DEVELOPMENT OPPORTUNITY | 2.9± ACRES | 3 PARCELS | OPPORTUNITY ZONE Rare development opportunity consisting of approximately 2.9 acres across three contiguous parcels at 5855, 5865 & 5877 Old Gordon Road in Mableton. Strategically located just off GA-139 / Mableton Parkway, with convenient access to I-20 and I-285, providing strong connectivity to Downtown Atlanta, Hartsfield-Jackson Atlanta International Airport, the Cumberland/Galleria area and the greater Metro Atlanta region. The property is also convenient to Six Flags Over Georgia, the Silver Comet Trail, shopping, dining and major employment corridors. Currently zoned R-20, the property offers compelling residential development potential. Importantly, nearby property has received RD (Residential Duplex) zoning, providing a relevant local zoning precedent and suggesting potential for increased density, subject to rezoning and approval by the City of Mableton. The property is also located within an Opportunity Zone, adding another consideration for investors and developers evaluating the site. Strong new-construction activity supports the area: recent new-construction residential sales within approximately one mile have ranged from roughly $420,000 to $680,000 during the past five months. With nearly three acres, three assembled parcels, excellent regional connectivity, nearby higher-density zoning precedent and strong surrounding new-construction values, this property presents an outstanding opportunity for a builder, developer or land investor. Buyer to independently verify zoning, Opportunity Zone status, allowable density, utilities, development feasibility and all governmental approvals.
Single-familyProperty Type
1982Year Built
2.9 acresLot Size
$640Price/Sq.Ft.
Listed by JONATHAN LIVNAT• Maximum One Realty Greater ATL.
Versatile Opportunity in Cobb County! Three parcels assembled that total 2.9 acres in size. The Opportunity is currently zoned R-20 (Residential 20k sqft lots). The Site offers a total of 303' of road frontage and several improvements. The improvements include a well maintained manufactured home- large workshop/ garage with multiple bays, offices, and loft area- and a 2 bedroom, 1 bathroom home that appears salvageable. The land consists of a mix of mature timber and a topography that is level at the front and varying in the rear.The Opportunity is in close proximity to commercial retail- interstate- airport- and multiple downtown areas.
FMLS #6611639
Nov 19, 2020
Sold
$175,000
$140/sq ft
Nov 12, 2020
Pending
—
Nov 3, 2020
Relisted
—
Oct 2, 2020
Pending
—
Sep 3, 2020
Price Changed
$197,500
$158/sq ft
Sep 1, 2020
Relisted
—
Jun 26, 2020
Pending
—
Jun 17, 2020
Contingent
—
Jun 15, 2020
Listing Removed
—
Apr 30, 2020
Price Changed
$224,800
$180/sq ft
Feb 21, 2020
Price Changed
$249,900
$200/sq ft
Jan 31, 2020
Price Changed
$250,000
$200/sq ft
Aug 23, 2019
Listed
$299,900
$240/sq ft
Great Investment in Cobb County! Offered below appraised VALUE- Three parcels assembled that total 2.9 acres in size. The Opportunity is currently zoned R-20 (Residential 20k sqft lots). The Site offers a total of 303' of road frontage and several improvements. The improvements include a well maintained manufactured home- large workshop/ garage with multiple bays, offices, and loft area- and a 2 bedroom, 1 bathroom home that appears salvageable. The land consists of a mix of mature timber and a topography that is level at the front and varying in the rear. The Opportunity is in close proximity to commercial retail- interstate- airport- and multiple downtown areas.
GAMLS #8653350
Feb 26, 2020
Listing Removed
—
Feb 21, 2020
Price Changed
$249,900
$200/sq ft
Sep 4, 2019
Listed
$299,900
$240/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,144 (+30.9%)
$41,800 + $62,548
$104,348
2024
$2,403
$33,000 + $46,688
$79,688
2023
$2,403 (−0.7%)
$33,000 + $46,688
$79,688
2022
$2,419 (+94.3%)
$33,000 + $46,688
$79,688
2021
$1,245 (−34.3%)
$17,432 + $23,576
$41,008
2020
$1,896 (+19.1%)
$22,000 + $40,460
$62,460
2019
$1,591 (+15.3%)
$22,000 + $40,460
$62,460
2018
$1,380 (+35.1%)
$10,560 + $34,900
$45,460
2017
$1,021
$7,040 + $28,488
$35,528
2016
$1,021 (+18.9%)
$7,040 + $28,488
$35,528
2014
$859 (−0.9%)
$7,040 + $21,884
$28,924
2013
$867 (−0.8%)
$7,040 + $21,884
$28,924
2012
$874 (−25.5%)
$7,040 + $21,884
$28,924
2011
$1,173 (−11.9%)
2010
$1,332
2009
$1,332 (+512.6%)
2008
$217
Public record
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.1 Acres
Year renovated
—
Finished Sq. Ft.
1,248
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,248
Year built
1982
Style
Single Family Residential
County
Cobb County
APN
18007700490
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 17 days in 30 years
4/10 Wind Factor
21% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Mableton, GA • 30126
Average low and high temperatures (°F)
50
32
60
39
71
47
77
55
78
61
86
68
90
73
83
68
82
66
73
54
66
47
56
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5855 Old Gordon Rd
$761,692
$37K under list price of $799K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $324K to $461K.