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    00 Ga-85 Riverdale, GA 30274

    For Sale
    $850,000

    0.87 Acres, Hwy 85, $850K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.87-acre commercial land parcel presents a lucrative investment opportunity in Riverdale, Georgia. Strategically located on the heavily trafficked four-lane Highway 85, this undeveloped property boasts high visibility and significant potential for development. The property is zoned GC by the City of Riverdale, opening doors to a variety of commercial uses. A key advantage is the existing double-sided billboard, generating a consistent monthly income of approximately $850. This income stream provides immediate return on investment while allowing for future development plans. The property's prime location on Highway 85 ensures substantial exposure to a large volume of daily traffic, making it ideal for businesses seeking maximum visibility. With its convenient access to major roadways and a thriving community, this land offers a unique blend of immediate income and long-term growth potential. The 30274 zip code offers easy access to a diverse population base. This is a rare opportunity to acquire a high-traffic commercial property in a rapidly growing area. The asking price is $850,000. Serious inquiries only.

    Property Features for 00 Ga-85

    General Information

    Property type
    Land
    Lot Size
    37,897 SF

    HighLights

    • 0.87‑acre commercial land parcel in Riverdale, GA, on heavily trafficked Highway 85.
    • GC zoning allows for diverse commercial uses.
    • Existing double‑sided billboard generates ~$850/month in income.
    • High visibility due to Highway 85 location.
    • Asking price: $850,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.413502
    Latitude
    33.5603

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    FAQs

    What type of property is this?
    Land - 0.87 Acres, Hwy 85, $850K
    Where is this land located?
    The property is located at 00 Ga-85 Riverdale, GA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 0.87-acre commercial land parcel in Riverdale, GA, on heavily trafficked Highway 85.; GC zoning allows for diverse commercial uses.; Existing double-sided billboard generates ~$850/month in income.
    (770) 447-5959
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    00 Ga-85 Riverdale, GA 30274
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    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
    00 Ga-85 Riverdale, GA 30274
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