Property profile

120 Handley Rd 100 Tyrone, GA 30290

OFF-MARKET
Commercial land
Property ID
US22-1947513
1 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a bulk sale of five fully developed office pad sites, totaling 0.75 acres, within the established Grove Park Commons Office Center in Tyrone, Georgia. Ideally situated just off Highway 74, this location offers convenient access between Peachtree City and Interstate 85, placing it approximately seven miles from Trilith Studios. The sale encompasses six parcels (five pads plus an entrance parcel): 0727093, 0727105, 0727106, 0727107, 0727108, and 0727104. Each pad is fully developed and ready for immediate construction. A significant advantage is the pre-installed community septic system, eliminating a major upfront cost for developers. Currently, each lot contributes $100 per month to a homeowner's association covering septic maintenance, parking lot upkeep (including lighting), lawn care, and common area/entrance maintenance. It's important to note that this monthly fee is subject to increase upon building construction. Detailed information regarding plats and covenants is available upon request. This presents a unique opportunity to acquire multiple build-ready sites in a prime location, offering strong potential for immediate development and long-term return on investment. The asking price for this entire portfolio is $100,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
Zoning code C OI
APN 0727 093
UPID US22-1947513

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Pediatrician Physician
  • Medical Clinic
  • Physician Medical Clinic
  • Counselor

Location

120 Handley Rd, Unit 100 Tyrone, GA 30290-2177
Tyrone metro Census 140203 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2019
1 recorded transaction
2019
$30,600

Zoning & alternative use

C OI · Tyrone, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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