For Sale
$6,000,000

1651 Phoenix BlvdCollege Park, GA 30349

12-building office park, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents 10.281 acres of commercial land in College Park, Georgia, encompassing a 12-building office park totaling 101,512 square feet. Currently operating at 29% occupancy, this property offers significant upside potential through lease-up of the existing 14 units. Strategically located on Phoenix Blvd, the park enjoys direct frontage on I-285, boasting 178,000 daily vehicle passes, and provides easy access to I-85 and I-75. Its proximity to Hartsfield-Jackson Atlanta International Airport further enhances its desirability. The property is zoned BP (Business Park) and includes all utilities, simplifying redevelopment. While currently configured as single-story office buildings, the site's exceptional location and access make it ideal for conversion to industrial or distribution uses. Note that several buildings require capital improvements, including roof repairs and renovations to building 1591 following a fire. The asking price is $6,000,000. This unique offering presents a compelling covered land play with substantial long-term growth potential. The property has been owned by the same family for decades and is now available for purchase for the first time.

Highlights

  • Over 10 contiguous acres across from Hartsfield-Jackson Atlanta International Airport.
  • 12 single-story office buildings, 32% occupied.
  • Significant leasing upside potential in existing office space.
  • Ideal for industrial or distribution development; excellent highway and airport cargo access.
  • High-visibility signage opportunity on I-285 (178,000 VPD).
  • Rare offering; family-owned for decades, never before on the market.

Property Details for 1651 Phoenix Blvd

Property type
Land
Square Feet
101,512 SF
Class
C
Lot Size (sq. ft)
447,840 SF
Units
14

Location Insight

City
College Park
County
Clayton
State
Georgia
Latitude
33.6155055
Longitude
-84.4435633
1651 Phoenix Blvd, College Park, Georgia

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1651 Phoenix Blvd
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