Description
Prime .77-Acre RM-Zoned Development Opportunity | Multifamily & Institutional Potential Strategically positioned .77-acre parcel zoned RM (Multiple Family Residential), offering immediate development potential with all utilities available at the site. This property is ideally suited for a multifamily development, townhome project, or build-to-rent community, delivering the density and flexibility today's residential market demands. Permitted uses include multifamily dwellings such as apartments or condominiums; townhomes and row homes; senior living, assisted living, or nursing facilities; institutional use including educational institutions; and approved residential-based operations. The RM zoning supports a range of development strategies, allowing investors to pursue long-term rental income, for-sale product, or specialized housing models. With utilities in place and nearly three-quarters of an acre to design an efficient site plan, this parcel presents a streamlined path from acquisition to construction. Ideal for multifamily developers, build-to-rent operators, senior housing investors, and institutional users seeking residential zoning flexibility with potential upside. Located less than one minute from I-675, with quick access to I-75 and I-285, and approximately a 20-minute commute to Hartsfield-Jackson Atlanta International Airport, this parcel combines strategic location with long-term upside in a growing corridor. Buyer to verify intended use with local planning and zoning
Details
| MLS # | 10802220 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 73 |
| Listing Provided By | HomeSmart | Henry Mitchell |
Features
| Acreage | 0.77 |
|---|---|
| Water Front | Yes |
| Property View | Yes |
Exterior
| Lot Features | Other |
|---|---|
| Fencing | Other |
| Waterfront Features | Other |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Water Available |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 1320 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Clayton |
| City | Rex |
| Zip Code | 30273 |
| Area | Clayton |
| School District | Mount Zion |
| Elementary School | Roberta Smith |
| High School | Mount Zion |
| Listing VS Median (in 30273) | |
Price: $65,000 low | high Med: $242,000 On site: 73 low | high Med: 3 | |
Market Activity 30273
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Learn More About This Property
| State | GA |
|---|---|
| County | Clayton |
| City | Rex |
| Zip Code | 30273 |
| Area | Clayton |
| School District | Mount Zion |
| Elementary School | Roberta Smith |
| High School | Mount Zion |
| Listing VS Median (in 30273) | |
Price: $65,000 low | high Med: $242,000 On site: 73 low | high Med: 3 | |
 | $189,9906679 Highway 42Rex, GA 30273 |