SF
    • 2.21 lot acres
    Off-Market
    Property ID
    US22-1350495
    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.

    Value Estimations
    $4,255,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jimmy John's / Restaurant / Take-out & Catering
    • Sharper Impressions Painting Co / Painting Service / General Contractor
    • LarryTheBarber (Barber inside of Camcutz Barber Studio) / Barber Shop
    • Plus Cabinet / Hardware & Home Improvement / Kitchen & Bath Showroom
    • Appliances 4 Less Roswell / Home Appliance Store / Hardware & Home Improvement

    Property Details for 875 Mansell Rd

    Year built
    1988
    Lot size
    2.21 lot acres
    Property size
    23,036 SF
    Zone code
    R4C
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    12 218005050458
    APU
    12218005050458

    Description

    This exceptional 32,756 square foot retail center in Roswell, Georgia, boasts a prime location on Mansell Road (36,000 vehicles per day), featuring two access points and a lighted intersection. Anchored by a CVS Pharmacy, which has occupied the space for 26 years and recently renewed their lease, the center also includes Jimmy John's, Avis, and Red Wing Shoes. The property enjoys 100% occupancy and a strong NOI of $730,991, resulting in a 6.61% cap rate. The asking price is $11,065,000, translating to $337.80 per square foot. Recent capital improvements include a new roof with a remaining warranty. The property sits on a 4.31-acre lot and benefits from significant mark-to-market rental upside potential, with current market rents exceeding existing lease rates by $5-10 per square foot. The center is strategically positioned near other national retailers such as Walmart, Lowe's, Sprouts, Kroger, Aldi, and more, serving a highly affluent area with average household incomes exceeding $200,000 within a 3-mile radius. Leases are Net, with tenants responsible for CAM, taxes, and insurance. CVS's strong sales (nearing $10 million annually) and long-term commitment, coupled with the recent upgrades and prime location, make this a compelling investment opportunity. The property is situated in a rapidly growing area of Fulton County, offering excellent potential for long-term appreciation.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,170,000
      6.5%
      $5,695,000
      7%
      $5,290,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $6,715,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3383
    Latitude
    34.0423
    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
    2023
    $46,233
    $635,960
    $1,002,000
    $1,637,960
    -
    $1,589,900
    $2,505,000
    $4,094,900
    More about this property
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