5480 Jonesboro Rd Lake City, GA 30260
For Sale
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This exceptional 7.5-acre commercial property located at 5480 Jonesboro Road in Morrow, Georgia (zip code 30260), presents a unique investment opportunity. The site boasts four existing buildings totaling over 19,000 square feet of retail space, situated on a highly visible corner with frontage on Jonesboro Road. The property benefits from three separate entrances, ensuring convenient access for customers. All utilities, including water, are readily available. The current zoning is GB, but the owner is willing to sell subject to rezoning, opening up exciting possibilities for future development. With an impressive average annual daily traffic count exceeding 23,100 vehicles, this location offers unparalleled exposure. The substantial lot size allows for potential expansion, adding further acreage to the existing 7.5 acres. This property is ideal for investors seeking a redevelopment project with significant upside potential in a high-traffic area. The existing buildings provide immediate income potential while the land offers substantial long-term growth opportunities. Serious inquiries are encouraged.
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
C · Lake City, GALake City. 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.