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    Highway 54 Jonesboro, GA 30238

    For Sale
    $329,000

    Prime 3.2-acre commercial lot in Fayetteville, GA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.2-acre commercial land parcel is strategically located on Hwy 54 E in Fayetteville, Georgia, within Fayette County, and boasts approximately 500 feet of road frontage. Priced at $329,000, this property presents a compelling investment opportunity. The land is zoned residential, offering flexibility for various commercial development possibilities. All utilities are available except sewer, simplifying the development process. This site's high visibility and convenient location make it ideal for a wide range of commercial ventures. Note that three adjacent or nearby tracts are also available, presenting potential for larger-scale development or strategic acquisitions. The property's address is Hwy 54 E, Fayetteville, GA 30238, with GPS coordinates of 33.4953442 latitude and -84.3807836 longitude. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Property Features for 0 Highway 54

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • 3.2‑acre commercial land parcel.
    • Three adjacent tracts also available for potential larger development.
    • Residential zoning, allowing for flexible commercial development.
    • Approximately 500 feet of highway frontage on Hwy 54 E.
    • Priced at $329,000.
    • All utilities available except sewer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Fayette
    State
    Georgia
    Longitude
    -84.3807836
    Latitude
    33.4953442

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    FAQs

    What type of property is this?
    Land - Prime 3.2-acre commercial lot in Fayetteville, GA.
    Where is this land located?
    The property is located at Highway 54 Jonesboro, GA.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: 3.2-acre commercial land parcel.; Three adjacent tracts also available for potential larger development.; Residential zoning, allowing for flexible commercial development.
    (770) 632-4222
    Request Owner's contact information
    Highway 54 Jonesboro, GA 30238
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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
    Highway 54 Jonesboro, GA 30238
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