0 - Lot 2 - Atlanta, GA 30313
This exceptional 6.25-acre commercial land parcel in Spalding County, Georgia, is zoned C-1, presenting a remarkable investment opportunity for developers and commercial investors. Ideally situated in Atlanta, near the intersection of Highway 41 S, this property offers high visibility and easy access. The land is currently being subdivided into four lots, with three lots (approximately 2 acres each, with one lot slightly larger at 2.25 acres) available for purchase. Lot 4 is under contract. Its strategic location near a new Veteran's Hospital (approximately 6 miles away) and the Atlanta Motor Speedway (approximately 15 miles away) ensures high traffic and potential for significant returns. The area is experiencing considerable growth, with recent additions like a new Zaxby's restaurant (approximately 2 miles away) and further commercial development underway. The property's zoning allows for a wide range of commercial uses, making it suitable for various businesses, including hotels, fast-food restaurants, supermarkets, and more. The seller is open to a ground lease for up to 40 years or an outright sale, providing flexibility for potential buyers. A survey is available upon request. APN: 231 01012B. Asking price: $1,220,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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