3684 Ga-5 Douglasville, GA 30135
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 3684 Ga-5
- Year built
- 1966
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 49.62-acre commercial land parcel presents a unique investment opportunity in Douglasville, Georgia. Part of a larger 100-acre assemblage, this property boasts pre-approval for an indoor water park from a Douglas County Commissioner. Strategically located just outside Douglasville, the site offers convenient access with four planned access points upon assemblage completion. Existing infrastructure includes a nearby sewer line with an easement/access point, ensuring efficient utility connections. While a power easement renders slightly over 10 acres undevelopable, and a creek necessitates a buffer zone, this buffer could be incorporated into a pedestrian walkway or service road. The majority of the land is cleared and easily accessible. The property includes two parcels: 48.612 acres (Parcel ID 00990250188, Plat Book/Page 1122/470) at 3684 Highway 5, and a 1.01-acre parcel (Parcel ID 00990250136, Plat Book/Page 2899/439) with a 1966-built house at 3688 Highway 5. The asking price is $5,500,000. The property is being sold "as-is" with no seller's disclosure statement. This prime location, coupled with its pre-approved development potential, makes it an ideal investment for developers seeking a high-impact project. The property is currently occupied.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Douglasville
- County
- Douglas
- State
- Georgia
- Longitude
- -84.7759
- Latitude
- 33.7035
