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Property profile & analytics
OFF-MARKET
Land

0 And Simpson Rd Jonesboro, GA 30238

12.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.05-acre parcel of land presents a unique investment opportunity in Jonesboro, Georgia. Located at the intersection of Highway 54 East and Simpson Road in Fayette County, this property boasts approximately 1,560 feet of highway frontage, providing excellent visibility and accessibility. Currently zoned for residential use, this expansive tract offers significant potential for various development projects. All utilities are available except sewer. The asking price is $903,750. This is a remarkable opportunity for developers seeking a substantial land holding in a desirable location. Note that three adjacent or nearby tracts are also available for purchase, presenting the possibility of acquiring a significantly larger contiguous land area. The property's location in Fayette County, Georgia, offers easy access to major transportation routes and amenities, making it an attractive proposition for both residential and commercial development. The substantial size and prime location of this property make it an ideal candidate for a variety of projects, from residential subdivisions to commercial ventures. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 12.05 ac (524,898 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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