7423 Mcelroy DrRiverdale, GA 30296

  • Mixed-use properties
  • 1,464 SF
For Sale
$608,523 View listing

Property Details for 7423 Mcelroy Dr

Year built
1952
Construction
FRAME
Lot size
1.61 AC
Property size (Sq ft)
1,464 SF
Zone code
GB
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
13-183C- A-012
APU
13183CA012

Description

This exceptional 1.61-acre commercial property, located at 7423 McElroy Drive in Riverdale, Georgia, presents a compelling investment opportunity for developers and discerning investors. Situated at the strategic intersection of GA Highway 85 and GA Highway 138, this lot benefits from high visibility and convenient access to major transportation arteries. The property is part of a larger 5.279-acre assemblage, encompassing parcels at 7471, 7423, 7453, and 7471 McElroy Road (see separate listings for details). Importantly, these properties will be sold as a single unit and will not be subdivided. The current zoning designation is General Business (GB), allowing for a range of permitted commercial uses. The expansive acreage is particularly well-suited for residential townhome development, offering significant potential for substantial returns. Detailed zoning information and permitted business types are available upon request (see accompanying photos). Priced at $608,523, this property represents a rare chance to acquire a substantial land holding in a rapidly developing area. Don't miss this opportunity to capitalize on the significant growth potential of this prime Riverdale location.

7423 Mcelroy Dr, Riverdale, Georgia

Location Insight

City
Riverdale
County
Clayton
State
Georgia
Latitude
33.5522
Longitude
-84.4163
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$549
$42,000
$280
$42,280
-
$105,000
$700
$105,700

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