Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7453 Mcelroy Dr, Unit Riverdale Riverdale, GA 30296

    For Sale
    $280,000

    5.1 acres of commercial land suitable for residential development.

    Property size:
    5 SF

    Property Features for 7453 Mcelroy Dr

    General Information

    Size
    5 SF

    Building Details

    Year built
    1955

    Source: Ayanna Echols Agent Ayanna Echols

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    5.1 Acre Development Opportunity

    This 5.1-acre property presents a development opportunity. Situated at the intersection of Ga. Hwy 85 and Ga. Hwy 138, the property is zoned for residential on commercial (GB) land. It is part of a 5.279-acre parcel assemblage with properties on McElroy Road. The assemblage supports residential townhome development. Note that the properties will not be subdivided for separate sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4163428
    Latitude
    33.5515178

    Nearby Similar for Sale

    • $3,500,000
      4,316 SF

      Riverdale Office Space For Sale

      Versatile office space in a growing commercial corridor of Riverdale.
      6338 Church St, Riverdale, GA 30274
      View Details
    • $250,000
      2,360 SF

      Commercial Building in Growing Riverdale

      Commercial building with great parking and space in growing Riverdale.
      478 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • Contact for pricing
      1,820 SF

      Riverdale Office Building For Sale

      Well-located office building with flexible floor plan in Riverdale.
      948 Hwy 138 Hwy, Riverdale, GA 30296
      View Details
    • Contact for pricing
      0.54 Acres

      Riverdale Office Building with Flexibility

      Well-located office building suitable for various professional uses.
      948 Hwy 138 Hwy, Riverdale, GA 30296
      View Details
    • $350,000
      1.49 Acres

      Income-Producing Residential Property

      Residentially zoned property with multiple income streams and business potential.
      222 Roy Huie Rd, Riverdale, GA 30274
      View Details
    • $220,000

      Turnkey Investment Opportunity in Riverdale

      Well-maintained townhouse with long-term tenant and strong rental history.
      6860 Mountain Cir, Riverdale, GA 30274
      View Details

    FAQs

    What type of property is this?
    Land - 5.1 acres of commercial land suitable for residential development.
    Where is this land located?
    The property is located at 7453 Mcelroy Dr, Unit Riverdale Riverdale, GA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Large 5.1-acre property ideal for development.; - Prime location at the intersection of Ga. Hwy 85 and Ga. Hwy 138.; - Zoned residential on commercial (GB) land.
    (404) 563-0508
    Request Owner's contact information
    7453 Mcelroy Dr, Unit Riverdale Riverdale, GA 30296
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7453 Mcelroy Dr, Unit Riverdale
    Riverdale, GA 30296
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7453 Mcelroy Dr, Unit Riverdale Riverdale, GA 30296
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.