Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1321 Jonesboro Rd Mcdonough, GA 30253-6030
    Back to Search
    Property profile & analytics

    1321 Jonesboro Rd Mcdonough, GA 30253-6030

    View on Map
    • Commercial land
    • 980 SF
    • 10.40 lot acres
    Off-Market
    Last Sale Jan 13, 2022
    $2,500,000
    Property ID
    US22-4658342
    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.
    Value Estimations
    $2,415,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1321 Jonesboro Rd

    Year built
    1960
    Lot size
    10.40 lot acres
    Property size
    980 SF
    Zone code
    C3
    Property type
    Commercial land
    APN
    073-01036000
    APU
    7301036000

    Description

    This exceptional 10-11 acre commercial land parcel presents a remarkable investment opportunity in McDonough, Georgia. Strategically located less than half a mile from Interstate 75, this property boasts significant frontage on two major roads: 896 feet on Jonesboro Road and 538 feet on North Bridges Road. The high-traffic location ensures excellent visibility and accessibility, making it ideal for a variety of commercial developments. Situated approximately 30 minutes from Hartsfield-Jackson Atlanta International Airport, this site benefits from convenient access to a major transportation hub. The area is experiencing significant growth, with new commercial and residential construction underway, indicating a strong and expanding market. Adding to its appeal, a new Park and Ride facility has recently been constructed directly across the street, further enhancing accessibility and attracting potential customers. The property is zoned C3, offering flexibility for various commercial uses. The seller will consider subdividing the land to accommodate specific development plans, providing added flexibility for potential buyers. The property's Henry County APN is 073-01036000. This is a rare opportunity to acquire a prime commercial site in a thriving location. The asking price is $9,000,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,205,000
      ML approach
      $2,445,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mcdonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.2005
    Latitude
    33.46
    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
    $37,230
    $936,000
    $0.00
    $936,000
    -
    $2,340,000
    $0.00
    $2,340,000

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      1065 Henry Pkwy Connector

      VACANT COMMERCIAL LAND • 2.00 Acres
      1065 Henry Pkwy Connector, Mcdonough, GA 30253-6669
      View Details
    • Value Estimation by Request
      0.01 Acres

      Hwy 20th W

      VACANT COMMERCIAL LAND • 0.01 Acres
      Hwy 20th W, Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      0.01 Acres

      Hwy 20th W

      VACANT COMMERCIAL LAND • 0.01 Acres
      Hwy 20th W, Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      0.44 Acres

      Jodeco Rd

      VACANT COMMERCIAL LAND • 0.44 Acres
      Jodeco Rd, Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      0.48 Acres

      Mcdonough, GA 30253

      VACANT COMMERCIAL LAND • 0.48 Acres
      Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      0.19 Acres

      Mcdonough, GA 30253

      VACANT COMMERCIAL LAND • 0.19 Acres
      Mcdonough, GA 30253
      View Details

    Similar Nearby for Sale

    • $981,649
      2.01 Acres

      Prime McDonough Parkway Commercial Land

      2.01 acres in a high-growth corridor, ideal for development.
      Mcdonough Pkwy, McDonough, GA 30253
      View Details
    • $197,000

      Commercial Lots in McDonough, GA

      Two commercial lots available in McDonough, Georgia.
      1360 South Zack Hinton Pkwy, McDonough, GA 30253
      View Details
    • $212,000
      576 SF

      Downtown McDonough Commercial Building Lot

      High-traffic commercial lot near McDonough Square, suitable for various businesses.
      92 Atlanta St, McDonough, GA 30253
      View Details
    • $499,999
      1.75 Acres

      Commercial Land in McDonough, GA

      1.745-acre commercial land parcel in a high-growth area.
      3788 Jodeco Rd, McDonough, GA 30253
      View Details
    • $339,900

      Developed Land Parcel on Avalon

      1.21+/- acre commercial land parcel in McDonough, GA.
      2050 Ac, McDonough, GA 30253
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land for Truck Storage

      4.3 acres for truck, equipment, or industrial outdoor storage.
      100 Industrial Blvd, McDonough, GA 30253
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Outparcel available for ground lease adjacent to major retailers.
      1570 Highway 20 W, McDonough, GA 30253
      View Details
    • Contact for pricing

      Prime Retail Land in McDonough

      5.17 acres in retail corridor near I-75.
      300 Highway 81, McDonough, GA 30253
      View Details
    • Contact for pricing

      Retail Space Near I-75

      Retail space for lease anchored by Publix in McDonough, GA.
      2142 Highway 20 W, McDonough, GA 30253
      View Details
    • $750 /Mo

      Upscale Office Space in McDonough

      Single office space with shared amenities in downtown McDonough.
      23 Hampton St, McDonough, GA 30253
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1321 Jonesboro Rd
    Mcdonough, GA 30253-6030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1321 Jonesboro Rd, Mcdonough, GA, 30253
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!