5665 Austell Powder Springs Rd Austell, GA 30106
This 1.381-acre property in Austell, Georgia (30106), offers a unique development opportunity. Located on Austell Powder Springs Road, it boasts high visibility with an average daily traffic count of 9,750 vehicles (as of May 31, 2019). Currently zoned General Commercial (GC), this site falls within Austell's Livable Centers Initiative (LCI) zone, presenting potential for rezoning to accommodate townhomes or other uses aligning with the city's revitalization plans. The property includes an existing 988 sq. ft. building with three bedrooms and one bathroom, offering interim use or redevelopment options. Its proximity to the upcoming Austell Powder Springs Road multi-use trail and the 25-acre Threadmill Complex redevelopment project further enhances its appeal. Adequate sewer and water capacity is available. The seller is open to collaborating with developers on the rezoning process, exploring higher density or alternative uses. This location is ideal for various ventures, including neighborhood-compatible businesses like cafes, boutiques, or professional offices, or a new residential community. The asking price of $305,000 should reflect potential rezoning outcomes. Relevant city zoning documents are accessible online, and a survey is available. Buyers are advised to obtain their own survey for accurate boundary verification. This property presents an exceptional chance to participate in Austell's growth. The year built is 1945.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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