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    6382 Highway 42 Rex, GA 30273

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    For Sale
    $950,000

    Prime land parcel in Rex, GA, near schools and amenities.

    Property size:
    9 SF
    Lot size:
    9.40 Acres

    Property Features for 6382 Highway 42

    General Information

    Size
    9 SF
    Lot size
    9.40 Acres

    Source: Colin Crowe Agent Colin Crowe

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

    Overview

    9.4 Acres Redevelopment Opportunity

    This 9.4-acre property in Rex, GA, presents a redevelopment opportunity. The land is positioned for redevelopment, with sewer access in close proximity. The location is near Roberta T. Smith Elementary and Rex Middle School, making it suitable for residential or mixed-use development. The property has great visibility and 875 feet of road frontage. It is less than 0.5 miles from I-675 and has less than 10 feet of grade change. The site is located near the Atlanta Motor Speedway and Clayton State University. The location offers access to major transportation routes, presenting potential for residential development.
    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
    Rex
    County
    Clayton
    State
    Georgia
    Longitude
    -84.2863156
    Latitude
    33.5789012

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    FAQs

    What type of property is this?
    Land - Prime land parcel in Rex, GA, near schools and amenities.
    Where is this land located?
    The property is located at 6382 Highway 42 Rex, GA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - 9.4 Acres of land suitable for redevelopment for residential, commercial, or mixed-use projects.; - Sewer access in close proximity, simplifying development.; - Excellent visibility with **875 ft of road frontage.**
    (678) 628-9128
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    Rex, GA 30273
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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
    6382 Highway 42 Rex, GA 30273
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