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    OFF-MARKET
    Land

    1916 Ga-155, McDonough, GA 30253

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10-acre parcel, located at 1916 GA-155 S in McDonough, Georgia (zip code 30253), presents a compelling investment opportunity. Situated on Highway 155 in Henry County, this property boasts a highly desirable location. The land is zoned RA and features on-site sewer, making it ideal for high-density residential development. Its strategic position offers significant advantages. Across Highway 155 sits the new Luxottica North American Distribution Center, a substantial 200,000 square foot facility on a 10-acre site. South of the property lies over 30,000 square feet of existing retail space, indicating a thriving commercial environment. The Henry County Future Land Use Map, adopted October 30, 2023, designates this site as Urban Residential. The seller is open to participating in rezoning efforts, further enhancing the property's development potential. The asking price is $1,320,000, and seller financing may be available to qualified buyers. The APN is 095-01009000. This is a rare chance to acquire a significant tract of land in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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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    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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