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    Mixed-use properties

    957 Georgia 42, McDonough, GA 30253

    13 ac lot Built 1945
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property in McDonough, Georgia, presents a lucrative investment opportunity. Situated on a sprawling 13-acre lot, this offering includes two separate buildings: a single-family residence boasting two bedrooms, two full baths, and a loft; and a duplex featuring two two-bedroom, one-bathroom units, each with a partial basement. Both residential units are currently occupied by long-term tenants, generating consistent rental income. The property also features a substantial detached garage/workshop complete with power, adding further versatility. With nearly 1000 feet of road frontage on Georgia Highway 42, this location offers excellent visibility and convenient access. The property's ample land provides significant potential for future development, such as a small apartment complex or active adult community. Its proximity to the McDonough Square (less than 3 miles) enhances its appeal and accessibility. The asking price is $1,725,000. Built in 1945, this property offers a blend of established income and exciting expansion possibilities. Serious inquiries only; please schedule a viewing appointment to learn more about rental lease terms and parking instructions. Please respect the privacy of current tenants and refrain from disturbing them.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1945
    Lot 13 ac (566,280 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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