4527 Jonesboro Rd - Freestanding FOR SALE


Forest Park, GA 30297
$575,000 USD
770-262-8091
4527 Jonesboro Rd, Forest Park, GA for Sale
$575,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

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4527 Jonesboro Rd
Forest Park, GA 30297


HIGHLIGHTS

  • High-Visibility Arterial Frontage: Direct frontage on SR-54/Jonesboro Road, a GDOT-classified Urban Principal Arterial carrying 25,800VPD
  • Superior Interstate Access: Less than 1 mile from I-285 (Exit 55), one of metro Atlanta's primary logistics and commuter corridors
  • Value-Add Opportunity: Priced at $75.36/SF, a 25% discount to the corridor average of $100.88/SF, as-is condition and offering significant upside
  • Site falls within a URA Redev Zone, providing potential access to TAD financing, expedited permitting, and land write-downs to offset renovation

OVERVIEW

Property offered at $575,000 ($75.36/SF), representing a significant discount to the market average of $100.88/SF based on three comparable sales along the same corridor. The subject's lower price per SF reflects the property's as-is, vacant condition and need for renovation, presenting a value-add opportunity for an investor willing to reposition the asset. 7,630 SF multi-tenant strip center on 0.46 acres zoned General Business, configured for four units with front and rear parking. Property is currently vacant and being offered as-is. Strategically located on SR-54/Jonesboro Road, a GDOT-classified Urban Principal Arterial carrying 25,800 vehicles per day, less than one mile from I-285 (Exit 55). The immediate trade area is supported by a densely populated workforce corridor anchored by the Gillem Logistics Center, home to Amazon and Kroger distribution operations, and the planned $2B Digital Realty Data Center Campus less than two miles away. Site is positioned within a URA Redevelopment Zone, offering potential access to TAD financing, expedited permitting, and land write-downs — favorable incentives for a capital-improvement buyer. The planned MARTA Bus Rapid Transit line along this corridor, scheduled for 2030 service, adds long-term demand tailwinds for retail tenants. Immediate submarket demographics within one mile: 8,332 population across 3,071 households at an average household income of $63,421. Average age 34 — a younger consumer demographic consistent with service retail and convenience-oriented tenancy. Sale comps along Jonesboro Road range from $100–$102/SF for smaller single-tenant buildings. At $75.36/SF on a larger 4-unit asset, the subject offers a compelling basis for an investor targeting the Forest Park/Clayton County retail market.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,037 SF

ZONING

GB

APN/PARCEL ID

13-0048A-00D-007

ASK ABOUT THIS PROPERTY

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770-262-8091

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770-262-8091

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