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1005 Shoppes Ln - 3 Outparcels Next To Lowe's and Walmart - C3

3.85 Acres of Commercial Land Offered at $3,041,132 CAD in Mcdonough, GA 30253

Investment Highlights

  • Three ready to develop commercial parcels sold individually or combined with curbs, storm drains, and water / utilities are established for each.
  • Adjacent to a Lowe's and Walmart Supercenter development, along with Goodyear, QuikTrip, KFC, Burger King, Pizza Hut, McDonald's and many more.
  • Population in a 5-mile radius of 87,871 expect to grow by 8% over the next 5 years.
  • Many uses allowed due to the C-3 highway commercial zoning and a high residential growth area with multiple nearby developments in process.
  • Close proximity from I-75 which has 118,000 cars per day, and 24,500 cars per day passing on Hwy 20.
  • Average Household income in a 5-mile radius of $96,386 with strong 14% growth projected in the next 5-years.

Executive Summary

This offering includes 3 parcels of commercial land located in a very busy area of McDonough, which can be sold individually or combined. Outparcel 1 is 1.36 acres, outparcel 6 is 1.38 acres, while outparcel 5 has 1.13 acres, with a total area of 3.87 acres. The area has been experiencing explosive residential growth and also benefits from being located close to area retailers where the Lowe's and Walmart are a main draw for shoppers in this region, and easy access to I-75.

Data Room Click Here to Access

Property Facts

Price $3,041,132 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Auto Repair
  • Bank
  • Carwash
  • Drugstore
  • Fast Food
  • Medical
  • Restaurant
  • Service Station
Total Lot Size 3.85 AC

1 Lot Available

Lot

Price $3,041,132 CAD
Price Per AC $789,904 CAD
Lot Size 3.85 AC

Description

McDonough is an established area, approximately 30 miles south of Downtown Atlanta, which has benefited from its close proximity to Atlanta International Airport. Many people living in McDonough are employed by Delta or other companies affiliated with the world’s busiest airport. People living in McDonough benefit from having affordable housing, quality schools, low crime, yet easy access to Atlanta with the amenities and opportunities of the larger city without having to live in the heart of it.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0075-01-028-022
Land Assessment
$429,670 CAD
Improvements Assessment
$0 CAD
Total Assessment
$429,670 CAD

zoning

Zoning Code C-3 (Commercial)
C-3 (Commercial)
  • Listing ID: 29745471

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: 1005 Shoppes Ln, Mcdonough, GA 30253

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