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    155 Lk Pkwy And Hwy McDonough, GA 30252

    For Sale
    Contact for pricing

    High-traffic pad sites for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial land opportunity in McDonough, Georgia, presents 1 to 2 acres of prime pad sites ideally situated at the intersection of East Lake Parkway and Highway 155. The property's high-traffic location makes it perfect for a variety of businesses, including quick-service restaurants (QSRs), drive-thrus, auto care centers, auto service shops, and urgent care facilities. The site benefits from excellent visibility and accessibility, ensuring strong potential for customer traffic. Nearby established retailers such as Kroger, Walgreens, Bojangles, Shane's Rib Shack, and Advance Auto Parts demonstrate the area's robust commercial activity and consumer base. Furthermore, the property's proximity to East Lake Elementary, Union Grove Middle School, and Union Grove High School, with a combined student population exceeding 3,200, provides a significant daytime population and potential customer base. The strong demographics are further supported by an average household income exceeding $95,000 within a 3-mile radius, indicating high purchasing power and consumer spending in the immediate vicinity. This presents a unique opportunity for developers and investors seeking a high-growth location with significant potential for return on investment. The available acreage is suitable for multi-tenant development, offering flexibility and scalability for various business models. Don't miss this chance to secure a prime location in a thriving community.

    Property Features for 155 Lk Pkwy And Hwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑2 acres available for development.
    • Strong retail synergy with nearby Kroger, Walgreens, Bojangles, Shane's Rib Shack, and Advance Auto Parts.
    • Excellent location, less than one mile from East Lake Elementary, Union Grove Middle, and Union Grove High schools (3,200+ students).
    • High average household income exceeding $95,000 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1423044
    Latitude
    33.5031978

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    FAQs

    What type of property is this?
    Land - High-traffic pad sites for development.
    Where is this land located?
    The property is located at 155 Lk Pkwy And Hwy McDonough, GA.
    What are key features of this property?
    This property features: 1-2 acres available for development.; Strong retail synergy with nearby Kroger, Walgreens, Bojangles, Shane's Rib Shack, and Advance Auto Parts.; Excellent location, less than one mile from East Lake Elementary, Union Grove Middle, and Union Grove High schools (3,200+ students).
    (770) 508-3336
    Request Owner's contact information
    155 Lk Pkwy And Hwy McDonough, GA 30252
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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
    155 Lk Pkwy And Hwy McDonough, GA 30252
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