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    Highway 85 Riverdale, GA 30274

    For Sale
    $560,000

    1.21 Acres, Hwy 85, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 1.21-acre commercial land parcel presents a significant investment opportunity in Riverdale, Georgia. Located directly off Highway 85, the property boasts exceptional visibility and accessibility, ensuring high traffic volume and potential customer reach. The land is primarily flat and grassy, ready for immediate development. Zoned General Commercial (CG), this versatile site allows for a wide range of commercial uses, including retail, hospitality, office spaces, and various service businesses. The CG zoning permits retail trade, personal services, lodging, recreation, entertainment, wholesaling, warehousing, construction services, transportation services, open lot services, retail stores, restaurants, financial and professional services, garment assembly and distribution, and general service uses. Its strategic location adjacent to a hotel further enhances its appeal and potential for success. The property's address is 0 Highway 85, Riverdale, GA 30274, with APN 13-119D-A-005. The asking price is $560,000. This prime location offers unparalleled potential for commercial development and significant return on investment. Utilities are available.

    Property Features for 0 Highway 85

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • 1.21‑acre commercial land parcel in Riverdale, GA, directly off GA Highway 85.
    • General Commercial (CG) zoning permits diverse uses including retail, hospitality, and office.
    • High visibility and accessibility from highway frontage and proximity to a hotel.
    • Level, grassy land ready for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4101452
    Latitude
    33.5842438

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    FAQs

    What type of property is this?
    Land - 1.21 Acres, Hwy 85, Prime Location
    Where is this land located?
    The property is located at Highway 85 Riverdale, GA.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: 1.21-acre commercial land parcel in Riverdale, GA, directly off GA Highway 85.; General Commercial (CG) zoning permits diverse uses including retail, hospitality, and office.; High visibility and accessibility from highway frontage and proximity to a hotel.
    Request Owner's contact information
    Highway 85 Riverdale, GA 30274
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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 85 Riverdale, GA 30274
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