Property profile

4939 Bill Gardner Pkwy Locust Grove, GA 30248

OFF-MARKET
Commercial land
Property ID
US22-3425989
2.02 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8,800-square-foot retail property, situated on a 2.02-acre lot in Locust Grove, Georgia, presents a remarkable investment opportunity. Completed in 2024, this Class A building boasts a single story design and is ideally suited for multiple tenants. The property's zoning is C-1, allowing for a variety of commercial uses, including retail, restaurant, and potentially medical spaces. Its strategic location on Bill Gardner Parkway offers excellent visibility and accessibility, further enhanced by its proximity to a high-traffic Walmart Supercenter (experiencing 2 million visits annually) and the Locust Grove Tanger Outlets. The property features convenient interparcel access, ensuring ease of movement for customers and employees. Located in the Atlanta submarket of Henry County, Georgia, this property offers a unique blend of convenience, visibility, and growth potential. The address is 4939 Bill Gardner Pkwy, Locust Grove, GA 30248. No elevators are present in this single-story building. This is a truly exceptional opportunity for businesses seeking a high-visibility location in a thriving commercial area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.02 ac (88,078 SF)
Zoning code C
APN 112-01013034
UPID US22-3425989

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4939 Bill Gardner Pkwy Locust Grove, GA 30248-2910
Locust Grove metro Census 70411 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M

Owner & transaction history

since 2023
Last sale
$1.2M
4 recorded transactions
2023
$1.2M
2023
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

C · Locust Grove, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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