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103 Lake Rd McDonough, GA 30252

For Sale
$3,300,000

Prime Henry County development opportunity. High-traffic location.

Description

Added:
Dec 11, 2024
Days on Market:
366
This exceptional 22.77-acre commercial land parcel in McDonough, Georgia, presents a remarkable investment opportunity. Located at 103 & 167 East Lake Road, this property boasts approximately 1500 feet of road frontage and is situated at a busy intersection, roughly one mile east of Stockbridge and less than two miles north of McDonough. Currently zoned RA (Residential Agricultural), the site is ideally positioned for medium to high-density residential or commercial development, given its proximity to existing commercial and public/institutional uses. All utilities are readily available, including public water and sewer, with multiple sewer manholes on the site. The topography is mostly level, with approximately 4.3 acres of floodplain, including a 2.5-acre pond, offering potential for attractive development features. The property is conveniently located within the East Lake Elementary, Union Grove Middle, and Union Grove High school districts. Its strategic location offers easy access to Highway 155 (3,600 VPD) and East Lake Road (11,900 VPD), placing it within a 15-mile radius of Atlanta's Perimeter (I-285) and approximately 22 miles from Downtown Atlanta. The site is also within walking distance of a new Kroger (opening in 2024), Chick-fil-A, and other retail and dining establishments. The asking price is $3,300,000, translating to $145,374 per acre. Parcel numbers are 103 02050000 and 103 02051002. This is the last remaining undeveloped quadrant in a largely built-out commercial area.

Property Features for 103 Lake Rd

General Information

Property type
Land
Lot Size
991,861 SF

HighLights

  • $3.3M asking price, 22.77‑acre lot, $145,374/acre.
  • All utilities available. RAR zoning.
  • Approx. 1500' of East Lake Road frontage.
  • East Lake ES, Union Grove MS, and Union Grove HS school districts.
  • East Lake Road traffic count: 11,900 VPD; Highway 155 traffic count: 3,600 VPD.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Nail Salon Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
McDonough
County
Henry
State
Georgia
Longitude
-84.1366083
Latitude
33.5085305

FAQs

What type of property is this?
Land - Prime Henry County development opportunity. High-traffic location.
Where is this land located?
The property is located at 103 Lake Rd McDonough, GA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: $3.3M asking price, 22.77-acre lot, $145,374/acre.; All utilities available. RAR zoning.; Approx. 1500' of East Lake Road frontage.
More about this property
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