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    6349 Ga-42 Stockbridge, GA 30273

    Sponsored
    For Sale
    $950,000

    Prime Development Land near Atlanta

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 9.4-acre property in Rex, Georgia, presents a remarkable redevelopment opportunity. Located in Clayton County, with the address 6349 GA-42, zip code 30273, this AG-zoned land boasts 875 feet of road frontage and is situated less than half a mile from I-675, offering excellent accessibility. Sewer access is available in close proximity. The property's strategic location directly across from Roberta T. Smith Elementary and Rex Middle School makes it highly attractive for residential or mixed-use developments targeting families. Its proximity to Clayton State University and the Atlanta Motor Speedway further enhances its appeal. The relatively flat terrain, with less than 10 feet of grade change, simplifies development. This prime location offers great visibility and significant potential for substantial returns, making it an ideal investment for developers seeking a high-impact project within a thriving market. The asking price is $950,000. This presents a unique chance to capitalize on the growth and development within the Atlanta metropolitan area.

    Property Features for 6349 Ga-42

    General Information

    Property type
    Land
    Lot Size
    409,464 SF

    HighLights

    • $950,000 asking price for 9.4 acres of land.
    • Residential land zoned AG in Rex, GA.
    • Excellent redevelopment opportunity near schools and I‑675.
    • Features 875 feet of road frontage and sewer access nearby.
    • Relatively flat land with less than a 10‑foot grade change.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stockbridge
    County
    Clayton
    State
    Georgia
    Longitude
    -84.262040606737
    Latitude
    33.568619574915

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    FAQs

    What type of property is this?
    Land - Prime Development Land near Atlanta
    Where is this land located?
    The property is located at 6349 Ga-42 Stockbridge, GA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price for 9.4 acres of land.; Residential land zoned AG in Rex, GA.; Excellent redevelopment opportunity near schools and I-675.
    (770) 992-5112
    Request Owner's contact information
    6349 Ga-42 Stockbridge, GA 30273
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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
    6349 Ga-42 Stockbridge, GA 30273
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