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    7990 Johnson Rd Palmetto, GA 30268

    For Sale
    $850,000

    17.91 acres, RR zoning, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17.91-acre parcel presents a unique opportunity for commercial and residential development in the thriving city of Palmetto, Georgia. Located at 7990 Johnson Road, this mostly flat and cleared property boasts a desirable RR (Rural Residential) zoning designation, offering flexibility for a variety of uses. Its strategic location provides convenient access to major transportation arteries, situated just 3 miles from I-85 at Exit 56 (Collinsworth Road), ensuring seamless connectivity for businesses and residents alike. The surrounding area demonstrates strong economic potential, with an average household income of $101,586 within a 5-mile radius, indicating a robust and affluent market. The property's substantial size and versatile zoning make it ideal for a range of development projects, from commercial ventures to residential subdivisions, catering to the growing demand in the Palmetto area. This is a rare opportunity to acquire a significant land holding in a rapidly developing region of Fulton County, Georgia, with a 30268 zip code. The property's size and location offer significant potential for substantial return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 7990 Johnson Rd

    General Information

    Property type
    Land
    Lot Size
    780,160 SF

    HighLights

    • 17.91‑acre commercial/residential development site in Palmetto, GA.
    • Located at 7990 Johnson Road, zoned RR (Rural Residential).
    • 3 miles from I‑85 Exit 56 (Collinsworth Road).
    • Average household income within 5 miles: $101,586.
    • Significant ROI potential in rapidly developing Fulton County (zip code 30268).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Accounting Firm HVAC Service Discount Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Fulton
    State
    Georgia
    Longitude
    -84.642713386985
    Latitude
    33.523655526298

    Nearby Comparable

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      Palmetto Land Near I-85

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      Palmetto Distribution Warehouse For Sale

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      Palmetto Distribution Warehouse For Sale

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    FAQs

    What type of property is this?
    Land - 17.91 acres, RR zoning, prime location.
    Where is this land located?
    The property is located at 7990 Johnson Rd Palmetto, GA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 17.91-acre commercial/residential development site in Palmetto, GA.; Located at 7990 Johnson Road, zoned RR (Rural Residential).; 3 miles from I-85 Exit 56 (Collinsworth Road).
    (404) 812-4058
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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
    7990 Johnson Rd Palmetto, GA 30268
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