1,510 sqft House For Sale with 10 Acres

3695 McDaniel Mill Rd SW, Conyers, GA 30094

$900,000 After Repair Value -
$587,498 Asking Price -
$0 Cost of Repairs =
$312,502 Potential Profit

Property Details

Asking Price $587,498

After Repair Value $900,000

Costs of Repairs $0

Potential Profit $312,502

Living Area 543600 ft2

Property Type Commercial Property

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 4

Listed with Agent 0

Property Description

This house with 10 Acres is in the middle of several Subdivisions that has been completed; in the process of been completed and at the beginning stage of starting New Subdivisions. The Lots are Selling Now for $45,000 each. 2 Homes can be built on 1 Acre at $45,000 each. Here is a Realistic Gross Profit Potential: $127k for the house + $45k x 20 Lots = $1,027,000+/- * Net Profit: $439k+/- This property is in a Great Location near Stone Crest Mall in DeKalb County. The house is in a Great location; Good Road Frontage; approx 1 mile from Stone Crest Mall; Large New Subdivision; Developments in front, behind, on the left and right-side of the 10 Acres; Open and wooded; Level Topographic; convenient to shopping and I-20 East and West. This property is in the middle of several Subdivisions that has been completed; in the process of being completed and at the beginning stage of starting New Subdivisions. This is a Perfect Time To Buy it as a Investment Property; sell it for a few thousand dollars more than what you paid for it for a quick profit or buy and wait for Developers to come knocking on your door to buy The 10 Acres from you. Please keep this in mind, it's not if The Developers are coming, it's when.

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