153 Flint River Road
Riverdale, GA
Executive Summary

Table of Contents

Features

The Opportunity: 22.18+/- acre parcel located on main arterial road between Jonesboro and Riverdale. This is a relatively flat property with approximately two-thirds forest cover and approximate 1.3+/-acre lake in western end of property. Surface stream and soil percolation issues problems seem to be limited to 3.7+/- acres. Since a condominium (Riva Ridge) is located on the eastern property line, there should be a case for multifamily zoning (Senior living, condominiums, or apartments). The property is priced for the FLU four dwelling units per acre recommendation.


Location: With 1313 feet of frontage this parcel is located on Flint River Road immediately west of Taylor Road intersection. Flint River is the main East- West artery between South Riverdale and Jonesboro


Neighborhood: The surrounding area is a very densely developed residential single-family area.


Size:22.18+/- acre "L" shaped parcel providing regular shape to be developed.



Zoning: The site is zoned Agricultural (A). The proposed Clayton County usage is for Medium Density (4 units per acre).


Access & Visibility: Subject property offers 1313+/- feet of frontage on Flint River Road.


Utilities: Sewer and all other utilities are available.

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Tax Plat

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Aerial Photograph

Aerial

Area Aerial

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Topo Map

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Map & Location

Located between Cities of Jonesboro and Riverdale immediately west of Flint River.

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360º Overview

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Price & Terms

Appraised Value: $1,540,000 (July 3. 2006)

Offering Price: $1,350,000

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Further Details

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