0 Mt Zion Blvd Temple, GA 30179
This exceptional 15.65-acre commercial land parcel presents a remarkable investment opportunity in Morrow, Georgia, situated within the Atlanta MSA. Ideally located just 15 minutes from Hartsfield-Jackson Atlanta International Airport, this property boasts exceptional accessibility and visibility. The site is strategically positioned to benefit from a dense population, with over 60,000 residents within a three-mile radius, and projected population growth of 1.80% through 2028. High traffic counts exceeding 20,000 vehicles daily on Mount Zion Boulevard ensure significant exposure. The property's current zoning is General Business, and sewer access is readily available. A feasibility study projects the potential for approximately 122 units, supported by the successful development of a comparable apartment complex on an adjacent parcel of similar size. Nearby amenities include Clayton State University and Southlake Mall, further enhancing the property's appeal. The asking price is $1,450,000, translating to a land value of $2.13 per square foot. This property is offered subject to buyer verification, with the identification number 12-0108A-00c-002. The property is located at Mount Zion Blvd, Morrow, GA 30179.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.