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Mixed-Use Land for Sale in McDonough, Georgia

167 E Lake Rd, McDonough, GA 30252

$2,950,000
22.8 acres
Active
$350k drop
Est $21,355/mo

PROPERTY OVERVIEW The Norton Commercial Acreage Group is pleased to present this prime 22.77-acre commercial development opportunity in a rapidly growing commercial corridor of Henry County. Strategically located at a high-traffic intersection, just one mile east of Stockbridge city limits and under two miles north of McDonough city limits, this site offers exceptional visibility and accessibility. Currently zoned RA (Residential Agricultural), the property is surrounded by thriving commercial and public/institutional developments, making it an excellent candidate for rezoning to accommodate retail, office, or mixed-use commercial projects. With all utilities available, including public water and sewer, and mostly level topography, this site is well-positioned for immediate development. A scenic +/- 2.5-acre pond on the southwestern corner adds a unique aesthetic feature, ideal for an enhanced commercial or mixed-use development. This is a prime opportunity for developers and investors looking to capitalize on the rapid growth in Henry County's commercial sector. LOCATION OVERVIEW Just 15 miles southeast from the 285 Atlanta Perimeter and about 22 miles from Downtown Atlanta, this commercial intersection between Hwy 155 and East Lake Road is mostly built out with the subject property being located on the last remaining undeveloped quadrant. The property is walkable to the new Kroger, Chick- l-A and other new retail and dining options. Located within the East Lake ES, Union Grove MS and Union Grove HS school districts.

Location

Street address
167 E Lake Rd
Community
Union Grove
Elevation
817 feet
Coordinates
33.5081, -84.1349

Directions

From Metro Atlanta, I-75 S towards Stockbridge. Use the right 2 lanes to take exit 224 toward Hudson Bridge Rd. Use the left 3 lanes to turn left onto Hudson Bridge Rd (signs for Rock Quarry Road/Eagles Landing Pkwy). Continue onto Eagles Landing Pkwy. Continue onto E Lake Pkwy. Pass by McDonald's (on the right in 3.4 mi). Continue onto E Lake Rd. Make a U-turn at Bryans Dr and site will be on your right.

Property details

Acreage
22.77 acres
MLS #
GAMLS 10388837
Posted

Property taxes

2024
$14,646

Parcels

  • 10302051002

Details and features

Listing

Type
Land

Lot

Features
City Lot, Level

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameLevelDistrictDescription
East LakeElementary
Union GroveMiddle
Union GroveHigh

Listing history

DateEventPriceChangeSource
Oct 21, 2025Price drop$2,950,000$350,000 -10.6%GAMLS
Mar 20, 2025New listing$3,300,000GAMLS
Dec 19, 2024Listing removed$3,300,000Listing agent
Oct 3, 2024New listing$3,300,000GAMLS
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This 22.77-acre property is located at 167 E Lake Rd in McDonough, GA 30252. The property is available for sale for $2,950,000 with a price per acre of $129,556.

Checked 16 mins ago — Updated

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