770-596-2629
490 Riverside Pky, Austell, GA for Sale
Commercial LAND - FOR SALE
1/1
2,191,068 SF

490 Riverside Pky
Austell, GA 30168


HIGHLIGHTS

  • All public utilities are available.
  • Flexible zoning supports mixed-use, residential, and institutional uses.
  • Offered by South Cobb Redevelopment Authority with community support.
  • Strong demographics and short commutes to Metro Atlanta.
  • Minutes from Six Flags Over Georgia and major employment hubs.

OVERVIEW

Positioned just half a mile from the I-20/Riverside Parkway Exit 46A, this 50.3± acre redevelopment opportunity offers unmatched connectivity and potential in the heart of South Cobb. The site is being offered by the South Cobb Redevelopment Authority (SCRA), a public entity committed to revitalizing the region through transformative development. The property consists of two assembled parcels: the former Magnolia Crossing apartment site (12.42± acres), which has been fully cleared and grassed with a temporary detention pond in place, and the adjacent 37.88± acre parcel at 7001 Factory Shoals Road, which includes two residential homes and several storage structures. Together, the site is primed for redevelopment with flexible zoning and a wide range of potential uses. South Cobb is a vibrant and diverse area of Cobb County, offering a strong mix of residential, commercial, industrial, and tourism assets. The site is minutes from Six Flags Over Georgia, a 290-acre theme park and major regional attraction, enhancing the area’s visibility and traffic. Residents benefit from some of the best commute times to Metro Atlanta’s largest employment centers, making this location ideal for mixed-use or community-focused development. SCRA’s goal is to attract a buyer whose vision aligns with the Authority’s mission to elevate South Cobb through impactful redevelopment. Potential uses include retail, office, medical, senior housing, educational institutions, workforce development, residential, or religious facilities.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Mixed Use, Multi-Family, Apartment Units - Senior, Hold for Development, Medical, Religious Facility, Schools, Single Family Development

LAND ACRES

50.3 AC

LAND SF

2,191,068 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

PBC

APN/PARCEL ID

18-0490-0-004-0,18-0491-0-010-0,18-0590-0-002-0

ASK ABOUT THIS PROPERTY

Dan BuyersGreenwood CREMore Info
770-596-2629

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Dan BuyersGreenwood CREMore Info
770-596-2629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.