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    Derrick Rd College Park, GA 30349

    Sponsored
    For Sale
    $1,525,000

    Prime 7.94-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.94-acre commercial land parcel presents a unique development opportunity in Union City, Georgia. Located at 0 Derrick Road, 30349, this property boasts a highly desirable TCMU zoning designation, making it suitable for a variety of commercial ventures. The site offers significant frontage, with 484 feet along Derrick Road and over 1,100 feet bordering Big Branch Creek, providing both visibility and a tranquil setting. Its convenient location just off South Fulton Parkway ensures easy access and high visibility, while still offering a degree of privacy. The property is situated north of the South Fulton Parkway and Derrick Road intersection, conveniently located near a Walmart Distribution Facility and south of the new Derrick Road Elementary School. The land itself is relatively flat and well-suited for development. Public water is available, and sewer is already on-site, significantly streamlining the development process. The asking price for this ready-to-develop property is $1,525,000. The Fulton County APN is 09F320101460290. This is a rare opportunity to acquire a sizable, well-located commercial lot in a growing area.

    Property Features for 0 Derrick Rd

    General Information

    Property type
    Land
    Lot Size
    345,866 SF

    HighLights

    • Union City location.
    • TCMU zoning.
    • Public water available.
    • On‑site sewer.
    • Development‑ready site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    College Park
    County
    Fulton
    State
    Georgia
    Longitude
    -84.58811455
    Latitude
    33.62943249

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    FAQs

    What type of property is this?
    Land - Prime 7.94-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Derrick Rd College Park, GA.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: Union City location.; TCMU zoning.; Public water available.
    (770) 297-4807
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    Derrick Rd College Park, GA 30349
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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

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    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
    Derrick Rd College Park, GA 30349
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