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  • $3,500,000

    3684 Highway 5, Douglasville, GA 30135

    3beds
    49.62Acres
    Other, Unimproved Land
    Built in 1966
    49.62 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Back on the Market at a reduced price! This 49.62 Acres is a part of a 75 Acre Assemblage that has been Pre-Approved for an Mixed Use Development by Zoning Department of Douglas County. Conveniently located just outside of the city of Douglasville. The sewer line is located next door where we already have a Easement/Access point. A Lift Station would be needed Property does have a Power Easement that makes up a little over 10 acres undevelopable and a creek that actually starts on our property & would require a 150 ft buffer. Since the property sits in the Bear Creek Basin the County is lim. the impervious coverage to 25% for entire dev See also FMLS# 7346516, 7346502 Unique Investment Opportunity: Hybrid Entertainment & Technology Complex Welcome to a rare investment opportunity that seamlessly combines cutting-edge technology with world-class entertainment. This expansive property features a high-tech data center and an exciting water park venue, creating a dynamic mix of revenue streams. Perfect for investors seeking a diverse, profitable portfolio, this hybrid complex allows for multiple business models, ensuring year-round cash flow regardless of seasonal trends. Entertainment Venue Highlights: Site might be suitable for Andretti Indoor Karting & Attractions: Featuring a range of ticket options, from general admission and VIP passes to seasonal and family packages. The park also includes additional attractions like arcades, mini-golf, and go-kart tracks, ensuring guests of all ages have fun. Food & Beverage: Multiple dining options, from quick service to themed restaurants, provide varied options for every taste. Plus, you can drive additional revenue through bundled meal deals and in-park retail, offering swimwear, toys, and park-related souvenirs. Events & Private Rentals: From corporate retreats to private parties, there's space for both business and leisure. Special events like holiday celebrations, concerts, and themed nights provide exciting opportunities for additional revenue. Data Center Features: Colocation & Server Hosting: Offer a range of services, from dedicated server hosting to private cloud solutions, perfect for businesses in need of secure, reliable infrastructure. Cloud Services & Data Storage: Capitalize on the growing demand for cloud-based services and data storage, offering flexible pricing models for companies across various industries. High-Speed Connectivity & IT Services: Rent out high-speed internet bandwidth, offer managed IT support, and provide disaster recovery solutions, creating long-term, stable revenue. Hybrid Revenue Models: Tech + Entertainment Events: Host tech expos, hackathons, and esports tournaments, blending business and leisure. These events can take place in both the data center and water park, offering networking opportunities and fun for participants. This exceptional property provides a solid foundation for growth, with integrated entertainment and technology offerings that maximize revenue potential. Whether it’s leveraging the seasonal attractions of the water park or the year-round reliability of the data center, this investment is designed to thrive in any market condition. For more information about additional acreage contact the listing agent directly Site shows well as the majority of the property has been cleared and is drivable. Just send me a text with Name, License Number, and Email Address as the property is currently occupied. Property is Being Sold AS-IS, with No Sellers Disclosure Statement 1.Subject property includes 48.612 Acres +/- 3684 Highway 5 Douglasville, GA 30135-2302. Parcel ID00990250188, Plat Book/ Page 1122/470& The 1.01 Acres, house located at 3688 Highway 5 Douglasville, GA 30135-2302. Year Built 1966Parcel ID 00990250136, Plat Book/ Page 2899/4392. Property is Being Sold AS-IS, with No Sellers Disclosure Statement. Seller has requested that No Sign be placed in the Yard
    885 days
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    26
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Wallace,

    HomeSmart 678-914-8134

    Source: FMLS GA,MLS#: 7337593MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Other
      Primary bedroom
      • Features: None
      • Level: None
      Bedroom
      • Features: None
      Primary bathroom
      • Features: Other
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch
      • Exterior features: No Dock
      • Fencing: Fenced,Wood
      • Has view: Yes
      • View description: Other
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 49.62 Acres
      • Dimensions: 780x2002x1521x1606
      • Features: Other
      • Residential vegetation: Cleared, Grassed, Partially Wooded, Mixed Timber
      Details
      • Additional structures: Barn(s), Shed(s), Stable(s)
      • Parcel number: 00990250188
      • Zoning: res
      • Zoning description: Developed/Zoned Residential
      • Other equipment: None
      • Horses can be raised: Yes
      • Horse amenities: Pasture, Stable(s)

      Utilities & green energy

      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: None
      • Security: None
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Douglasville

      Financial & listing details

      • Tax assessed value: $351,400
      • Annual tax amount: $3,533
      • Date on market: 2/15/2024
      • Cumulative days on market: 699 days
      • Listing terms: 1031 Exchange,Cash,Land Bank
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,601/mo

        Price history

        DateEventPrice
        3/5/2026Price change$3,500,000-22.2%
        Source: GAMLS #10252938 Report a problem
        8/15/2025Price change$4,500,000-18.2%
        Source: FMLS GA #7337593 Report a problem
        12/5/2024Price change$5,500,0000%
        Source: FMLS GA #7337593 Report a problem
        10/4/2024Price change$5,500,001+0%
        Source: FMLS GA #7337593 Report a problem
        8/8/2024Price change$5,500,000-15.4%
        Source: GAMLS #10252938 Report a problem
        2/15/2024Listed for sale$6,500,000+480.3%
        Source: GAMLS #10252938 Report a problem
        12/15/2011Sold$1,120,023
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,415 -0.2%$140,560
        2024$4,422 -1.1%$140,560
        2023$4,470 +26.3%$140,560 +29.6%
        2022$3,538 +338.2%$108,496 +0.5%
        2021$808 +4.9%$107,948
        2020$770 +21.6%$107,948 +3.9%
        2019$633 +1.4%$103,936 +0.3%
        2018$624 +4.6%$103,644 -8.7%
        2017$597 +1.7%$113,568 +2029.9%
        2016$587 +5.1%$5,332 -94.7%
        2015$558 $100,888 -22.4%
        2014$558 $129,956
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30135

        Getting around

        14 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bill Arp
        • Middle: Yeager
        • High: Alexander

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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