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    284 Cleveland Rd Bogart, GA 30622

    For Sale
    $1,092,500

    Two prime commercial lots near Georgia Square Mall.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional offering presents two adjacent corner lots totaling 4.37 acres, ideally situated for commercial development. Located in Bogart, Georgia, on Cleveland Rd at the intersection of Marilyn Farmer Way, this property enjoys a high-traffic location on the access road to the Georgia Square Mall redevelopment. The lots are zoned C-O (Commercial-Office) and benefit from all available utilities. A creek runs along the rear of both lots, adding a natural element to the landscape. These lots are uniquely positioned within a newly established Tax Allocation District (TAD) in Clarke County, offering potential tax advantages. The property's proximity to the Georgia Square Mall, the new ACC Cooperative Extension, and a new fire station ensures high visibility and accessibility. The lots are wooded and can be sold individually, providing flexibility for various development scenarios. This prime location, combined with the advantageous zoning and TAD designation, presents a compelling opportunity for investors and developers seeking a strategic foothold in a rapidly growing area. The address is 284 Cleveland Rd, Bogart, GA 30622. The asking price is $1,092,500.

    Property Features for 284 Cleveland Rd

    General Information

    Property type
    Land
    Lot Size
    190,357 SF

    HighLights

    • $1,092,500 asking price.
    • 4.37‑acre commercial land parcel.
    • C‑O zoning.
    • High‑traffic location near Georgia Square Mall.
    • Located in a newly established Tax Allocation District (TAD).
    • All utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bogart
    County
    Clarke
    State
    Georgia
    Longitude
    -83.4730776
    Latitude
    33.9454127

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    FAQs

    What type of property is this?
    Land - Two prime commercial lots near Georgia Square Mall.
    Where is this land located?
    The property is located at 284 Cleveland Rd Bogart, GA.
    What is the asking price?
    The asking price for this property is $1,092,500.
    What are key features of this property?
    This property features: $1,092,500 asking price.; 4.37-acre commercial land parcel.; C-O zoning.
    (706) 548-9300
    Request Owner's contact information
    284 Cleveland Rd Bogart, GA 30622
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    Bogart, GA 30622
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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
    284 Cleveland Rd Bogart, GA 30622
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