Riverdale, GA 30274,6944 Highway 85
Riverdale, GA 30274,6944 Highway 85
Riverdale, GA 30274,6944 Highway 85
7
Listed by JohnPaul Phillips • Keller Williams Realty Atl. Partners
Bought with JohnPaul Phillips • Keller Williams Realty Atl. Partners
$565,000
$600,000
5.8%
Est.Price: ?

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1.28 Acres Lot

6944 Highway 85 Riverdale, GA 30274

Est. payment /mo
SOLD DATE : 06/28/2024

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Key Details

Sold Price $565,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10299330

Sold Date 06/28/24

Construction Status Resale

Year Built 1983

Annual Tax Amount $9,549

Tax Year 2023

Lot Size 1.280 Acres

Property Description

Introducing a prime investment opportunity! This office building sits majestically on a sprawling 1.28-acre lot, strategically positioned along a bustling highway renowned for its high traffic volume. Drawing an average of 34,700 cars daily, with peak counts reaching up to 45,500 vehicles or more, this location guarantees unmatched visibility and accessibility, making it an ideal hub for businesses craving maximum exposure. Boasting a cap rate exceeding 10%, this property is a lucrative income-generating asset from day one. Whether you're expanding your portfolio or diving into commercial real estate, this opportunity promises immediate returns and long-term potential. 11 of 13 doors are currently rented out, so there is potential for an even better cap rate! Seize the chance to secure a prized asset in a high-demand location-schedule a viewing today and unlock the endless possibilities this investment holds!

Location

State GA

County Clayton

Zoning C- Commercial

Interior

Heating Other

Cooling Other

Exterior

Parking Features Parking Lot

Utilities Available Electricity Available, Other, Water Available

Building

Sewer Public Sewer

Construction Status Resale

Others

Financing Cash

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Georgia MLS (GAMLS)

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agent

Michael Stansky

Agent | License ID: 403637

+1(706) 309-0448

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