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1199 Jonesboro Rd - 13+ Prime Commercial Acres

13.05 Acres of Commercial Land Offered at $12,489,992 in Mcdonough, GA 30253

Investment Highlights

  • $102,000+ Avg Household Income within 1 Mile | Strong household incomes with median values exceeding $290,000
  • Across from 342-Unit Apartment Complex | The property sits in front of the brand new Oak Grove Vista McDonough
  • Robust Average Daily Traffic | Average daily traffic on Jonesboro Road is about $33,000 ADT and about $145,000 ADT on I-75.
  • Projected 34.85% Pop Growth Over Next 5 Years | The population is expected to grow over 6% annually by 2028 within a 1-mile radius
  • Massive Residential Growth Pocket | Plethora of subdivisions and multifamily under development and proposed in the surrounding area
  • Additional adjacent land available | There is additional 10+/- acres available adjacent to the property. Please inquire from the Broker.

Executive Summary

BBCR is pleased to offer for sale a prime 13/- acres of commercial land in the highly sought-after McDonough submarket. The Pin-Corner parcel is situated less than one mile from Interstate 75 and has sanitary sewer on site.
McDonough is one of the fastest growing areas in the Atlanta metro area with a plethora of residential, commercial and industrial under development, proposed and planned. Within 1-mile from the Property, the Average Household Income is over $102,000 and the population is expected to grow over 6% annually.
The Property is ideally located near the super-regional Henry Town Center (Home Depot, Target, Belk, HomeGoods, Michaels, Old Navy) and Henry Marketplace (Floor & Décor, Sam’s Club, Dick’s Sporting Goods, McDonalds’s. Chick-fil-A, Hotels, etc.) One exit north of the site is the proposed mixed-use Bridges at Jodeco which includes Costco, Sprouts, Chick-fil-A, Starbucks, First Watch and more.

Property Facts

Price $12,489,992
Sale Type Investment
Sale Conditions
Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
Total Lot Size 13.05 AC

1 Lot Available

Lot 1

Price $12,489,992
Price Per AC $957,087.51
Lot Size 13.05 AC

BBCR is pleased to offer for sale a prime 13+/- acres of commercial land in the highly sought-after McDonough submarket. The Pin-Corner parcel is situated less than one mile from Interstate 75 and has sanitary sewer on site.

Description

BBCR is pleased to offer for sale a prime 13+/- acres of commercial land in the highly sought-after McDonough submarket. The Pin-Corner parcel is situated less than one mile from Interstate 75 and has sanitary sewer on site. McDonough is one of the fastest growing areas in the Atlanta metro area with a plethora of residential, commercial and industrial under development, proposed and planned. Within 1-mile from the Property, the Average Household Income is over $102,000 and the population is expected to grow over 6% annually. The Property is ideally located near the super-regional Henry Town Center (Home Depot, Target, Belk, HomeGoods, Michaels, Old Navy) and Henry Marketplace (Floor & Décor, Sam’s Club, Dick’s Sporting Goods, McDonalds’s. Chick-fil-A, Hotels, etc.) One exit north of the site is the proposed mixed-use Bridges at Jodeco which includes Costco, Sprouts, Chick-fil-A, Starbucks, First Watch and more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0073-01-032-000
Land Assessment
$543,000
Improvements Assessment
$0
Total Assessment
$543,000

zoning

Zoning Code C2 (Please inquire about all permitted uses from Broker.)
C2 (Please inquire about all permitted uses from Broker.)
  • Listing ID: 31937840

  • Date on Market: 5/28/2024

  • Last Updated:

  • Address: 1199 Jonesboro Rd, Mcdonough, GA 30253

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