For Sale
$799,500

5027 Austell RdAustell, GA 30106

High-Income Retail Parking, 63 Spaces

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a prime 1.293-acre commercial parking lot located at 5027 Austell Road, Austell, Georgia, 30106. Built in 2020, this property boasts a remarkable monthly income exceeding $10,000. The lot currently offers 63 secure parking spaces, enclosed within a fenced perimeter featuring multiple gates for convenient 24-hour access. This established revenue stream provides immediate returns for investors. The property's strategic location in Cobb County, Georgia, offers significant potential for future expansion. The existing fenced area could be further developed to increase parking capacity and generate additional income. The asking price for this high-yield investment is $799,500. This represents a rare chance to acquire a profitable, established commercial parking lot with significant upside potential in a thriving Georgia market. The property is classified as retail, subtype business/other. This turnkey operation requires minimal management and offers a strong return on investment. Serious inquiries are encouraged to explore this lucrative opportunity.

Highlights

  • $799,500 asking price.
  • 1.293-acre lot.
  • 2020-built retail property (Business/Other subtype).
  • Currently generates over $10,000 monthly income from 63 parking spaces.
  • Fenced with multiple gates allowing 24/7 access.
  • Potential to expand parking and increase income.

Property Details for 5027 Austell Rd

Property type
Retail properties
Year Built
2020
Lot Size (sq. ft)
56,323 SF

Location Insight

City
Austell
County
Cobb - GA
State
Georgia
Latitude
33.831202
Longitude
-84.611729
5027 Austell Rd, Austell, Georgia

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5027 Austell Rd
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