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    Spg Rd Jonquil Dr Smyrna, GA 30080

    Sponsored
    For Sale
    $3,335,000

    2.93 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.93-acre commercial land parcel presents a unique development opportunity in Smyrna, Georgia. Located at the highly visible intersection of Spring Road and Jonquil Drive, this property boasts a daily traffic count of 29,100 vehicles. The site is zoned for both General Commercial (GC) and Multi-Family Residential (RM-12) uses, aligning with the City's Future Land Use Map designations of Community Activity Center (CAC) and Medium-High Density Residential (MHDR). Its strategic location offers easy access to key areas, including Downtown Smyrna (0.7 miles), Truist Park (2.3 miles), The Battery Atlanta (2.3 miles), Cumberland/Galleria (2.1 miles), and is within reasonable driving distance of Vinings, Marietta Square, Buckhead, Perimeter, Midtown, and Downtown Atlanta. The property's versatility allows for a range of development options, including retail complexes, office spaces, mixed-use developments, and entertainment venues. The asking price is $3,335,000, translating to approximately $1,138,000 per acre. This prime location and flexible zoning make this an ideal investment for developers seeking high-impact projects in a thriving market. The property's high visibility and proximity to major transportation routes ensure strong potential for future growth and return on investment.

    Property Features for 0 Spg Rd Jonquil Dr

    General Information

    Property type
    Land
    Lot Size
    127,631 SF

    HighLights

    • 0.7 miles from Downtown Smyrna.
    • 2.3 miles from Truist Park and The Battery Atlanta.
    • 2.1 miles from Cumberland/Galleria.
    • 4 miles from Vinings.
    • 6.2 miles from Marietta Square.
    • 9 miles from Buckhead.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smyrna
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5046388
    Latitude
    33.8822704

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    FAQs

    What type of property is this?
    Land - 2.93 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at Spg Rd Jonquil Dr Smyrna, GA.
    What is the asking price?
    The asking price for this property is $3,335,000.
    What are key features of this property?
    This property features: 0.7 miles from Downtown Smyrna.; 2.3 miles from Truist Park and The Battery Atlanta.; 2.1 miles from Cumberland/Galleria.
    Request Owner's contact information
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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
    Spg Rd Jonquil Dr Smyrna, GA 30080
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