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Property profile & analytics
OFF-MARKET
Commercial land

1626 Lee Rd Lithia Springs, GA 30122-3023

26,625 SF 1.03 ac lot Built 2006
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US22-0581490
Property summary
AI-generated overview

This exceptional 1.03-acre commercial lot presents a prime development opportunity in Lithia Springs, Georgia. Located at 1626 Lee Road, this property boasts unparalleled accessibility, situated just a fifth of a mile from Interstate 20, ensuring high visibility and significant traffic flow. The property's CH (Commercial Highway) zoning allows for a wide array of commercial uses, including retail, office spaces, and various service businesses. Adding to its appeal, the lot is conveniently adjacent to a CubeSmart Self Storage facility, benefiting from the existing commercial activity and established customer base in the immediate vicinity. The generous lot size provides ample space for development, parking, and other necessary commercial infrastructure. With its strategic location, versatile zoning, and proximity to a major interstate, this property represents a rare investment opportunity for developers and entrepreneurs seeking to establish or expand their business in a thriving commercial corridor. The property's APN is 08061820003. The asking price for this exceptional commercial land is $350,000. This is a truly remarkable opportunity to capitalize on a high-traffic location in a rapidly growing area. Don't miss out on this chance to secure a prime piece of commercial real estate in Douglas County, Georgia, zip code 30122.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2006
Construction STEEL FRAME
Total area 26,625 SF
Lot 1.03 ac (44,867 SF)
Zoning code C-H
APN 0806-18-2- -00003
UPID US22-0581490
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michaels Real Estate LLC · 2 yrs held
Michaels Real Estate LLC
since 2023
Last sale
$110,000
7 recorded transactions
2023
Price N/A
2022
$110,000
2016
Price N/A
2014
$5.0M
2012
Price N/A
2005
Price N/A
2005
$331,400
Zoning & alternative use
C-H · Lithia Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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