Current Use by Public Records
- Land
Property Details for 0 Derrick Rd
- Lot size
- 26.33 lot acres
- Property type
- Land
Description
This exceptional 26.33-acre commercial and residential land parcel in Fulton County, Georgia, presents a unique mixed-use development opportunity. Located at the northwest intersection of Derrick Road and South Fulton Parkway in Union City, this property boasts 2,482+/- feet of frontage on South Fulton Parkway and 208+/- feet on Derrick Road, ensuring high visibility and accessibility. The Town Center Mixed Use (TCMU) zoning allows for a wide range of development options. The site features rolling topography and access to all utilities, including sewer. Its strategic location offers easy access to Hartsfield-Jackson International Airport (less than 15 minutes away) and the Aerotropolis Atlanta, placing it within a thriving business district. High daily traffic counts on South Fulton Parkway (36,000 cars eastbound and 21,800 cars westbound) further enhance its appeal. A comprehensive due diligence file, including a survey, Phase 1 environmental report, and seismic study, is available. The proximity to the Walmart Distribution Center and Majestic Airport Center adds to the property's investment potential. This offering presents a rare chance to capitalize on the growth and demand in this prime South Fulton location. The property's APN is 09F320101460290. The asking price is $7,110,000. A proposed development plan suggests the potential for 316 apartment units, at an estimated cost of $22,500 per unit.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.587
- Latitude
- 33.6248
