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    Shannon Pkwy Union City, GA 30291

    For Sale
    $295,000

    Prime 2.49-acre commercial lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.49-acre commercial land parcel presents a unique development opportunity in Union City, Georgia. Located at 0 Shannon Parkway SW, this level and wooded property boasts a generous 200' x 600' footprint situated on the corner of Shannon Parkway and Shannon Boulevard, offering excellent visibility and accessibility. The property comprises three combined lots, providing flexibility for various development plans. Its strategic location offers convenient access to MARTA, ensuring easy commutes for employees and customers. Furthermore, the property enjoys close proximity to a Super Walmart, providing immediate access to a large consumer base, and is also near Atlanta Metro Studios, presenting potential synergies for businesses in the entertainment industry. The asking price for this ready-to-develop land is $295,000. The property is located in Fulton County, Georgia, with a zip code of 30291. This prime location and substantial lot size make this an ideal investment for developers seeking a high-potential commercial project in a thriving area. The property's size and location offer significant potential for a variety of commercial uses.

    Property Features for 0 Shannon Pkwy

    General Information

    Property type
    Land
    Lot Size
    108,464 SF

    HighLights

    • 2.49‑acre commercial land parcel in Union City, GA, ready for development.
    • Located at 0 Shannon Parkway SW, a corner lot with excellent visibility.
    • Three combined lots totaling 200' x 600', offering development flexibility.
    • Convenient MARTA access and proximity to a Super Walmart.
    • Near Atlanta Metro Studios.
    • Asking price: $295,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Union City
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5388244
    Latitude
    33.5763579

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    FAQs

    What type of property is this?
    Land - Prime 2.49-acre commercial lot, ready for development.
    Where is this land located?
    The property is located at Shannon Pkwy Union City, GA.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 2.49-acre commercial land parcel in Union City, GA, ready for development.; Located at 0 Shannon Parkway SW, a corner lot with excellent visibility.; Three combined lots totaling 200' x 600', offering development flexibility.
    (678) 594-2763
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    Shannon Pkwy Union City, GA 30291
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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
    Shannon Pkwy Union City, GA 30291
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