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Property profile & analytics
OFF-MARKET
Specialty properties

216 Scott Rd Canton, GA 30115

2.53 ac lot Built 1984
Property ID
Property summary
AI-generated overview

This exceptional 2.53-acre property at 216 Scott Road in Canton, Georgia, presents a compelling investment opportunity. Currently zoned R-40, this assemblage of three buildings constructed in 1984 offers significant potential for redevelopment. Its strategic location provides easy access to I-575, Highway 140, and Highway 20, ensuring high visibility and convenient access for potential businesses. The property's proximity to Northside Hospital Cherokee makes it particularly attractive for medical office development, while its location near the Canton Marketplace supports retail ventures. The current zoning, coupled with the commercial zoning of nearby properties, suggests a favorable environment for future commercial projects. The asking price is $975,000. Homes are currently occupied on the property. This is a rare chance to acquire a substantial parcel in a rapidly growing area with strong potential for significant return on investment.

Property profile
Verified
Property type Specialty properties
Year built 1984
Lot 2.53 ac (110,207 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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