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    300 Market Pl Locust Grove, GA 30248

    For Sale
    $7,250,000

    37.95-acre development site with frontage on I-75 and Market Place Blvd.

    Lot size:
    37.95 Acres

    Property Features for 300 Market Pl

    General Information

    Lot size
    37.95 Acres

    Source: Bull Realty, Inc. - Atlanta Agent John DeYonker

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

    Overview

    Development Site on I-75

    This is a 37.95-acre development site located on I-75 and Market Place Blvd in Locust Grove, Georgia. Zoned C-2, the property allows for multiple general commercial uses and has potential for mixed-use zoning. The usable area is estimated at approximately 27 acres. The site has over 1,200 feet of frontage on Interstate 75 and over 1,200 feet of frontage on Market Place Blvd, directly across the street from Walmart. Access is located 2 blocks from the Bill Gardner I-75 exit, south of Atlanta. The surrounding retail trade area includes Walmart, Ingles, Tanger Outlets, multiple hotels, and restaurants. Concept site plans are available but will need revision to meet city approval. The seller will consider offers contingent on reasonable approvals.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Locust Grove
    County
    Henry
    State
    Georgia
    Longitude
    -84.095171
    Latitude
    33.347229

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    FAQs

    What type of property is this?
    Commercial land - 37.95-acre development site with frontage on I-75 and Market Place Blvd.
    Where is this commercial land located?
    The property is located at 300 Market Pl Locust Grove, GA.
    What is the asking price?
    The asking price for this property is $7,250,000.
    What are key features of this property?
    This property features: - ±37.95-acre development site with approximately 27 acres of usable area.; - C-2 zoning allows for multiple general commercial uses and potential for mixed-use zoning.; - **Highly visible location with over 1,200 feet of frontage on I-75 and Market Place Blvd.**
    (404) 876-1640
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    300 Market Pl Locust Grove, GA 30248
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    Locust Grove, GA 30248
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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
    300 Market Pl Locust Grove, GA 30248
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