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$3,300,000
167 East Lake Road, Mcdonough, GA 30252
22.77
ac
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$3,300,000
167 East Lake Road, Mcdonough, GA 30252
Estimation provided by Keller Williams Realty Inc.
22.77
ac
Active
For Sale
Property Description
PROPERTY OVERVIEW The Norton Commercial Acreage Group is pleased to present this prime 22.77-acre commercial development opportunity in a rapidly growing commercial corridor of Henry County. Strategically located at a high-traffic intersection, just one mile east of Stockbridge city limits and under two miles north of McDonough city limits, this site offers exceptional visibility and accessibility. Currently zoned RA (Residential Agricultural), the property is surrounded by thriving commercial and public/institutional developments, making it an excellent candidate for rezoning to accommodate retail, office, or mixed-use commercial projects. With all utilities available, including public water and sewer, and mostly level topography, this site is well-positioned for immediate development. A scenic +/- 2.5-acre pond on the southwestern corner adds a unique aesthetic feature, ideal for an enhanced commercial or mixed-use development. This is a prime opportunity for developers and investors looking to capitalize on the rapid growth in Henry County's commercial sector. LOCATION OVERVIEW Just 15 miles southeast from the 285 Atlanta Perimeter and about 22 miles from Downtown Atlanta, this commercial intersection between Hwy 155 and East Lake Road is mostly built out with the subject property being located on the last remaining undeveloped quadrant. The property is walkable to the new Kroger, Chick- l-A and other new retail and dining options. Located within the East Lake ES, Union Grove MS and Union Grove HS school districts.
Assessed Value is a combination of the land and additions.
2023
$4,559
(+17.25%)
$121,720
Land 48,120 +
Additions 73,600
2022
$3,888
(+27.59%)
$100,320
Land 42,760 +
Additions 57,560
2021
$3,047
(+12.33%)
$78,400
Land 36,720 +
Additions 41,680
2019
$2,713
(+32.44%)
$69,680
Land 32,800 +
Additions 36,880
2016
$2,048
$57,040
Land 28,520 +
Additions 28,520
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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