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    8063 Ga-85 Riverdale, GA 30274

    For Sale
    $250,000

    1.6-acre development opportunity in prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 1.6-acre commercial land parcel presents a compelling development opportunity in Riverdale, Georgia. Located at 8063 GA-85, Clayton County, zip code 30274, this property boasts exceptional visibility with an average daily traffic count of 34,700 vehicles. The site is zoned MX, allowing for a variety of development options. Its strategic location off Highway 85 and Warren Drive benefits from the ongoing expansion of Highway 85 to six lanes, further enhancing accessibility and visibility. Adding to its appeal, a new retail/convenience store development is under construction across the street, slated to open in the fourth quarter of 2024. Furthermore, a 75+ townhome community by DRB Homes is currently under construction, with completion expected in 2025. This synergistic development environment creates a strong foundation for future growth and investment potential. The property's size and zoning, combined with its high-traffic location and proximity to new developments, make it an ideal site for a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area.

    Property Features for 8063 Ga-85

    General Information

    Property type
    Land
    Lot Size
    69,696 SF

    HighLights

    • $250,000 asking price for 1.6 acres of commercial land.
    • Located in Riverdale, GA, at 8063 GA‑85, zip code 30274.
    • MX zoning in Clayton County.
    • High visibility with an average daily traffic count of 34,700 vehicles.
    • Development opportunity near new retail and a 75+ townhome community under construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.418786515188
    Latitude
    33.535068835586

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    FAQs

    What type of property is this?
    Land - 1.6-acre development opportunity in prime location.
    Where is this land located?
    The property is located at 8063 Ga-85 Riverdale, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price for 1.6 acres of commercial land.; Located in Riverdale, GA, at 8063 GA-85, zip code 30274.; MX zoning in Clayton County.
    (770) 992-5112
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    Riverdale, GA 30274
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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
    8063 Ga-85 Riverdale, GA 30274
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