0 Russell Pkwy Forsyth, GA 31029
This exceptional commercial land parcel presents a unique investment opportunity in Forsyth, Georgia. Boasting prime highway business zoning, this property offers unparalleled visibility due to its strategic location off Russell Parkway with frontage on N Lee Street. The asking price is $600,000 per acre. This location benefits from exceptional traffic counts, with 2021 GDOT estimates showing 87,000 vehicles per day (VPD) on I-75 Northbound and 88,900 VPD on I-75 Southbound, along with 11,800 VPD on Cabiniss Road. The site is well-serviced, with water and sewer readily available. A master detention system is also in place. To further enhance the property's appeal, the developer will provide rough grading and construct a drive leading to a storage facility at the rear of the property. This turnkey approach minimizes upfront development costs and accelerates the path to occupancy. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries. The property's size and zoning make it suitable for a variety of commercial uses. Don't miss this chance to secure a prominent location in a rapidly growing area.
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.
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.