Commercial Development Opportunity Near Douglasville, GA | ±4.13 Acres

Highway 92 Douglasville, GA 30134

Highway 92, Douglasville, GA, 30134
Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134 Highway 92, Douglasville, GA, 30134
FOR SALE
Property Type:
Padsites
Amount:
$1,278,000
Last Verified:
Mar 22, 2024

Highlights

  • ±4.13 acres in fast growing suburb of Atlanta MSA
  • Square parcel ideal for development
  • Commercial or PRD Future Land Use (Currently Zoned R-2)
  • Located on south traveling side of road for AM traffic
  • In close proximity to heavily traveled I-20 intersection of Bomar Rd and Chapel Hill Rd

Description

This ±4.13-acre property is situated along the expanded 6-lane section of Hwy 92 in Douglasville, Douglas County, GA, within the Atlanta Metropolitan Statistical Area (MSA). It benefits from a strategic location adjacent to new multifamily developments to the north and south, and a community center currently under construction across the street. The square shape of the parcel is ideal for comprehensive development or subdivision. Presently zoned as R-2, its Future Land Use Plan suggests a favorable transition to Commercial use within the CAC Character Area. It currently enjoys a traffic count of ±15,000 vehicles per day (VPD), which is expected to significantly increase in line with local growth projections.

Douglasville, GA

Building Size: 0sq ft
Lot Size: 4.13 acres


Documents

Offering Memorandum

Map of Highway 92, Douglasville, GA, 30134

Presented by:
Bull Realty

Request additional information
Kris Holt


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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.