0 Hwy 54 & Simpson Rd Jonesboro, GA 30238
This exceptional 11.83-acre property presents a unique investment opportunity in Jonesboro, Georgia. Located at the intersection of Highway 54 and Simpson Road in Fayette County, this expansive tract boasts approximately 729 feet of Highway 54 road frontage, offering significant visibility and accessibility. Currently zoned for residential use, the land presents versatile development potential. All utilities are available except sewer. The asking price for this substantial parcel is $887,250. This is an excellent opportunity for developers or investors seeking a large tract of land in a desirable location. Note that three adjacent or nearby tracts are also available for purchase, potentially allowing for the acquisition of a significantly larger contiguous land holding. The property's location in Fayette County, Georgia, provides easy access to major transportation routes and amenities. The 30238 zip code offers a strong residential market, making this land ideal for various residential development projects. Serious inquiries are encouraged to explore the full potential of this remarkable property.
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
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.