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    Mcdonough Pkwy McDonough, GA 30253

    For Sale
    $1,100,000

    1.5-acre commercial lot, prime McDonough location. For sale by owner.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the thriving city of McDonough, Georgia. Located on McDonough Pkwy, this property boasts a highly desirable address with excellent visibility and accessibility. The asking price is $1,100,000, translating to $733,333 per acre, reflecting the significant value of this strategically positioned land. The property's APN is 07601002036. The sale is being conducted directly by the owner, offering a streamlined transaction process. Given its size and location, this lot is ideally suited for a variety of commercial developments, making it an attractive prospect for both established businesses and ambitious entrepreneurs. The property is currently vacant, providing a blank canvas for your vision. This prime commercial land offers significant potential for growth and return on investment in a rapidly developing area of Henry County. The property is available for immediate purchase. The lease expiration date of May 8, 2023, is not applicable as the property is vacant land.

    Property Features for 0 Mcdonough Pkwy

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.1M asking price for land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1656451
    Latitude
    33.4546376

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    FAQs

    What type of property is this?
    Land - 1.5-acre commercial lot, prime McDonough location. For sale by owner.
    Where is this land located?
    The property is located at Mcdonough Pkwy McDonough, GA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1.1M asking price for land parcel.; ;
    Request Owner's contact information
    Mcdonough Pkwy McDonough, GA 30253
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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
    Mcdonough Pkwy McDonough, GA 30253
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