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Property profile & analytics
OFF-MARKET
Land

1651 Phoenix Blvd College Park, GA 30349

101,512 SF 10.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 10.281 acres of commercial land in College Park, Georgia, encompassing a 12-building office park totaling 101,512 square feet. Currently operating at 29% occupancy, this property offers significant upside potential through lease-up of the existing 14 units. Strategically located on Phoenix Blvd, the park enjoys direct frontage on I-285, boasting 178,000 daily vehicle passes, and provides easy access to I-85 and I-75. Its proximity to Hartsfield-Jackson Atlanta International Airport further enhances its desirability. The property is zoned BP (Business Park) and includes all utilities, simplifying redevelopment. While currently configured as single-story office buildings, the site's exceptional location and access make it ideal for conversion to industrial or distribution uses. Note that several buildings require capital improvements, including roof repairs and renovations to building 1591 following a fire. The asking price is $6,000,000. This unique offering presents a compelling covered land play with substantial long-term growth potential. The property has been owned by the same family for decades and is now available for purchase for the first time.

Property profile
Verified
Property type Land
Total area 101,512 SF
Lot 10.28 ac (447,840 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
AI Approach AI
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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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