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0 Derrick Rd
Atlanta, GA 30349
26.33 AC: Entitled for 316 Apartment Units · Land For Sale
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26.33 AC
EXECUTIVE SUMMARY
Sale Price: $7,110,000
Price / Proposed Apartment Unit: $22,500 per Unit
Proposed Apartment Unit Count: 316 Units
Lot Size: 26.33 Acres
Zoning: TCMU - Town Center Mixed Use
Municipality: Union City
South Fulton Parkway Traffic Counts:
36,000 Cars Per Day (East of Property)
21,800 Cars Per Day (West of property)
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 26.33 AC |
| Zoning | TCMU - Town Center Mixed Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 26.33 AC |
| Zoning | TCMU - Town Center Mixed Use |
1 LOT AVAILABLE
Lot
| Price | $9,804,192 CAD | Lot Size | 26.33 AC |
| Price Per AC | $372,358.23 CAD |
| Price | $9,804,192 CAD |
| Price Per AC | $372,358.23 CAD |
| Lot Size | 26.33 AC |
Town Center Mixed Use is a unique and valuable zoning that will accommodate many uses. Broker has comprehensive due diligence file including survey, Phase 1 environmental, seismic study and more. Parcel #: 09F320001370102
DESCRIPTION
PROPERTY OVERVIEW Norton Commercial Acreage Group is proud to present this prime mixed use opportunity in South Fulton County. The property offers excellent visibility and access on heavily traveled South Fulton Parkway (2,482 +/- feet of road frontage) at the corner of Derrick Road (208 +/- feet of frontage). Town Center Mixed Use is a unique and valuable zoning that will accommodate many uses. Broker has comprehensive due diligence file including survey, Phase 1 environmental, seismic study and more - available upon request. Walmart Distribution Center and Majestic Airport Center are very close on South Fulton Parkway. Property has rolling topography with access to all utilities including Sewer. Property is located along the northern border of South Fulton Parkway in the direct line of growth located within the Union City limits. LOCATION OVERVIEW Located at the NW intersection of Derrick Road and South Fulton Parkway, just across from the Walmart Distribution Center located on Derrick Road and South Fulton Parkway. Fully lighted access to the parkway via Derrick Road. Less than 15 minutes to Hartsfield-Jackson International Airport. Just minutes from Aerotropolis Atlanta. Fulton Industrial District continues to be one of the premiere business districts in the southeast. The infrastructure attributes and key location to the airport and interstates ensures high demand for commuter residential land as desirable as this offering.
