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    9696 Tara Blvd Jonesboro, GA 30236
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    Property profile & analytics

    9696 Tara Blvd, Jonesboro, GA 30236

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    • Warehouses
    • 17,533 SF
    • 3.03 lot acres
    For Sale
    $2,500,000
    View Listing →
    Versatile Flex and Event Campus For Sale
    $2,500,000
    18,000 SF

    Versatile Flex and Event Campus

    Multi-building flex and event campus on Tara Boulevard.

    9696 Tara Blvd, Jonesboro, GA 30236
    View Listing
    Property ID
    US22-1205029
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gonzelez Tires #2 / (Bike/Boat/Book/etc) Store / Auto Parts Store
    • The Hall Of All Events Center / Hotel & Motel / Resort

    Property Details for 9696 Tara Blvd

    Year built
    1989
    Lot size
    3.03 lot acres
    Zone code
    GB
    Property type
    Warehouses
    APN
    06-063A- A-003
    APU
    06063AA003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 20, 2016 $750,000 Rafael Gonzalez Shull,paul R Grant Deed $710k

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,145,000
      6.5%
      $1,980,000
      7%
      $1,840,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,647,000
      Market price range: $661k - $2.79M
      AI Estimate
      $1,175,000
      Market price range: $540k - $2.09M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,735,000
      Current use
      OFFICE BUILDING
      $2,620,000
      Change: +51% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,570,000
      Change: +48% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,430,000
      Change: +40% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3402
    Latitude
    33.4908
    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
    $13,264
    $110,880
    $229,120
    $340,000
    -
    $277,200
    $572,800
    $850,000

    Comparable in this City

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      WAREHOUSE, STORAGE
      9279 Main Ct, Jonesboro, GA 30236-8703
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      9503 Main St

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      8,400 SF

      9894 Feagin Rd

      WAREHOUSE, STORAGE
      9894 Feagin Rd, Jonesboro, GA 30236-6039
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      9265 Main Ct

      WAREHOUSE, STORAGE
      9265 Main Ct, Jonesboro, GA 30236-8713
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      3,584 SF

      7869 Old Morrow Rd

      WAREHOUSE, STORAGE
      7869 Old Morrow Rd, Jonesboro, GA 30236-2444
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,685 SF

      Flex Warehouse with Office Showroom

      Flex building pairs front office/showroom space with rear warehouse/service bays for a range of service and logistics uses.
      285 N Main St, Jonesboro, GA 30236
      View Details
    • Contact for pricing
      Pending

      Versatile Commercial Building in Jonesboro, GA

      18,124 sq ft commercial building suitable for various business uses.
      8326 Tara Blvd, Jonesboro, GA 30236
      View Details
    • Contact for pricing
      10,125 SF

      Established Gas Station For Sale

      Profitable gas station with high traffic and proven performance.
      10307 Tara Blvd, Jonesboro, GA 30236
      View Details
    • $284,000
      1,764 SF

      Jonesboro Commercial Property For Sale

      Two-story commercial building in a busy mixed-use district.
      23 Lee St, Jonesboro, GA 30236
      View Details
    • $124,990
      1.01 Acres

      Medical Lot Ready For Development

      1.01-acre corner lot with existing Medical/Professional Office Zoning.
      Highway 138, Jonesboro, GA 30236
      View Details
    • $300,000
      23.74 Acres

      Land in Jonesboro, Georgia

      Large land parcel with potential for development or personal use.
      2811 Noahs Ark Rd, Jonesboro, GA 30236
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      176,086 SF

      Jonesboro Warehouse Space Available

      176,086 sqft warehouse space for lease in Jonesboro, GA.
      1412 Battle Crk Rd, Jonesboro, GA 30236
      View Details
    • Contact for pricing

      Tara Blvd Land for Lease

      1.06 acres of commercial land available for lease.
      6278 Tara Blvd, Jonesboro, GA 30236
      View Details
    • $1,500 /Mo
      1,400 SF

      Jonesboro Retail Space For Rent

      Versatile 1400 SF retail space in prime Jonesboro location.
      231 Stockbridge Rd, Jonesboro, GA 30236
      View Details
    • Contact for pricing
      6,392 SF

      Retail Space with Ample Parking

      Retail property with high traffic and parking.
      6632 Tara Blvd, Jonesboro, GA 30236
      View Details
    • New
      $600 /Mo
      700 SF

      Downtown Small Office Suite

      Commercial office suite with a private bathroom, suited for small business operations in downtown Jonesboro.
      274 N Main St, Jonesboro, GA 30236
      View Details
    • Contact for pricing

      Lola

      DAYCARE PREMISES FOR RENT
      2723 Mt. Zion Rd, Jonesboro, GA 30236
      View Details
    View Listing
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    Jonesboro, GA 30236
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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