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0 Derrick Road , Union City, GA 30291 – 26.33 +/- acres: Entitled for 316 Apartment Units (South Fulton Pkwy & Derrick Rd)

$ 7,110,000
Land, Lot in For Sale
0 Derrick Road ,
DCIM100MEDIADJI_0546.JPG DCIM100MEDIADJI_0549.JPG

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.

OFFERING 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)
Documents
Address: 0 Derrick Road
State:
Zip: 30291
Country: United States
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Price: $ 7,110,000
Property Lot Size: 26.33 Acres

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