Property summary
This exceptional 4.2-acre commercial land parcel, located at 0 Riverside Parkway, #516, Austell, GA 30168, presents a unique development opportunity. Situated in Cobb County, this property boasts a prime location with significant potential. The land, encompassing Land Lots 516, 517 & 585 in the 18th District, 2nd Section, is currently zoned R3 (Planned Residential Development), per a 1995 case. However, the future land use designation is Medium Density Residential, potentially allowing for up to 5 units per acre, subject to rezoning and approval. This translates to a possible 21 units, given the 4.2-acre size. The parcel ID is 1805-16-0-0-110. The total land area is 182,952 square feet, with an asking price of $375,000, resulting in a price per acre of $89,286. This property is located in District 4, under the jurisdiction of Commissioner Monique Sheffield. Investors seeking to develop residential townhomes or similar projects will find this a compelling investment. The property is described as "Common Area" and offers significant upside potential for the right developer. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Resort
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Advertising Agency Marketing & Advertising
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Tour Operator
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Swimming Pool
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Tour Operator
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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