1199 Jonesboro Rd McDonough, GA 30253
Property profile & analytics
1199 Jonesboro Rd McDonough, GA 30253
- Commercial land
- 1,983 SF
- 9.05 lot acres
Property ID
US22-4668032
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 1199 Jonesboro Rd
- Year built
- 1980
- Lot size
- 9.05 lot acres
- Property size
- 1,983 SF
- Zone code
- C2
- Property type
- Commercial land
- APN
- 073-01032000
- APU
- 7301032000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $460,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $400,000
- 6.5%
- $370,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $510,000
Market price range: $203k - $510k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $450,000 Current use
- RETAIL STORES
- $460,000 Change: +1% Conversion: Easy
- AUTO REPAIR, GARAGE
- $410,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mcdonough
- County
- Henry
- State
- Georgia
- Longitude
- -84.1971
- Latitude
- 33.4587
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,575
$543,000
$0.00
$543,000
-
$1,357,500
$0.00
$1,357,500
