3590 Highway 42 Locust Grove, GA 30248
Property profile & analytics
3590 Highway 42 Locust Grove, GA 30248
- Commercial real estate
- 3,194 SF
- 1.78 lot acres
Property ID
US22-1054787
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 3590 Highway 42
- Year built
- 1908
- Construction
- WOOD
- Lot size
- 1.78 lot acres
- Property size
- 3,194 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 128-01007000
- APU
- 12801007000
Description
This exceptional commercial property in Locust Grove, Georgia, presents a unique investment opportunity. Located at 3590 Highway 42, this 4.66-acre lot boasts an impressive 974 feet of road frontage, offering unparalleled visibility and accessibility. The property includes three buildings constructed in 1908, providing a solid foundation for a variety of commercial ventures. Its strategic location directly across from the Locust Grove Municipal Complex ensures high traffic volume and a prominent presence within the community. The property is zoned for retail, office, and restaurant uses, making it highly versatile and adaptable to diverse business needs. Its proximity to major thoroughfares, including I-75 and the Tanger Outlet Mall (both within one mile), further enhances its appeal to businesses seeking high visibility and convenient access. All utilities are readily available on-site, simplifying development and operational costs. The asking price for this exceptional property is $3,850,000. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential in a thriving Georgia community. The property's mixed-use zoning (Medical Office and Residential) allows for flexibility in development plans.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $645,000
- 6.5%
- $595,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $971,000
- AI Estimate
- $747,000
Market price range: $339k - $1.01MMarket price range: $355k - $747k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $540,000 Current use
- AUTO REPAIR, GARAGE
- $660,000 Change: +23% Conversion: Difficult
- RETAIL STORES
- $640,000 Change: +19% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $510,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Locust Grove
- County
- Henry
- State
- Georgia
- Longitude
- -84.1148
- Latitude
- 33.3537
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,176
$155,080
$76,120
$231,200
-
$387,700
$190,300
$578,000
