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Property profile & analytics
FOR SALE
Commercial land

5480 Jonesboro Rd Lake City, GA 30260

0.65 ac lot
Entity Owned 8-yr Hold Free & Clear
Property ID
US22-3435010
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.65 ac (28,445 SF)
Zoning code C
APN 12-176B- C-010
UPID US22-3435010
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nuway Battery INC · 8 yrs held
Nuway Battery INC
since 2018
1 recorded transaction
2018
$20,000
Zoning & alternative use
C · Lake City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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