1651 Phoenix Blvd, College Park, GA 30349

Listing office Skyline Seven Real Estate Show Phone

Listing date Nov 9, 2023

Source Crexi

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Overview

This property offers over 10 acres of contiguous land, featuring 12 single-story office buildings. It is located nearly adjacent to the world's busiest airport and has direct frontage on I-285, which sees 178,000 cars passing per day. The location also provides easy access to both I-85 and I-75. The property can be considered a covered land play, where an investor can focus on leasing the existing office properties, which are currently 32% occupied. Alternatively, a developer can purchase the property with the intent to redevelop it into another use, such as a distribution center or industrial building(s). To maintain the property as-is, some capital improvements will be needed to several of the buildings to make them leasable. Several buildings have roof leaks above vacant spaces, and building 1591 sustained a fire and needs repair.

Map

City

College Park

County

Fulton

State

Georgia

Longitude

-84.5246

Latitude

33.6188

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FAQs

What type of property is this?

Commercial land - 10 acres of contiguous land near Hartsfield-Jackson Airport.

Where is this commercial land located?

The property is located at 1651 Phoenix Blvd College Park, GA.

What is the asking price?

The asking price for this property is $6,000,000.

What are key features of this property?

This property features: Over 10 acres of contiguous land; Nearly adjacent to Hartsfield‑Jackson International Airport; Direct frontage on I‑285 with high traffic volume (178,000 cars per day)