0 Richardson Pkwy Morrow, GA 30236
This exceptional 7.02-acre parcel presents a remarkable investment opportunity in Morrow, Georgia. Located in Clayton County, the property boasts a highly desirable MX zoning, permitting mixed-use development. With approximately 524 feet of frontage on Richardson Parkway, this site offers excellent visibility and accessibility. All utilities are readily available, simplifying development plans. The strategic location is further enhanced by its proximity to a prominent dealership and a planned apartment complex, indicating strong future growth in the area. The property benefits from significant traffic counts, with approximately 24,200 average daily traffic (ADT) on Mt. Zion Boulevard and 140,000 ADT on I-75. Its convenient location, less than one mile from I-75 Exit 231, ensures easy access to major transportation arteries. The asking price is $1,755,000, translating to $250,000 per acre, reflecting the exceptional value and potential of this prime development site. This is an ideal opportunity for developers seeking a strategically located mixed-use property with significant growth potential in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.