1651 Phoenix Blvd College Park, GA 30349
- Land
- 101,512 SF
- 10.28 lot acres
Current Use by Public Records
- Lisa Andrews, MA / Counselor
- Snook Steven / Counselor / Psychologist
- Caresify / Social Services Organization
- Emma’s place / Non-Profit Organization / Charity
- USDA specialty crops inspection division / Government Office
Property Details for 1651 Phoenix Blvd
- Lot size
- 10.28 lot acres
- Property size
- 101,512 SF
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- College Park
- County
- Clayton
- State
- Georgia
- Longitude
- -84.4436
- Latitude
- 33.6155
