3056 Main StAtlanta, GA 30344

Property Details for 3056 Main St

Lot size

2.81 AC

Property type

Land

Property subtype

Manufacturing properties

Description

This exceptional 2.81-acre parcel of land, located at 3056 Main St, Atlanta, GA 30344 in Fulton County, presents a compelling investment opportunity in the thriving Atlanta market. Zoned for heavy industrial use, this property is ideal for a variety of businesses requiring significant space and heavy-duty infrastructure. The asking price is $1,200,000, translating to approximately $347,000 per acre. The property boasts a projected capitalization rate of 14.58% and a projected net operating income (NOI) of $175,000. Currently configured as a laydown yard with ample truck parking, the site is graded but not graveled. The property's heavy industrial zoning allows for a wide range of uses, making it suitable for businesses needing substantial space and access for large vehicles. Its strategic location in Atlanta offers excellent access to major transportation arteries, further enhancing its appeal to potential buyers. This is a rare opportunity to acquire a significant land holding in a prime industrial area with strong projected returns. The property's size and zoning make it a highly desirable asset for investors seeking substantial returns in the Atlanta industrial real estate market. Serious inquiries are encouraged.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.6719

Longitude

-84.441

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