0 39.01 Acres McDonough, GA 30253
This exceptional 39.01-acre parcel of land, located on Highway 42 North in McDonough, Georgia (zip code 30253), presents a unique investment opportunity. The property boasts a highly desirable location, offering convenient access to Interstate 75 via the Hudson Bridge Road exit (Exit 224), just 3.5 miles away. High daily traffic counts of 17,200+ vehicles further enhance its commercial viability. The land is comprised of four lots, offering flexibility for various development scenarios. A significant portion (approximately 27 acres) is zoned R-3, allowing for residential development, with the potential for rezoning to industrial use, aligning with the future land use designation. This area is already entitled for 69 residential lots. Additionally, approximately 1.45 to 8.36 acres are zoned C-2, providing options for commercial development and allowing for potential subdivision. The property features all necessary utilities, including sewer access. The land itself is characterized by a previously rough-graded, level topography, simplifying development processes. This prime location, combined with its versatile zoning and infrastructure, makes this a compelling investment opportunity for developers seeking a large-scale project in a rapidly growing area. The asking price for this exceptional property is $4,902,400.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.