± 2.54 Acre Commercial Land Opportunity

3641 Highway 5 Douglasville, GA 30135

3641 Highway 5, Douglasville, GA, 30135
3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135 3641 Highway 5, Douglasville, GA, 30135
FOR SALE
Property Type:
Commercial Land Development
Amount:
$625,000
Last Verified:
Mar 28, 2024

Highlights

  • ± 2.54 Acre commercial parcel in Douglas County (Atlanta MSA)
  • Located on Highway 5, 2.5 miles south of I-20
  • ± 3,196 SF vacant office/retail building located on the property

Description

This ± 2.54 acre commercial parcel sits on Highway 5 (Bill Arp Rd) across from the intersection of Kings Hwy in Douglasville, GA. The parcel is an office/retail development opportunity that is zoned C-H (Heavy Commercial, Douglas County). Nearby traffic counts on Kings Way are 10,700 VPD. Traffic counts on Highway 5 north of the property are 24,900 VPD and 13,400 VPD south of it. Surrounding retail establishments include Walgreens, CVS, Dollar General, Food Depot, Domino’s Pizza, The Learning Experience, Regions Bank and Shell. Interstate 20 is approximately 2.5 miles north along with Douglasville Town Center, Publix, Kroger, The Home Depot, Burlington, Lowe’s and numerous other retail establishments.

There is a ± 3,196 SF, two story, former residence, built circa 1899 with an effective (renovated) year built of 1985, that was once an office but is currently vacant. It could be remodeled for office or retail use.

This property is located in Douglasville, Georgia.

Lot Size: 2.54 acres


Documents

Offering Memorandum

Map of 3641 Highway 5, Douglasville, GA, 30135

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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