0 Butner Rd College Park, GA 30349
This exceptional 70.52-acre commercial land parcel presents a unique investment opportunity in Atlanta's thriving South Fulton County. Strategically located near Camp Creek Parkway and South Fulton Parkway, this property boasts convenient access to major thoroughfares and amenities. Its proximity to Hartsfield-Jackson International Airport (less than 7 miles) provides unparalleled connectivity to a significant workforce of over 63,000 employees. Situated in a high-demand area, South Fulton County ranks third in the Metro Atlanta MSA for new home closings, indicating strong market growth. Currently, there's a 32.6-month supply of vacant developed lots in the area, highlighting the scarcity of available land. The property is zoned primarily R2A, allowing for 27,000 square foot lots, and features road frontage on Butner Road and Stonewall Tell Road. Adding to its appeal is a 2.5-acre lake situated near the rear of the property. The location within the Westlake High School district further enhances its desirability, given the area's high average home prices ($472,000 in 2023) and strong new home sales (185 detached homes). While sewer access is available north of the property, an easement through the Vineyard at Butner HOA is required. Offered at $4,000,000 ($56,721/acre), this property represents a compelling investment in a rapidly growing market.
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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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.