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5347 Lacey Avenue

Morrow, GA 30260

Petra Bauer
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630-484-8409
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Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10716365
2 Bedrooms
1 Bathrooms
0 Half Baths
0 Square FeetNot Provided
Summary of 5347 Lacey Avenue
You've been considering developing. This is your opportunity. You need a spacious lot that is suitable for both business and personal. Look no further. You've been looking for a residential lot with strong agricultural and homestead potential. You're in luck. You have just come across one of the strongest infill opportunities in the city and it wasn't by mistake. Welcome to 5347 Lacey Ave. What makes this opportunity strategic and unique is that this 2 bed, 1 bath home, on approximately a quarter acre can be acquired individually for $145,000 as a rehab or redevelopment opportunity, or better yet, you have the option to purchase all 4 parcels combined for $210,000, unlocking the full potential of the 1.5 acre site. Whether you're looking to build multiple homes, create a long-term investment hold, or position yourself for future commercial use, this site gives you options. Positioned at the end of a dead-end street, the property benefits from limited traffic and added privacy, while still maintaining strong accessibility. It also features dual road frontage, giving you flexibility with layout, access points, and future development potential. Perhaps you're not familiar with the area, so here's what you need to know. You're minutes from Hartsfield-Jackson International Airport, roughly 15 minutes from downtown Atlanta, and surrounded by major interstates including I-75 and I-285, making connectivity seamless. The area continues to see steady growth with nearby residential and commercial development, positioning this as a smart long-term play. Even more important, there is rezoning potential to commercial use, which adds another layer of upside for investors looking to maximize the highest and best use of the land.With ARV per newly constructed home estimated around $240,000, this creates a potential revenue of up to $960,000. The pricing has been strategically positioned to allow for builder margin while still offering immediate upside. Opportunities like this with subdivision potential, dual road frontage, and future rezoning upside are becoming increasingly difficult to find in this market.
Discover this inviting 2-bedroom, 1-bath home located in the well established community of Moore H G. An open and comfortable floor plan makes it easy to relax, work, and entertain. The kitchen was planned for both everyday meals and special occasions, with plenty of room to cook, serve, and connect. Open concept living and dining spaces create a comfortable setting for gatherings of all kinds. Outside, the property offers approximately 0.241 acres, giving ample room to relax, play, or plan future outdoor projects. The property includes parking available for multiple vehicles, offering convenience for residents and guests. Moore H G offers a well established community setting in Morrow with convenient access to local shopping, dining, and major routes. This home has been available for approximately 13 days and continues to attract interest. With an asking price of $145,000, this property represents an appealing opportunity in the current market.
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5347 Lacey Avenue - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
Moore H G
Association
No
Additional Information about
5347 Lacey Avenue
County
Neighborhood
Year Built
1968
Appliances
Other
Architectural Style
Ranch
Foundation
Slab
Construction Materials
Other
Cooling
Electric
Gas
Other
Window Unit(s)
Heating
Other
Home Warranty
No
Laundry Features
None
Levels
One
Financing Available
1031 Exchange
Cash
Conventional
Private Financing Available
Other Structures
Barn(s)
Selling Status
Fixer
Rooms
Den
Security Features
Gated Community
Sewer Type
Septic Tank
Total Fire Places
1
Utilities
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Sewer Available
Water Available
Water Source
Public
Dock
Yes
Land Information
Lot Size
Less than .5 Acres
Lot Features
Corner Lot
Private
Lot Size Estimated
0.241
Fencing
Front Yard
View
City,Seasonal View,Valley
Water Front Features
No Dock Or Boathouse
Garages and Parking Information
Parking Total
9
Tax Information
Taxes
$640
Tax Year
2025
Tax ID Number
12179D A009
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listed by real estate agent taylor ingram and keller williams realty atlanta north