103 Lake Rd McDonough, GA 30252

Property Details for 103 Lake Rd

Lot size

22.77 lot acres

Property type

Commercial real estate

APN

103 02050000; 103 02051002

Description

This exceptional 22.77-acre commercial land parcel in McDonough, Georgia, presents a remarkable investment opportunity. Located at 103 & 167 East Lake Road, this property boasts approximately 1500 feet of road frontage and is situated at a busy intersection, roughly one mile east of Stockbridge and less than two miles north of McDonough. Currently zoned RA (Residential Agricultural), the site is ideally positioned for medium to high-density residential or commercial development, given its proximity to existing commercial and public/institutional uses. All utilities are readily available, including public water and sewer, with multiple sewer manholes on the site. The topography is mostly level, with approximately 4.3 acres of floodplain, including a 2.5-acre pond, offering potential for attractive development features. The property is conveniently located within the East Lake Elementary, Union Grove Middle, and Union Grove High school districts. Its strategic location offers easy access to Highway 155 (3,600 VPD) and East Lake Road (11,900 VPD), placing it within a 15-mile radius of Atlanta's Perimeter (I-285) and approximately 22 miles from Downtown Atlanta. The site is also within walking distance of a new Kroger (opening in 2024), Chick-fil-A, and other retail and dining establishments. The asking price is $3,300,000, translating to $145,374 per acre. Parcel numbers are 103 02050000 and 103 02051002. This is the last remaining undeveloped quadrant in a largely built-out commercial area.