0 Jonesboro Rd & Old National Hwy Riverdale, GA 30296
This ±1.54-acre commercial land parcel in South Fulton, Georgia, presents a unique development opportunity. Located at the intersection of Jonesboro Road and Old National Highway (with 21,600 and 23,700 average daily traffic counts, respectively), this property boasts exceptional visibility and accessibility. The C-1 zoning allows for a wide range of commercial uses, including retail, medical, and office space. The elongated lot shape, diagonally facing both major roads, offers flexible development options, such as two single-tenant buildings or a multi-tenant complex. Convenient access is provided via Old National Way. The site benefits from its proximity to the planned South Fulton Police Headquarters and surrounding residential growth. Potential shared access with an adjacent Shell gas station further enhances development potential. This prime location in a thriving market, a bedroom community for Atlanta and Hartsfield-Jackson International Airport employees, makes this a compelling investment at an asking price of $800,000. The property's strategic position and high traffic counts ensure strong potential for return on investment. The zip code is 30296.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.