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    Property profile & analytics
    FOR SALE
    Commercial land

    3550 N Desert Dr, East Point, GA 30344

    0.77 ac lot
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-3939339
    Property summary
    AI-generated overview

    Exceptional opportunity to develop a 110-room hotel on a 1.76-acre site in East Point, Georgia, just four miles from Hartsfield-Jackson Atlanta International Airport. This prime location boasts high traffic counts due to its proximity to I-285 and Camp Creek Parkway, a major roadway leading directly to the airport. The property, situated at the corner of North Desert Drive and Camp Creek Parkway, offers excellent visibility from a hilltop position. All necessary approvals are in place, including Fulton County permits and WoodSpring Suites corporate approval for a 48,000-square-foot, four-story hotel. Comprehensive project plans are included in the sale, encompassing site development plans, perc test results, engineering and architectural drawings, and all relevant county approval documents. While initially planned as a WoodSpring Suites, the approvals extend to any hotel brand, providing flexibility and maximizing investment potential. This turnkey opportunity includes the land, complete development plans, permits, and all associated documentation. The seller is highly motivated and actively reviewing offers. Don't miss this chance to capitalize on the thriving Atlanta hospitality market.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.77 ac (33,541 SF)
    Zoning code C1
    APN 14 0225 LL2296
    UPID US22-3939339
    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
    $1.52M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.50M
    Owner & transaction history
    Vanraj Real Estate LLC · 6 yrs held
    Vanraj Real Estate LLC
    since 2020
    Last sale
    $1.5M
    3 recorded transactions
    2020
    $1.5M
    2020
    $1.4M
    2017
    Zoning & alternative use
    C1 · East Point, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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