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    Jonesboro Rd & Old National Hwy Riverdale, GA 30296

    Sponsored
    For Sale
    $800,000

    High-traffic, C-1 zoned land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±1.54-acre commercial land parcel in South Fulton, Georgia, presents a unique development opportunity. Located at the intersection of Jonesboro Road and Old National Highway (with 21,600 and 23,700 average daily traffic counts, respectively), this property boasts exceptional visibility and accessibility. The C-1 zoning allows for a wide range of commercial uses, including retail, medical, and office space. The elongated lot shape, diagonally facing both major roads, offers flexible development options, such as two single-tenant buildings or a multi-tenant complex. Convenient access is provided via Old National Way. The site benefits from its proximity to the planned South Fulton Police Headquarters and surrounding residential growth. Potential shared access with an adjacent Shell gas station further enhances development potential. This prime location in a thriving market, a bedroom community for Atlanta and Hartsfield-Jackson International Airport employees, makes this a compelling investment at an asking price of $800,000. The property's strategic position and high traffic counts ensure strong potential for return on investment. The zip code is 30296.

    Property Features for 0 Jonesboro Rd & Old National Hwy

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    HighLights

    • High‑visibility property in a thriving Atlanta bedroom community, offering convenient access and flexible development potential.
    • Prime location ideal for developers, catering to the Atlanta and Hartsfield‑Jackson airport employee market.
    • Exceptional visibility and convenient access.
    • Flexible development options for developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverdale
    County
    Fulton
    State
    Georgia
    Longitude
    -84.466187021114
    Latitude
    33.552166454133

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    FAQs

    What type of property is this?
    Land - High-traffic, C-1 zoned land.
    Where is this land located?
    The property is located at Jonesboro Rd & Old National Hwy Riverdale, GA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: High-visibility property in a thriving Atlanta bedroom community, offering convenient access and flexible development potential.; Prime location ideal for developers, catering to the Atlanta and Hartsfield-Jackson airport employee market.; Exceptional visibility and convenient access.
    (770) 913-3946
    Request Owner's contact information
    Jonesboro Rd & Old National Hwy Riverdale, GA 30296
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    Riverdale, GA 30296
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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
    Jonesboro Rd & Old National Hwy Riverdale, GA 30296
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