1209 Iris Lake Rd McDonough, GA 30252
This exceptional 67.69± acre property in McDonough, Georgia (Henry County, zip code 30252, located at 1209 Iris Lake Rd) presents a unique investment opportunity. Currently operating as an established RV park with existing rental income, this property boasts a private 22± acre lake, providing significant potential for expansion and development. The land is zoned RA and utilities are readily available, making it ideal for various hospitality ventures. The expansive acreage offers ample room for future growth, including the development of a lakefront community. This "as is" offering is priced below market value and eliminates any zoning contingencies, presenting a compelling opportunity for immediate acquisition and development. The property's location in Henry County, Georgia, offers convenient access to major transportation routes and amenities. This is a rare chance to acquire a substantial, income-generating property with significant upside potential in a desirable location. The existing infrastructure and established rental income stream provide a solid foundation for immediate returns and future expansion. Don't miss this chance to own a thriving business with substantial growth potential.
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
Similar Nearby for Lease
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.