216 Scott Rd Canton, GA 30115
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.
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
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.