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Active · Unimproved Land

6661 Highway 42, Rex

FMLS #7802257 · Status: Active · Listing Provided By: HomeSmart · 404-876-4901

$65,000
Listing photo 1, FMLS #7802257

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

IDX content last updated: Oct 3, 2026, 1:00 AM EDT

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