1705 Iris Dr Conyers, GA 30013
This exceptional 76-acre property in Conyers, Georgia, presents a significant commercial development opportunity. Located in Rockdale County, the land boasts prime road frontage along I-20, ensuring unparalleled visibility and accessibility. Currently zoned R1, this versatile site offers a multitude of potential uses, including single-family and multi-family residential development, office space, or even sports and entertainment venues. The property comprises three parcels and is strategically positioned near major retailers such as Home Depot, Walmart, and Floor & Decor, benefiting from high traffic volume and established commercial infrastructure. Rockdale County's robust economic growth and projected 30% population increase by 2050, coupled with household incomes exceeding the state average by 21%, further enhance the investment potential. This location offers a unique blend of accessibility, visibility, and growth potential, making it an ideal investment for discerning developers and businesses seeking a prime location in a thriving market. The asking price is $17,000,000.
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
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.