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    1800 Highway 20 McDonough, GA 30253

    For Sale
    $1,600,000

    Prime 2.05-acre corner lot, Hwy 20

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.05-acre parcel presents a remarkable opportunity for retail development in McDonough, Georgia. Located at 1800 Hwy 20 West, this fee-simple property boasts a prime corner location offering exceptional visibility and accessibility. The site is zoned C-2, allowing for a variety of retail uses. Its strategic position along Highway 20, a major thoroughfare, ensures high traffic volume and significant exposure to potential customers. Furthermore, its proximity to Interstate 75 (approximately one mile west) provides convenient access to a wider regional market. The land is priced at $1,600,000, translating to $800,000 per acre, reflecting its premium location and development potential within this rapidly expanding market. The property's APN is 076-01002034. This is an ideal opportunity for investors seeking a high-impact retail development site in a thriving area. The property is suitable for ground lease arrangements. The site is situated on the "going home" side of the highway, offering optimal visibility to westbound traffic. This presents a unique opportunity to capitalize on the high volume of traffic traveling this heavily trafficked route.

    Property Features for 1800 Highway 20

    General Information

    Property type
    Land
    Lot Size
    89,298 SF

    HighLights

    • High‑traffic location on a major thoroughfare.
    • Prime corner lot one mile west of I‑75 in a rapidly expanding market.
    • Ground lease opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.196267122487
    Latitude
    33.414477591058

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    FAQs

    What type of property is this?
    Land - Prime 2.05-acre corner lot, Hwy 20
    Where is this land located?
    The property is located at 1800 Highway 20 McDonough, GA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: High-traffic location on a major thoroughfare.; Prime corner lot one mile west of I-75 in a rapidly expanding market.; Ground lease opportunity.
    Request Owner's contact information
    1800 Highway 20 McDonough, GA 30253
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    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
    1800 Highway 20 McDonough, GA 30253
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