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Property profile & analytics
OFF-MARKET
Land

2203 Ga-155 McDonough, GA 30252

22.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22.74-acre commercial land parcel in McDonough, Georgia, presents a remarkable mixed-use development opportunity. Zoned C-2, it allows for a wide array of retail and service uses, making it ideal for a neighborhood shopping center or medical office campus. Boasting over 1,600 feet of frontage along Highway 155, it benefits from high traffic counts exceeding 19,200 vehicles daily and is situated less than 400 feet from the key intersection of East Lake Road and Highway 155. Its strategic location offers easy access to I-75 (less than 5 miles away), placing it within a thriving area experiencing significant growth in both retail and residential sectors. The property's proximity to Union Grove High School, Middle School, and East Lake Elementary School further enhances its appeal. Priced at $4,500,000 ($197,890/acre), this property represents a compelling investment in a rapidly expanding market. The high visibility and convenient location make this an exceptional opportunity for developers seeking a prime location for a variety of commercial ventures.

Property profile
Verified
Property type Land
Lot 22.74 ac (990,554 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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