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7965 Spence Rd - High Growth Area, 3.71 acres, South Fulton 3.71 Acres of Commercial Land Offered at $699,000 in Fairburn, GA 30213

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INVESTMENT HIGHLIGHTS

Proxmity to High Growth Cooridors of I-85 Exiit 61 (Fairburn) and Exit 64 (Union City).
Property has dual frontage on Hwy 92 (Spence) and Harris Roads allowing for multiple access points.

22 miles south of Downtown Atlanta, and 13 miles south of the Airport.

EXECUTIVE SUMMARY

The City of South Fulton is in the process of updating their Comprehensive Plan, which includes long range zoning objectives across the city. To this end, the City is looking to improve resident services for retail, shopping, restaurant and grocery stores in the area. This growth could create significant upside to property values.
Assemblage consists of 3 parcels, with over 1100 feet of frontage on Spence and Harris Roads.
Parcel 1: 5385 Harris Rd - .91 acres.
Parcel 2: 7965 Spence Rd - 1.54 acres, corner of Spence and Harris Rd.
Parcel 3: 7955 Spence Rd - 1.26 acres. Estate property, probate.
Agent is principal of Harris Rd parcel, and related to owners of Spence Rd parcels.

Memorandum Flyer_111425

PROPERTY FACTS

Price	$699,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail Office Bank Daycare Center General Freestanding Healthcare Neighborhood Center Public Library Rehabilitation Center Religious Facility Restaurant Schools Storefront, Retail or Residential Veterinarian or Kennel
Sale Condition	Redevelopment Project	Total Lot Size	3.71 AC
No. Lots	1	No. Stories	1
Property Type	Land
Zoning	O-I - Office-Institutional, with two daycare conditions. Conditions can be modified for any O-I approved use or rezoned to meet buyer needs, i.e. Mixed Use

Price	$699,000
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Bank Daycare Center General Freestanding Healthcare Neighborhood Center Public Library Rehabilitation Center Religious Facility Restaurant Schools Storefront, Retail or Residential Veterinarian or Kennel
Total Lot Size	3.71 AC
No. Stories	1
Zoning	O-I - Office-Institutional, with two daycare conditions. Conditions can be modified for any O-I approved use or rezoned to meet buyer needs, i.e. Mixed Use

1 LOT AVAILABLE

Lot

Price	$699,000	Lot Size	3.71 AC
Price Per AC	$188,409.70

Price	$699,000
Price Per AC	$188,409.70
Lot Size	3.71 AC

3.71 acre assemblage 1 mile to Exit 61 (Senoia Rd/Fairburn) off Interstate 85, on State Hwy 92 (Spence Rd) with significant residential and commercial/ industrial business traffic to Peachtree City, Fairburn, Fayetteville, and surrounding areas.

DESCRIPTION

This parcel is well-suited for a variety of uses, including Office-Institutional, Light Commercial, Townhomes, or Mixed Uses. It offers a strong corner presence due to its extensive road frontage: 535 feet on Spence Road (Highway 92) and 656 feet on Harris Road, totaling a combined frontage of over 1,190 feet. Additionally, the corner location allows for the potential installation of a traffic signal, which could enhance accessibility and visibility. Currently zoned Office - Institutional, recently approved with daycare conditons. Zoning modification for conditions and site plan can be done administratively. Many O-I uses in support of Senior Housing, Assisted Living, Health Care Centers as well as rezoning for Townhomes, Light Commercial, Mixed Use.

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