0 Cp Crk Pkwy And Washington Rd East Point, GA 30344
This exceptional 3.31-acre commercial land parcel presents a lucrative investment opportunity in East Point, Georgia. Strategically located at the southwest corner of Camp Creek Parkway and Washington Road, this C-1 zoned property boasts over 500 feet of frontage on a high-traffic intersection. Camp Creek Parkway, a four-lane divided highway, provides direct access to I-285 and Hartsfield-Jackson Atlanta International Airport, just three miles away. The property benefits from a substantial daily traffic count exceeding 29,900 vehicles on Camp Creek Parkway and 10,000 on Washington Road, serving a population of over 54,000 with an average household income exceeding $50,000. All utilities are readily available. Adding significant value, a billboard lease generates $26,000 in annual rental income, secured through September 2029. The surrounding area features private airport parking lots. The property's Fulton County APN is 14 0225 LL0969. This prime location and existing income stream make this a compelling investment prospect. The asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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