1590 Highway 138 Conyers, GA 30094
This 7.25-acre property at 1590 Highway 138 SW, Conyers, GA 30094, offers exceptional versatility. Currently featuring a 1984-built office building and residential components, this property presents immense potential for various uses. The seller is willing to assist with rezoning for commercial purposes, and a plan for 32 townhomes is available. Boasting 606 feet of road frontage, the land includes all utilities (sewer, water, electricity). Its prime location in a rapidly growing area, just 1.5 miles from a new development on GA-20, provides high visibility and accessibility. Nearby amenities include Publix, Target, Lowe's, and more. The property's proximity to I-20 ensures easy commutes to Atlanta, Lithonia, Conyers, and Covington. This is an ideal opportunity for builders, developers, businesses, or anyone seeking a substantial estate lot. The asking price is $999,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.