Investment Highlights:
3.77 Acres in Atlanta MSA
Zoned OI for Office-Institutional and offers favorable flexible uses
Absolute $1 AuctionNO RESERVE
Offering Details:
CBRE and RealINSIGHT Marketplace are pleased to present a 3.77 AC undeveloped land parcel located at 2944 Miller Rd (the Property) in Decatur, GA within the Atlanta MSA. This Property offers an exceptional investment opportunity via development and the first bid meets reserve!
The Property is an undeveloped, vacant parcel with infrastructure available including curb/gutter/sidewalk, electricity, gas, sewer/water, etc. This Property offers potential investors the ability to acquire raw land with significant value-add through development and long-term lease-up. The Property is zoned OI, Office-Institutional, and offers favorable flexible zoning that allows for a variety of uses that are necessary for the residents ...
The Property is an undeveloped, vacant parcel with infrastructure available including curb/gutter/sidewalk, electricity, gas, sewer/water, etc. This Property offers potential investors the ability to acquire raw land with significant value-add through development and long-term lease-up. The Property is zoned OI, Office-Institutional, and offers favorable flexible zoning that allows for a variety of uses that are necessary for the residents and business and professional practitioners within the county. The Property is positioned on a corner lot adjacent to Georgia United Credit Union and the Division of Child Support Services. The Property benefits from excellent visibility in a high traffic area with direct frontage on Miller Rd and adjacent to the East Exwy/I-20 with 121,189 VPD.
Decatur, GA sits just to the east of Atlanta and has become a favorite of single professionals, young couples and families thanks to its strong schools, low crime rate and job opportunities just outside of the greater metro area. The Property is strategically positioned within the I-20 East/Conyers Submarket just 10 miles from Atlanta in an office/industrial corridor with dense residential nearby. The Property is located just 1-mile from the dense retail corridor with numerous national retailers and QSRs including Publix, Lowes, Walmart, Walgreens, Ruby Tuesday, Wendys, Taco Bell, Popeyes, to name a few. The Property is also positioned near local demand generators and proximate to Kaiser Permanente Panola Medical Center (0.9 mile), Emory Hillandale Hospital (2.5 miles), The Mall at Stonecrest (6 miles), downtown Atlanta (20-minutes) and Hartsfield-Jackson Atlanta International Airport (22-minutes). The Propertys location just off Route 1-20 offers excellent accessibility to the broader area and provides prime visibility to the Property by those commuting between Conyers and Atlanta daily. The Property also benefits from extremely dense and compelling demographics and has a population of 179,526 with an annual household income of $68,319 within a five-mile radius (2018).
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