For Sale
$2,200,000

2929 Rainbow DrDecatur, GA 30034

6.6-acre lot, 5,500 SF building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6.6-acre industrial land parcel presents a unique investment opportunity in Decatur, Georgia. Located at 2929 S Rainbow Dr, this property offers a 5,500 square foot building, ideal for owner-occupiers or investors seeking high-return potential. The low building coverage ratio of approximately 1.91% on this expansive lot allows for significant future development possibilities. The property's strategic location provides easy access to major transportation arteries, being approximately one mile from both I-20 and I-285 interstates within the Atlanta MSA. This presents a rare opportunity in a thriving East Atlanta submarket, with limited comparable properties available for sale or lease. The asking price is $2,200,000. The property's size and location make it suitable for a wide range of industrial uses, capitalizing on the growing demand for space in this area. The substantial land area offers flexibility for expansion or future development projects, maximizing long-term investment value. This is a prime opportunity to acquire a well-situated industrial property in a dynamic market. The property is zoned for industrial use within DeKalb County, zip code 30034.

Highlights

  • Rare Decatur Investment Opportunity: ±5,500 SF facility in the thriving East Atlanta submarket.
  • Owner-User Potential: ±5,500 SF building with ample outdoor space suits diverse needs.
  • Exceptional Land Value: 6+ acre lot, low 1.91% building coverage ratio, offering significant future development potential.
  • Prime Location: ~1 mile from I-20 and I-285 in the Atlanta MSA.

Property Details for 2929 Rainbow Dr

Property type
Land, Industrial properties
Lot Size (sq. ft)
287,496 SF

Location Insight

City
Decatur
County
DeKalb
State
Georgia
Latitude
33.7069297
Longitude
-84.2707289
2929 Rainbow Dr, Decatur, Georgia

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2929 Rainbow Dr
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