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7441 McElroy Dr - McElroy Dr. Assemblage (7441,7471,7423,7453)

5.28 Acres of Commercial Land Offered at $2,049,000 in Riverdale, GA 30296

Investment Highlights

  • Heavy traffic flow at the intersection of two major Georgia highways
  • Near Southern Crescent Regional Hospital
  • Near major grocery stores, dining and commerce
  • Ideal for townhome and multi family development

Executive Summary

Near upcoming new Clayton County transportation corridor
Properties will not be subdivided for separate sale.
5.279 acres support residential town home development.

Attachments

GB_General_Business_District_Standards.
GB_General_Business_District_Intent__Permitted_Uses_and_Conditional_Uses__k5T0i
Offering Memorandum_7441 McElroy Dr (1)

Data Room Click Here to Access

Property Facts

Price $2,049,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Auto Dealership
  • Auto Repair
  • Bank
  • Daycare Center
  • Drugstore
  • Fast Food
  • Healthcare
  • Health Club
  • Movie Theater
  • Neighborhood Center
  • Office Park
  • Rehabilitation Center
  • Restaurant
  • Strip Center
  • Supermarket
Total Lot Size 5.28 AC

1 Lot Available

Lot 1-4

Price $2,049,000
Price Per AC $388,068
Lot Size 5.28 AC

Prime location at the intersection of Ga. Hwy 85 and Ga. Hwy 138 Residential on commercial (GB) land. This property is one part of a 5.279 parcel assemblage: 7471, 7423, 7471 and 7453 McElroy Road (See other listings) totaling $2,049,000.

Description

This property is one part of a 5.279 parcel assemblage: 7471, 7423, 7471 and 7453 McElroy Road (See other listings) totaling $2,049,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-0183C-00A-009
Land Assessment
$24,000
Improvements Assessment
$280
Total Assessment
$24,280

zoning

Zoning Code GB (General Business-Residences on Commercial Property)
GB (General Business-Residences on Commercial Property)
  • Listing ID: 31905988

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 7441 McElroy Dr, Riverdale, GA 30296

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