11045 Veterans Memorial Hwy Lithia Springs, GA 30122
- Specialty properties
- 11.57 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 11045 Veterans Memorial Hwy
- Year built
- 1962
- Lot size
- 11.57 lot acres
- Property type
- Specialty properties
Description
This exceptional 11.57-acre property located at 11045 Veterans Memorial Highway in Lithia Springs, Georgia, presents a unique investment opportunity. Currently zoned for mobile homes, the land offers significant potential for development as a large-scale mobile home park. Approximately three acres of the property comprise a lake, adding to its natural beauty and appeal. The property includes two existing buildings. One is a two-bedroom, one-bathroom home with a garage, currently generating $900 per month in rental income. The second is a multi-level brick home. The main level features three bedrooms and two full bathrooms. The second level boasts a spacious den with a brick fireplace, while the third level includes a kitchen and is currently rented for $1600 per month. The basement is partially finished, and the property also includes a two-car carport. Recent renovations include fresh interior and exterior paint. Built in 1962, this property offers versatility, potentially suitable for office space or other commercial uses, given its size and location in Douglas County, Georgia, zip code 30122. The asking price is $775,000. This property is an excellent opportunity for investors seeking a high-return potential investment in a rapidly growing area. The existing rental income provides immediate cash flow, while the substantial land size allows for future expansion and development.
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
- Lithia Springs
- County
- Douglas - GA
- State
- Georgia
- Longitude
- -84.6819
- Latitude
- 33.7927
