161 Foster Dr McDonough, GA 30253
- Commercial real estate
- 4.05 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 161 Foster Dr
- Lot size
- 4.05 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.05-acre parcel in McDonough, Georgia, presents a remarkable investment opportunity. Located at 161 Foster Drive, Henry County, this property is zoned RA (Residential-Agricultural) and boasts a future land use designation of HDMU (High Density Mixed Use). Its strategic location offers unparalleled access to major transportation arteries, situated just 0.5 miles from I-75 at Exit 221 (Jonesboro Road), ensuring convenient connectivity throughout the region. The expansive lot size allows for a diverse range of development possibilities, including townhomes, multi-family residential units, medical office buildings, retail spaces, hotels, or self-storage facilities. The property's zoning and future land use designation create a compelling case for significant appreciation and a strong return on investment. This is an exceptional opportunity to acquire a substantial land holding in a rapidly growing area with immense potential for future development. The asking price for this prime commercial and residential land is $1,120,000. The property's address is 161 Foster Dr, McDonough, GA 30253. This is a rare chance to secure a large tract of land with high-density mixed-use potential in a desirable location.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- McDonough
- County
- Henry
- State
- Georgia
- Longitude
- -84.208256
- Latitude
- 33.4664477