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    Hwy 54 & Simpson Rd Jonesboro, GA 30238

    For Sale
    $887,250

    11.83-acre tract, Hwy 54 frontage, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11.83-acre property presents a unique investment opportunity in Jonesboro, Georgia. Located at the intersection of Highway 54 and Simpson Road in Fayette County, this expansive tract boasts approximately 729 feet of Highway 54 road frontage, offering significant visibility and accessibility. Currently zoned for residential use, the land presents versatile development potential. All utilities are available except sewer. The asking price for this substantial parcel is $887,250. This is an excellent opportunity for developers or investors seeking a large tract of land in a desirable location. Note that three adjacent or nearby tracts are also available for purchase, potentially allowing for the acquisition of a significantly larger contiguous land holding. The property's location in Fayette County, Georgia, provides easy access to major transportation routes and amenities. The 30238 zip code offers a strong residential market, making this land ideal for various residential development projects. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 0 Hwy 54 & Simpson Rd

    General Information

    Property type
    Land
    Lot Size
    515,315 SF

    HighLights

    • ± 11.83 Acres in Jonesboro, GA
    • Three adjacent tracts also available for purchase
    • Residential zoning
    • ± 729 feet of Highway 54 frontage
    • $887,250 asking price
    • All utilities available except sewer
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Fayette
    State
    Georgia
    Longitude
    -84.4079858
    Latitude
    33.48016

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    FAQs

    What type of property is this?
    Land - 11.83-acre tract, Hwy 54 frontage, residential zoning.
    Where is this land located?
    The property is located at Hwy 54 & Simpson Rd Jonesboro, GA.
    What is the asking price?
    The asking price for this property is $887,250.
    What are key features of this property?
    This property features: ± 11.83 Acres in Jonesboro, GA; Three adjacent tracts also available for purchase; Residential zoning
    (770) 632-4222
    Request Owner's contact information
    Hwy 54 & Simpson Rd Jonesboro, GA 30238
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    Jonesboro, GA 30238
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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
    Hwy 54 & Simpson Rd Jonesboro, GA 30238
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