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5347 Lacey Avenue

Morrow, GA 30260
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Bed 2

Bed

Bath 1

Bath

Acres0.24

Acre(Lot)

You've been considering developing. This is your opportunity. You need a spacious lot that is suitable for both business and personal. Look no further. You've been looking for a residential lot with strong agricultural and homestead potential. You're in luck. You have just come across one of the strongest infill opportunities in the city and it wasn't by mistake. Welcome to 5347 Lacey Ave. What makes this opportunity strategic and unique is that this 2 bed, 1 bath home, on approximately a quarter acre can be acquired individually for $145,000 as a rehab or redevelopment opportunity, or better yet, you have the option to purchase all 4 parcels combined for $210,000, unlocking the full potential of the 1.5 acre site. Whether you're looking to build multiple homes, create a long-term in vestment hold, or position yourself for future commercial use, this site gives you options. Positioned at the end of a dead-end street, the property benefits from limited traffic and added privacy, while still maintaining strong accessibility. It also features dual road frontage, giving you flexibility with layout, access points, and future development potential. Perhaps you're not familiar with the area, so here's what you need to know. You're minutes from Hartsfield-Jackson International Airport, roughly 15 minutes from downtown Atlanta, and surrounded by major interstates including I-75 and I-285, making connectivity seamless. The area continues to see steady growth with nearby residential and commercial development, positioning this as a smart long-term play. Even more important, there is rezoning potential to commercial use, which adds another layer of upside for investors looking to maximize the highest and best use of the land.With ARV per newly constructed home estimated around $240,000, this creates a potential revenue of up to $960,000. The pricing has been strategically positioned to allow for builder margin while still offering immediate upside. Opportunities like this with subdivision potential, dual road frontage, and future rezoning upside are becoming increasingly difficult to find in this market.

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Detail Ic Property Details

Property Type : Residential

Price : $145,000

AD Id : 76342626

MLS Id : 10716365

Beds : 2

Lot Size : 0.24 Acre

Year Built : 1968

Garage : 9

County : Clayton

Subdivision: Moore H G

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 2 Room Type: Den Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0 Full Baths Main: 1 Baths Full Lower: 0 Baths Full Upper: 0

    Water/Sewer

    Water Source: Public Water BodyName: NONE Sewer: Septic Tank
  • Interior Features

    Other Flooring: Other

    Appliances

    Other

    Utilities

    Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Cooling Features

    Electric,Gas,Other,Window Unit(s)

    Heating Source

    Other

    Fireplace

    Number of Fireplaces: 1

  • Building Information

    Built Year: 1968 Roof Type: Other Basement: None Common Walls: No Common Walls Levels: One Property Age: 58
  • Security Features

    Gated Community
  • Laundry Features

    None

    Fencing

    Front Yard

    Construction Materials

    Other

    Property Condition

    Fixer

  • Lot Information

    Lot Size (Acr): 0.241 Lot Size Source: Public Records Lot Features: Corner Lot,Private
  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: Other Subdivision: Moore H G City: Morrow State: GA Directions: Waze and Gps. Drive to the end of the dead-end road Property Status: New

  • Listing Price Information

    Original List Price: $145,000

  • Tax Information

    Annual Tax: $640 Tax Year: 2025
  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking: 9 Parking Features: None
  • Homeowners Association Information

    Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: None

  • School Information

    Elementary School: Morrow High School: Morrow High School Bus: Yes Middle School: Morrow Middle School Bus: Yes Source Neighborhood: Moore H G
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6486 Aquila Drive, Morrow, GA, 30260 $439,999 6 3 4,091 4,091 SqFt
2783 Mill Lake Way, Morrow, GA, 30260 $270,000 3 2 --
2815 Teal Landing Drive, Morrow, GA, 30260 $299,000 3 3 1,481 1,481 SqFt
2815 Teal Landing Drive, Morrow, GA, 30260 $299,000 3 2 1,481 1,481 SqFt
2707 Peggy Sue Lane, Morrow, GA, 30260 $166,000 3 2 1,248 1,248 SqFt
2707 Peggy Sue Lane, Morrow, GA, 30260 $166,000 3 3 1,248 1,248 SqFt
2705 Heritage Lane, Morrow, GA, 30260 $269,000 3 2 1,976 1,976 SqFt
2705 Heritage Lane, Morrow, GA, 30260 $269,000 3 3 --
6950 Knollwood Drive, Morrow, GA, 30260 $169,990 3 2 1,215 1,215 SqFt
6397 E Meyer Drive, Morrow, GA, 30260 $309,999 5 3 2,658 2,658 SqFt

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 04/06/2026 @ 19:20

MLS: 10716365 LISTED BY: Taylor Ingram, Keller Williams Realty Atlanta North 770-509-0700 SOURCE: Georgia MLS

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