Rare Industrial/Multifamily Development Site | ± 10 Acres

175 & 199 Griffin Street McDonough, GA 30253

175 & 199 Griffin Street, McDonough, GA, 30253
175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253 175 & 199 Griffin Street, McDonough, GA, 30253
FOR SALE
Property Type:
Other Land
Amount:
$1,505,745
Last Verified:
Jul 01, 2024

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Highlights

  • ±10 acre development site
  • Current zoning: ±8.269 acres industrial & ±1.769 acres multifamily
  • Easy access with 420' frontage on Griffin Street and 701' frontage on Highland Street
  • All utilities available on site
  • ±0.3 miles from Downtown McDonough. To learn more, visit:https://bit.ly/3xSujxz and https://bit.ly/36A32nn

Description

Bull Realty Inc., as exclusive broker, is proud to offer a rare industrial / multi-family development site in McDonough, Georgia. The site is within easy walking distance of the revitalized downtown area with a variety of restaurants and retail shops. The zoning consists of 8.269 acres industrial and 1.769 acres of multi-family. All utilities are available on the site.

Less than 1/4 of a mile from Downtown McDonough on Griffin St.

Lot Size: 10.0 acres


Documents

Offering Memorandum

Map of 175 & 199 Griffin Street, McDonough, GA, 30253

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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.