3684 Highway 5 Douglasville, GA 30135

Property Details for 3684 Highway 5

Year built

1966

Lot size

49.62 lot acres

Property type

Commercial real estate

Description

This exceptional 49.62-acre mixed-use property in Douglasville, Georgia, presents a compelling investment opportunity. Located at 3684 Highway 5, this expansive parcel includes five existing buildings constructed in 1966, offering immediate potential for redevelopment or repurposing. The property is part of a larger 100-acre assemblage pre-approved for an indoor water park by a Douglas County commissioner, significantly enhancing its future development prospects. Conveniently situated just outside Douglasville, the completed assemblage will boast four access points. While a power easement renders approximately 10 acres undevelopable, and a creek necessitates a buffer zone, this buffer could ideally become a pedestrian walkway or service road. The property also benefits from sewer line access via a neighboring easement. The sale includes two parcels: a 48.612-acre tract (Parcel ID 00990250188, Plat Book/Page 1122/470) and a 1.01-acre parcel with a 1966-built house (Parcel ID 00990250136, Plat Book/Page 2899/4392). The asking price is $5,500,001. The property is sold "as-is" with no seller's disclosure statement. No signage is permitted on the property. This is a unique chance to acquire a substantial land holding with significant development potential in a rapidly growing area. The property's location and pre-approval for a water park make it an attractive investment for developers and investors seeking high-return opportunities. Further information regarding the adjacent 3692 Highway 5 property is available upon request.