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Property profile & analytics
OFF-MARKET
Land

8063 Ga-85 Riverdale, GA 30274

1.6 ac lot
Property ID
Property summary
AI-generated overview

This 1.6-acre commercial land parcel presents a compelling development opportunity in Riverdale, Georgia. Located at 8063 GA-85, Clayton County, zip code 30274, this property boasts exceptional visibility with an average daily traffic count of 34,700 vehicles. The site is zoned MX, allowing for a variety of development options. Its strategic location off Highway 85 and Warren Drive benefits from the ongoing expansion of Highway 85 to six lanes, further enhancing accessibility and visibility. Adding to its appeal, a new retail/convenience store development is under construction across the street, slated to open in the fourth quarter of 2024. Furthermore, a 75+ townhome community by DRB Homes is currently under construction, with completion expected in 2025. This synergistic development environment creates a strong foundation for future growth and investment potential. The property's size and zoning, combined with its high-traffic location and proximity to new developments, make it an ideal site for a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1.6 ac (69,696 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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