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    00 Mcdonough Ga McDonough, GA 30253

    For Sale
    $2,200,000

    22 Acres, Hwy 42 Corner Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 22.31-acre commercial land parcel presents a remarkable investment opportunity in McDonough, Georgia. Strategically located at the highly visible intersection of Highway 42 and McDonough Parkway in Henry County, this property boasts a prime corner location with excellent visibility and accessibility. The asking price is $2,200,000. The expansive lot offers significant development potential for a variety of commercial uses, capitalizing on its high-traffic location and strong demographics. The property's zoning allows for a range of commercial ventures, making it an attractive option for businesses seeking a prominent presence in a thriving area. Further enhancing its appeal, the property includes a residential component situated at the rear, offering additional possibilities for mixed-use development or potential future expansion. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing market. The property's size and location make it ideal for large-scale commercial projects, offering significant return on investment. Don't miss this chance to secure a prime piece of Henry County real estate. The address is 00 Hwy 42, McDonough, GA 30253.

    Property Features for 00 Mcdonough Ga

    General Information

    Property type
    Land
    Lot Size
    971,824 SF

    HighLights

    • 22.31‑acre commercial land parcel in McDonough, GA.
    • Prime corner location at Hwy 42 & McDonough Parkway intersection.
    • Asking price: $2,200,000.
    • High‑traffic location with strong demographics.
    • Zoning allows for various commercial uses.
    • Includes a residential component.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.160735
    Latitude
    33.469821

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    FAQs

    What type of property is this?
    Land - 22 Acres, Hwy 42 Corner Lot
    Where is this land located?
    The property is located at 00 Mcdonough Ga McDonough, GA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 22.31-acre commercial land parcel in McDonough, GA.; Prime corner location at Hwy 42 & McDonough Parkway intersection.; Asking price: $2,200,000.
    (770) 447-5959
    Request Owner's contact information
    00 Mcdonough Ga 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
    00 Mcdonough Ga McDonough, GA 30253
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