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Investment Highlights

  • High-Visibility Arterial Frontage: Direct frontage on SR-54/Jonesboro Road, a GDOT-classified Urban Principal Arterial carrying 25,800VPD
  • 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
  • Superior Interstate Access: Less than 1 mile from I-285 (Exit 55), one of metro Atlanta's primary logistics and commuter corridors
  • Site falls within a URA Redev Zone, providing potential access to TAD financing, expedited permitting, and land write-downs to offset renovation

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,630 SF
Building Class
C
Year Built
1960
Price
$787,583 CAD
Price Per SF
$103.22 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
GB - The General Business (GB) District is designated for a broad spectrum of commercial activities along major arterial corridors.
Parking
10 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
127’ on Jonesboro Rd
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Bank of America
Rent-A-Center
Renasant Bank

Property Taxes

Property Taxes

Parcel Number
13-0048A-00D-007
Land Assessment
$54,898 CAD
Improvements Assessment
$117,740 CAD
Total Assessment
$172,638 CAD
  • Listing ID: 40284883

  • Date on Market: 2026-04-24

  • Last Updated:

  • Address: 4527 Jonesboro Rd, Forest Park, GA 30297

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