Auction Information
Online Bidding Site3.5 Acres in College Park, GA
RealINSIGHT Marketplace Online Auction Feb. 20-22, 2023
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Investment Highlights
* Well-Positioned 3.5-Acre Infill Parcel Near I-285 and Hartsfield-Jackson Atlanta Airport
* Favorable BP, Business Park Zoning with Flexible Uses Permitted including Office, Restaurant, General Retail, Medical, and others
* Nearby Demand Drivers include Airport, Amazon Fulfillment, Manheim Atlanta, and Numerous Hotels, and QSRs
* Frontage on Roosevelt Highway and Benefitting from Traffic Counts of 8,154 VPD with Access to I-285 and an Additional 89K VPD
* Dense Demographics with 5-Mile Population of 152,331 and Annual Household Income of $62,606
* 9.94% Population Growth from 2010-2022 and 6.53% Growth Projected from 2022-2027 (5-mile radius)
* Absolute $1 Auction NO RESERVE!
Offering Summary
Marcus & Mi...
Marcus & Millichap and RI Marketplace are pleased to present a 3.5-AC parcel located at 2723 Roosevelt Highway (the Property) in College Park, Georgia just outside Atlanta. This Property offers an exceptional development opportunity in a growing robust trade area and first bid meets reserve.
The Property consists of a 3.5-acre parcel with frontage on Roosevelt Highway and benefitting from traffic counts of 8,154 vehicles per day. The Property is in an area surrounded by I-285, I-85, and Old National Highway with combined traffic counts exceeding 100,000 vehicles per day. Demand generators in the area include Airport, Amazon Fulfillment, Manheim Atlanta, and numerous hotels, restaurants, and more. The Property is zoned Business Park, BP, which allows for many commercial uses including restaurant, retail, and office.
College Park is an inside the perimeter suburb of Atlanta, in Fulton County, Georgia approximately 12 miles south of downtown. College Park is a well-established community located near the Hartsfield-Jackson Atlanta International Airport, Interstates I-85 and I-285, the CSX Railroad, and Metropolitan Atlanta Rapid Transit Authority (MARTA). College Park has all the benefits of a large city, while preserving the neighborliness of a hometown. The Property further benefits from strong demographics with a population of 152,331 residents and an average household income of $62,606 within a 5-mile radius. The population has experienced 9.94% growth from 2010-2022 with 6.53% growth expected to continue through 2027.
Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
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