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Corner Residential Development Lot
For Sale
$110,000

1240 Gus Thornhill Jr Dr, East Point, GA 30344

Corner lot with public water, sewer, and gas available, offering flexibility for residential development and possible subdivision.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market67

Property Features for 1240 Gus Thornhill Jr Dr

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,212
Listing Agency: Maximum One Realtor Partners
Listed By: Levi Ohanenye
Source: Exprealty
Added: Jun 7 Changed: Aug 8 Last Checked: Jun 30 at 8:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maximum One Realtor Partners

Investment Insights

Based on property information with market context.

This for-sale parcel is a residential land lot positioned on a corner site, offering room for a single home or a plan that allows for multiple dwellings, subject to approvals. The property is presented as an approximately 0.31-acre development opportunity. Public water, sewer, and gas availability are noted for the site, which can help support residential construction planning.

Located in East Point, the property is described as having convenient access to Downtown East Point, MARTA, and Hartsfield-Jackson Atlanta International Airport. The surrounding area is characterized in the remarks as experiencing new investment and redevelopment, contributing to a changing environment for new housing.

The lot may be suitable for owner-builders, developers, or investors seeking to create a residential project. The seller’s remarks indicate there may be potential to explore a subdivision concept, including the possibility of creating space for two homes, with options to live in one and rent the other or develop for resale. Buyers should perform their own due diligence regarding zoning, lot configuration, subdivision potential, setbacks, utilities, and intended use before proceeding.

Key Highlights

  • Approximately 0.31‑acre corner lot in East Point with public water, sewer, and gas available
  • Potential for residential development with flexibility noted for building for family or rental income
  • Development planning may include exploring a subdivision opportunity (subject to buyer due diligence)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center Pet Grooming Service Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,257
Businesses Nearby

Demographics for 30344, GA

35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot with public water, sewer, and gas available, offering flexibility for residential development and possible subdivision.
Where is this residential land & home lot located?
The property is located at 1240 Gus Thornhill Jr Dr East Point, GA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Approximately 0.31‑acre corner lot in East Point with public water, sewer, and gas available; Potential for residential development with flexibility noted for building for family or rental income; Development planning may include exploring a subdivision opportunity (subject to buyer due diligence)
More about this property
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