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    1005 Shoppes Ln McDonough, GA 30253

    For Sale
    $2,165,000

    Three prime parcels, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional offering presents three contiguous commercial land parcels totaling 3.87 acres in McDonough, Georgia, ideally situated at 1005 Shoppes Ln, 30253. Zoned C-3, these parcels (1.36 acres, 1.38 acres, and 1.13 acres) are available individually or as a combined investment opportunity. The property boasts established infrastructure, including curbs, storm drains, and readily available water and utilities. Its strategic location adjacent to a thriving retail center anchored by Lowe's and Walmart, along with other national brands like Goodyear, QuikTrip, and fast-food chains, ensures high visibility and significant foot traffic. The site benefits from exceptional access to I-75 (118,000 cars daily) and Highway 20 (24,500 cars daily), providing unparalleled connectivity. McDonough's robust residential growth, projected at 8% over the next five years, coupled with a strong average household income of $96,386 (projected 14% growth in five years) within a 5-mile radius (87,871 population), creates a compelling investment case. The proximity to Atlanta and Hartsfield-Jackson Atlanta International Airport further enhances the property's appeal. This is a rare chance to acquire prime commercial land in a rapidly expanding market with significant upside potential. The asking price for all three parcels is $2,165,000.

    Property Features for 1005 Shoppes Ln

    General Information

    Property type
    Land
    Lot Size
    168,577 SF

    HighLights

    • Three build‑ready commercial lots, available individually or as a portfolio.
    • C‑3 Highway Commercial zoning allows for diverse development options.
    • Full infrastructure in place: curbs, storm drains, and utilities are available at each lot.
    • Excellent location adjacent to a major retail center anchored by Lowe's and Walmart.
    • High traffic counts: I‑75 (118,000 VPD) and Hwy 20 (24,500 VPD).
    • Strong residential growth with numerous active nearby developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.179391
    Latitude
    33.432813

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    FAQs

    What type of property is this?
    Land - Three prime parcels, high-growth area.
    Where is this land located?
    The property is located at 1005 Shoppes Ln McDonough, GA.
    What is the asking price?
    The asking price for this property is $2,165,000.
    What are key features of this property?
    This property features: Three build-ready commercial lots, available individually or as a portfolio.; C-3 Highway Commercial zoning allows for diverse development options.; Full infrastructure in place: curbs, storm drains, and utilities are available at each lot.
    (404) 812-8927
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    1005 Shoppes Ln McDonough, GA 30253
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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
    1005 Shoppes Ln McDonough, GA 30253
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