2762 River Rd Ellenwood, GA 30294
This exceptional 1.3-acre commercial property in Ellenwood, Georgia, presents a compelling investment opportunity. Located at 2762 River Road, this C1-zoned lot boasts an impressive 190 feet of high-visibility corner street frontage, ensuring maximum exposure to high traffic counts. Its strategic location offers excellent access and visibility, making it ideal for a variety of commercial ventures. The property's prime location is further enhanced by its proximity to key transportation arteries, providing convenient access to Atlanta's major business districts and corporate centers. Adding to its appeal is an adjoining .44-acre assemblage opportunity, also zoned C1, with an additional 291 feet of street frontage. This presents a unique chance to expand development potential significantly, creating a larger, more impactful commercial footprint. The combined acreage offers substantial development flexibility. The area is experiencing significant growth, and the property's location near Cedar Grove Elementary and High School adds to its desirability. Nearby attractions include the Atlanta Downtown area, Hartsfield-Jackson Atlanta International Airport, Arabia Mountain National Heritage Area, Stone Mountain Park, and Sugar Creek Golf Course, further enhancing its appeal and potential for attracting customers. This corner lot is particularly well-suited for retail development, given its high visibility and convenient location. The asking price is $1,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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