10 Acres Near
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1651 Phoenix Blvd, College Park, GA 30349
10 acres of contiguous land near Hartsfield-Jackson Airport.
Property Size101,512 SF
Lot Size10.00 Acres
Price / SF$59.11
Days on Market1019
Property Features for 1651 Phoenix Blvd
General Information
Standard status
Active
Size
101,512 SF
Class
C
Lot size
10.00 Acres
Property subtype
Land
Occupancy
29%
Net Operating Income
$16,369
Listing Agency:
Skyline Seven Real Estate
(404) 812-8927
Listed By:
Elliott Kyle · License #GA 299687
Source:
Crexi
Added: Nov 9, 2023
Changed: Aug 15
Last Checked: Aug 24 at 6:33PM
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 Skyline Seven Real Estate
Investment Insights
Based on property information with market context.
This property offers over 10 acres of contiguous land, featuring 12 single-story office buildings. It is located nearly adjacent to the world's busiest airport and has direct frontage on I-285, which sees 178,000 cars passing per day. The location also provides easy access to both I-85 and I-75. The property can be considered a covered land play, where an investor can focus on leasing the existing office properties, which are currently 32% occupied. Alternatively, a developer can purchase the property with the intent to redevelop it into another use, such as a distribution center or industrial building(s). To maintain the property as-is, some capital improvements will be needed to several of the buildings to make them leasable. Several buildings have roof leaks above vacant spaces, and building 1591 sustained a fire and needs repair.
Key Highlights
- Over 10 acres of contiguous land
- Nearly adjacent to Hartsfield‑Jackson International Airport
- Direct frontage on I‑285 with high traffic volume (178,000 cars per day)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 30349, GA
81,320
Population
34,176
Households
2.4
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
45.9 sq mi
ZIP Area
1,772
Density / Sq Mi
$64,732
Median Household Income
$39,195
Median Earnings
$1,323
Median Rent
$236,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 10 acres of contiguous land near Hartsfield-Jackson Airport.
Where is this commercial land located?
The property is located at 1651 Phoenix Blvd College Park, GA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Over 10 acres of contiguous land; Nearly adjacent to Hartsfield‑Jackson International Airport; Direct frontage on I‑285 with high traffic volume (178,000 cars per day)
