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    1113 Forest Pkwy Forest Park, GA 30297

    For Sale
    $199,000

    1.41 Acres, C-3 Zoning, $199,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.41-acre commercial land parcel presents a unique investment opportunity in the thriving Forest Park, Georgia market. Located at the highly visible corner of Forest Parkway and Bartlett Drive, this property boasts a prime location with excellent visibility and accessibility. The land is zoned C-3, allowing for a wide range of commercial development possibilities, making it ideal for entrepreneurs and investors seeking to establish a new business or expand an existing one. The gently rolling terrain is mostly wooded, offering a natural and attractive setting for future development. With its strategic location and versatile zoning, this property offers significant potential for substantial return on investment. The 1.41-acre lot provides ample space for a variety of commercial projects, from retail establishments and restaurants to office buildings and light industrial uses. The address is 1113 Forest Parkway, Forest Park, GA 30297, within Clayton County. This is a rare opportunity to acquire a sizable commercial lot in a rapidly growing area. The asking price is $199,000. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss out on this chance to secure a prime piece of commercial real estate in a desirable location.

    Property Features for 1113 Forest Pkwy

    General Information

    Property type
    Land
    Lot Size
    61,420 SF

    HighLights

    • $199,000 asking price.
    • 1.41‑acre commercial land parcel.
    • Located at 1113 Forest Pkwy, Forest Park, GA 30297.
    • C‑3 zoning.
    • Wooded lot with gentle rolling terrain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.354038
    Latitude
    33.616327

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    FAQs

    What type of property is this?
    Land - 1.41 Acres, C-3 Zoning, $199,000
    Where is this land located?
    The property is located at 1113 Forest Pkwy Forest Park, GA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price.; 1.41-acre commercial land parcel.; Located at 1113 Forest Pkwy, Forest Park, GA 30297.
    (770) 447-5959
    Request Owner's contact information
    1113 Forest Pkwy Forest Park, GA 30297
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    Forest Park, GA 30297
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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
    1113 Forest Pkwy Forest Park, GA 30297
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