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    2762 River Road Ellenwood, GA 30294

    Source: https://www.cbcworldwide.com
    For Sale
    $1,400,000

    1.3 AC Land For Sale

    Property size:
    56,628 SF

    Description

    Added:
    Apr 10, 2025
    Days on Market:
    242
    Don’t miss this prime investment opportunity in Decatur/Ellenwood, GA. Situated in a rapidly growing area, the location provides convenient access to Atlanta's key business hubs and corporate centers. Nearby attractions include the Atlanta Downtown and Airport, Arabia Mountain National Heritage Area, Stone Mountain Park and Sugar Creek Golf Course. This is a corner lot zoned C1 and ideal for retail. Assemblage opportunity, adjoining .44 acres also zoned C1.

    This 1.3-acre C1-zoned lot is a pivotal piece of commercially zoned land at a prime intersection. With 190 feet of high-visibility corner street frontage, this property offers excellent access and exposure, making it a standout investment. Plus, it adjoins an additional .44-acre assemblage opportunity also zoned C1, with 291 feet of street frontage, expanding development potential. Ideal for the savvy investor looking to maximize visibility and strategic location in one powerful package.
    Corner Lot Zoned C1 Adjoining .44 acre zoned C1 Near Interstate High Visibility High Traffic Count Approximately 1 mile from Cedar Grove Elementary and High School

    Property Features for 2762 River Road

    General Information

    Property type
    Other land
    Square Feet
    56,628 SF
    Price / Square Foot
    $24
    Elevators
    N/A
    Lot Size
    56,628 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellenwood
    State
    Georgia
    Longitude
    -84.27882
    Latitude
    33.674078

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    FAQs

    What type of property is this?
    Land - 1.3 AC Land For Sale
    Where is this land located?
    The property is located at 2762 River Road Ellenwood, GA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (678) 320-4800
    Request Owner's contact information
    2762 River Road Ellenwood, GA 30294
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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
    2762 River Road Ellenwood, GA 30294
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