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1916 Ga-155 McDonough, GA 30253

OFF-MARKET Land Google Maps
10 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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