For Sale
$608,523

7423 Mcelroy Dr Riverdale, GA 30296

Prime 1.61-acre commercial lot, development potential.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 1.61-acre commercial property, located at 7423 McElroy Drive in Riverdale, Georgia, presents a compelling investment opportunity for developers and discerning investors. Situated at the strategic intersection of GA Highway 85 and GA Highway 138, this lot benefits from high visibility and convenient access to major transportation arteries. The property is part of a larger 5.279-acre assemblage, encompassing parcels at 7471, 7423, 7453, and 7471 McElroy Road (see separate listings for details). Importantly, these properties will be sold as a single unit and will not be subdivided. The current zoning designation is General Business (GB), allowing for a range of permitted commercial uses. The expansive acreage is particularly well-suited for residential townhome development, offering significant potential for substantial returns. Detailed zoning information and permitted business types are available upon request (see accompanying photos). Priced at $608,523, this property represents a rare chance to acquire a substantial land holding in a rapidly developing area. Don't miss this opportunity to capitalize on the significant growth potential of this prime Riverdale location.

Property Details for 7423 Mcelroy Dr

Property type
Commercial real estate
Year Built
2024
Lot Size (sq. ft)
70,132 SF

Location Insight

City
Riverdale
County
Clayton
State
Georgia
Latitude
33.55225
Longitude
-84.41602

FAQs

What type of property is this?
Commercial real estate - Prime 1.61-acre commercial lot, development potential.
Where is the commercial real estate located?
The property is located at 7423 Mcelroy Dr Riverdale, GA.
What is the asking price?
The asking price for this property is $608,523.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7423 Mcelroy Dr
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