2803 Hwy 138th E Jonesboro, GA 30236-2801
This exceptional 2.3-acre commercial property in Jonesboro, GA, presents a unique investment opportunity. The 6,400 square foot property boasts a well-maintained home and inviting pool, adding to its versatility. Its prime location and C-4 zoning unlock a wide range of possibilities. Envision a thriving assisted living facility, catering to the area's growing senior population, or a modern medical office complex meeting the increasing demand for healthcare services. The expansive, level lot is also perfectly suited for a mixed-use development, seamlessly blending residential, retail, and office spaces. The existing structures provide a solid foundation for immediate use or potential renovation, while the ample land allows for significant expansion. This property offers unparalleled flexibility and high potential for return on investment. The property's address is 2803 Hwy 138, Jonesboro, GA. Prospective buyers are advised to independently verify zoning regulations with the local authorities and explore potential rezoning options with the city planning department to fully understand the development possibilities. The asking price is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MCD · Jonesboro, GAJonesboro. Always verify with local authorities before improvements.
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.