This exceptional 1.61-acre commercial land parcel, located at 6870 S Sweetwater Road in Lithia Springs, Georgia (zip code 30122), presents a compelling investment opportunity. Built in 1946, the property is zoned General Commercial (C-G), offering considerable flexibility for development. The expansive lot size provides ample space for a variety of commercial ventures. Potential uses include, but are not limited to, a storage facility, car wash, or office building. This property is being sold with the adjoining acreage at 6886 Sweetwater Road, providing an opportunity for a larger-scale development project. The property's location in Douglas County, Georgia, offers convenient access to major transportation routes and a growing local economy. The asking price for this prime commercial land is $300,000. This is a rare opportunity to acquire a significant commercial lot in a desirable location. Serious inquiries are encouraged. The property's latitude and longitude coordinates are 33.7877872 and -84.6566209 respectively. The MLS number is 7318413.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$345,472
6.5%
$318,897
7%
$296,119
Comparable approach
Method
Valuation
Relative Method
$313,018
Geo Method
$374,837
Alternative Use
Use
Valuation
Residential
$404,534
Hospitality
$370,551
Educational
$308,294
Medical
$318,897
Retail
$479,569
Location Insight
City
Lithia Springs
County
Douglas
State
Georgia
Latitude
33.7878
Longitude
-84.6566
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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