2929 Rainbow DrDecatur, GA 30034
- Industrial properties
- 5,000 SF
Property Details for 2929 Rainbow Dr
- Year built
- 1995
- Construction
- FRAME
- Lot size
- 6.60 AC
- Property size (Sq ft)
- 5,000 SF
- Zone code
- C2
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 15 121 06 005
- APU
- 1512106005
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,229,683
- Hospitality
- $1,126,383
- Educational
- $937,137
- Medical
- $969,367
- Retail
- $1,457,769
Location Insight
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.7065
- Longitude
- -84.2702
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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