1199 Jonesboro Rd Mcdonough, GA 30253-6030
This exceptional 13+/- acre commercial land parcel presents a remarkable investment opportunity in McDonough, Georgia. Located at 1199 Jonesboro Rd, this fee-simple property boasts a prime pin corner location at a traffic signal, ensuring exceptional visibility and accessibility. The C2 zoning allows for a wide range of commercial development options. Situated less than one mile from Interstate 75 (with approximately 145,000 ADT) and conveniently close to the Metro Express Lane entrance/exit, this site benefits from unparalleled connectivity. On-site sanitary sewer is already available, simplifying development. The gentle, flat topography makes construction straightforward. This rapidly growing area shows significant commercial and residential expansion, with a projected population increase exceeding 6% annually within a one-mile radius. Average household income within one mile surpasses $102,000, and median home values exceed $290,000. The property's strategic location near the super-regional Henry Town Center (featuring major retailers like Target and Home Depot) and Henry Marketplace further enhances its value. The proposed Bridges at Jodeco mixed-use development, just one exit north, adds to the area's future growth potential. Jonesboro Road boasts approximately 33,000 ADT. Across the street sits a new 342-unit apartment complex, providing a substantial residential base. The property's APN is 073-01032000. The asking price is $12,489,995. Additional adjacent land may also be available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Mcdonough, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.