For Sale
$7,110,000

Derrick Rd Atlanta, GA 30349

26.33 Acres, Prime Location, $7.1M

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 26.33-acre commercial and residential land parcel in Fulton County, Georgia, presents a unique mixed-use development opportunity. Located at the northwest intersection of Derrick Road and South Fulton Parkway in Union City, this property boasts 2,482+/- feet of frontage on South Fulton Parkway and 208+/- feet on Derrick Road, ensuring high visibility and accessibility. The Town Center Mixed Use (TCMU) zoning allows for a wide range of development options. The site features rolling topography and access to all utilities, including sewer. Its strategic location offers easy access to Hartsfield-Jackson International Airport (less than 15 minutes away) and the Aerotropolis Atlanta, placing it within a thriving business district. High daily traffic counts on South Fulton Parkway (36,000 cars eastbound and 21,800 cars westbound) further enhance its appeal. A comprehensive due diligence file, including a survey, Phase 1 environmental report, and seismic study, is available. The proximity to the Walmart Distribution Center and Majestic Airport Center adds to the property's investment potential. This offering presents a rare chance to capitalize on the growth and demand in this prime South Fulton location. The property's APN is 09F320101460290. The asking price is $7,110,000. A proposed development plan suggests the potential for 316 apartment units, at an estimated cost of $22,500 per unit.

Highlights

  • $7,110,000 asking price for a 26.33-acre mixed-use development site.
  • Town Center Mixed Use (TCMU) zoning in Union City, Georgia.
  • High visibility with 2,482+ feet of frontage on South Fulton Parkway and 208+ feet on Derrick Road.
  • Excellent location near Hartsfield-Jackson International Airport and the Aerotropolis Atlanta.
  • High traffic counts on South Fulton Parkway: 36,000 cars eastbound and 21,800 cars westbound daily.
  • Comprehensive due diligence package available, including survey, Phase 1 environmental report, and seismic study.

Property Details for 0 Derrick Rd

Property type
Land
Lot Size (sq. ft)
1,146,935 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.624789
Longitude
-84.587036

FAQs

What type of property is this?
Land - 26.33 Acres, Prime Location, $7.1M
Where is the land located?
The property is located at Derrick Rd Atlanta, GA.
What is the asking price?
The asking price for this property is $7,110,000.
What are key features of this property?
This property features: $7,110,000 asking price for a 26.33-acre mixed-use development site.; Town Center Mixed Use (TCMU) zoning in Union City, Georgia.; High visibility with 2,482+ feet of frontage on South Fulton Parkway and 208+ feet on Derrick Road.
How can I contact the broker?
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0 Derrick Rd
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