Property Location

945 S Hairston Road, Stone Mountain GA 30088

Interactive Map

List Price $549,999
Units 1
Est. Cap Rate 1.1%
Est. Cash-on-Cash -19.6%
Price / Unit $549,999
Est. Year 1 Cash Flow $-26,947 after debt service
945 S Hairston Road Stone Mountain, GA 30088
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Rare opportunity to acquire two adjacent commercial properties in the heart of Stone Mountain, offering strong visibility, road frontage, and redevelopment potential along the highly traveled S Hairston Road corridor. Combined, 945 & 959 S Hairston Road create an ideal assemblage opportunity for investors, developers, or owner-operators seeking flexibility and long-term upside. 945 S Hairston Road features an existing four-sided brick office building with approximately 184 feet of frontage next to Hairston Park. Currently zoned O/I, the property supports a wide range of professional, medical, educational, financial, and office uses, with potential rezoning opportunities for senior housing, townhomes, home care services, and additional redevelopment concepts. 959 S Hairston Road offers an additional 0.86-acre parcel positioned in a high-traffic commercial corridor near Stone Mountain Park with convenient access to I-285 and US-278. Surrounded by established businesses and ongoing development, including a new church under construction across the street, the location provides excellent exposure and continued growth potential. Together, the properties offer expanded frontage, development flexibility, and exceptional potential for office, retail, medical, restaurant, mixed-use, multifamily, or service-based concepts, subject to zoning and county approval. Properties sold as-is. Buyer to independently verify zoning, land use, and permitted uses with DeKalb County.
Investment Notes — Stone Mountain
  • Located in the Stone Mountain, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $549,999 Verified
Est. Cap Rate 1.09% Modeled
Est. Cash-on-Cash -19.60% Modeled
Est. Gross Income $13,603 Modeled
Est. NOI $5,985 Modeled
Est. Year 1 Cash Flow $-26,947 after debt service (25% down / 7% / 30-yr) Modeled
Price per Sq Ft $334 Verified
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

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Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap1.1%
Est. CoC-19.6%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7769484 · Listing courtesy of Method Real Estate Advisors, Miya Lewis · 404-476-8171

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily