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Investment Highlights
- Income-producing trailer park with RMH zoning.
- Located within the Atlanta metropolitan area.
- Potential for multifamily rezoning and redevelopment.
- Excellent visibility and access along Highway 138.
Executive Summary
This expansive 37-acre property in Stockbridge presents a unique opportunity for redevelopment. The property currently includes a trailer park, fully zoned for trailer park use, offering immediate income potential. In addition, the front of the property is zoned for commercial use, opening up a range of business possibilities.
Though the property is not currently zoned for multi-family use, there is potential to explore this option. Whether you’re looking to expand the trailer park, redevelop the commercial spaces, or pursue a zoning change for multi-family development, this property is full of possibilities.
Though the property is not currently zoned for multi-family use, there is potential to explore this option. Whether you’re looking to expand the trailer park, redevelop the commercial spaces, or pursue a zoning change for multi-family development, this property is full of possibilities.
Property Facts
1 Lot Available
Lot
| Price | $2,800,000 | Lot Size | 37.00 AC |
| Price Per AC | $75,675.68 |
| Price | $2,800,000 |
| Price Per AC | $75,675.68 |
| Lot Size | 37.00 AC |
37-acre property in Stockbridge off of Highway 138 at Naomi Drive.
Description
Excellent redevelopment opportunity. Multi-Family, Single Family, Commercial are a few possibilities.
Property Taxes
| Parcel Numbers | Improvements Assessment | $224,360 | |
| Land Assessment | $263,200 | Total Assessment | $487,560 |
Property Taxes
Parcel Numbers
Land Assessment
$263,200
Improvements Assessment
$224,360
Total Assessment
$487,560
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245 Highway 138 E
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