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Sold on 04/14/2016

5461 N Lake Dr, Morrow, GA 30260

  • $58,995

    Last sold 04/14/2016 for $235K

  • —

    bed

  • —

    bath

  • 6,200

    Sqft ($38/Sqft)

Commercial not for sale
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About 5461 N Lake Dr

Property type Commercial
Year built 1979
HOA fee $0/month
Lot size 2.44 Acre
Movoto estimate
Property description
BANK OWNED! FINANCING AVAILABLE! Property has a large 2.44 acre lot with plenty of parking for large vehicles, equipment and trailers. Building is subdivided into two 2500+ sq ft. spaces with high ceilings and roll up doors in both units. Perfect for warehouse, mechanical contractors, or similar. $600/mo in rent is coming in currently for back parking areas. Bank will finance with terms: 85% loan to cost. Buyer pays 15% cash at closing. 10 years. 1st 5 years fixed at 4.75% and 2nd 5 years fix at the then Prime + 1%. Monthly P&I payments at 20yr amort. Located on easy access street in Morrow / Lake City just a mile from Clayton State University and from Forest Parkway. I-75 is less than 10 min away. Near industrial and business parks.
Listed by
Listing Agent - Joe Watkins
Listing Office - BRAVO GROUP REAL ESTATE
Source: Georgia MLS mls logo
MLS#7475749 • last updated 9 years ago
Movoto checked Georgia MLS for data 23 minutes ago
Overview
Heating Gas, Other (See Remarks)
Status Sold
Square Footage 5000-10000
MLS # 7475749
Type Commercial
Finished SqFt 6200
Lot Size 2-5 Acres
Lot Size (Acres) 2.44
Property Taxes 2587.11
Property Condition Resale
Year Built 1979
Interior
Flooring Concrete Slab/Grade
Exterior
Roof Type Other (See Remarks)
Parking CM Paved Lot
Total Parking 30
Amenities / Utilities
Energy Related None
Location
Location Freestanding
Area CLAY
County Clayton
Zoning GB
Directions See Google Map
APN 12175B C002
  • Apr 2016
    mls logo MLS # 7475749
  • Apr 28, 2016 Sold
    $235,000 (-2.0%)
  • Jun 16, 2015 Listed
    $239,900

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Nearby homes for sale in Morrow, GA

  • Real Estate
  • GA
  • Clayton County
  • Morrow
  • 30260
  • 5461 N Lake Dr
$58.9K
Range: $53K-$64.8K
Last 30 days 
  • 5461 N Lake Dr
    $235K
  • —
  • 30260
    $240K -2% y/y
  • Morrow
    $240K -3% y/y
No chart available
Statistics calculated by Movoto
6/10
Morrow Elementary School
public Grades PK, K-5
Clayton County School District
4/10
Morrow Middle School
public Grades 6-8
Clayton County School District
4/10
Morrow High School
public Grades 9-12
Clayton County School District
Source: GreatSchools.org © 2026. All rights reserved.
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