Prime .77-Acre RM-Zoned Development Opportunity | Multifamily & Institutional Potential Strategically positioned .77-acre parcel zoned RM (Multiple Family Residential), offering immediate development potential with all utilities available at the site. This property is ideally suited for a multifamily development, townhome project, or build-to-rent community, delivering the density and flexibility today’s residential market demands. Permitted uses include multifamily dwellings such as apartments or condominiums; townhomes and row homes; senior living, assisted living, or nursing facilities; institutional use including educational institutions; and approved residential-based operations. The RM zoning supports a range of development strategies, allowing investors to pursue long-term rental income, for-sale product, or specialized housing models. With utilities in place and nearly three-quarters of an acre to design an efficient site plan, this parcel presents a streamlined path from acquisition to construction. Ideal for multifamily developers, build-to-rent operators, senior housing investors, and institutional users seeking residential zoning flexibility with potential upside. Located less than one minute from I-675, with quick access to I-75 and I-285, and approximately a 20-minute commute to Hartsfield-Jackson Atlanta International Airport, this parcel combines strategic location with long-term upside in a growing corridor. Buyer to verify intended use with local planning and zoning
Active
$65,000
6661 Highway 42 #31, Rex, GA 30273
0beds
0baths
0.77Acres
Unimproved Land
Built in 1967
0.77 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 56 days
- 39
- 2
Zillow last checked:
Listing updated:
Listed by:
Henry Mitchell,
HomeSmart 678-362-7237
Source: FMLS GA,MLS#: 7802257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.77 Acres
- Dimensions: 1105x3150
- Features: Other
- Residential vegetation: Partially Wooded, Mixed Timber
Details
- Additional structures: None
- Parcel number: 12104B B031
- Zoning: RM
- Zoning description: Commercial
- Other equipment: None
- Horse amenities: None
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Rex
Financial & listing details
- Annual tax amount: $1,320
- Date on market: 7/6/2026
- Cumulative days on market: 237 days
- Electric utility on property: Yes
- Road surface type: Paved, Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $65,000+14% |
Source: | ||
| 7/7/2026 | Listing removed | $57,000 |
Source: | ||
| 3/9/2026 | Price change | $57,000-18.6% |
Source: | ||
| 2/3/2026 | Price change | $70,000-14.6% |
Source: | ||
| 1/14/2026 | Listed for sale | $82,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 30273
Nearby schools
Schools provided by the listing agent
- Elementary: Roberta T. Smith
- Middle: Rex Mill
- High: Mount Zion - Clayton
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





