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    5027 Austell Rd Austell, GA 30106

    For Sale
    $799,500

    High-Yield Parking Lot Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a prime 1.29-acre commercial parking lot located at 5027 Austell Road in Austell, Georgia. Currently boasting 63 parking spaces, this fully fenced lot offers secure 24-hour access via multiple gates. The property's significant advantage lies in its proven profitability, generating a consistent monthly income exceeding $10,000. This established revenue stream provides immediate returns for investors, with significant potential for future growth. The existing infrastructure is well-maintained and ready for immediate use. The substantial lot size also presents a unique opportunity to expand the parking capacity by fencing in additional areas, further increasing revenue generation. This translates to a substantial increase in the property's overall value and return on investment. The property's strategic location in Austell, GA, offers excellent accessibility and visibility, making it an attractive option for businesses and individuals seeking convenient parking solutions. This is a rare chance to acquire a high-performing, income-producing asset with considerable upside potential. The property is priced at $799,500, reflecting its strong financial performance and future growth prospects. Serious inquiries are encouraged.

    Property Features for 5027 Austell Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,192 SF

    Building Details

    Year Built
    2020
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Uak Parking LLC Parking Lot Austell Rd RV ... Rv Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austell
    County
    Cobb - GA
    State
    Georgia
    Longitude
    -84.61211
    Latitude
    33.83089

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield Parking Lot Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 5027 Austell Rd Austell, GA.
    What is the asking price?
    The asking price for this property is $799,500.
    (678) 530-7720
    Request Owner's contact information
    5027 Austell Rd Austell, GA 30106
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    Austell, GA 30106
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    5027 Austell Rd Austell, GA 30106
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