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Property Location

2229 Mcdaniel Mill Road SW, Conyers GA 30094

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List Price $2,200,000

Units 1

Price / Unit $2,200,000

Est. Year 1 Cash Flow $-124,203 after debt service

2229 Mcdaniel Mill Road SW Conyers, GA 30094

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Joe Stockdale Real Estate is pleased to present to market a 60 plus acre tract of land off of 2229 McDaniel Mill Road SW, in Conyers, GA. This is an excellent multi-use property that has plenty of flexibility for different construction projects. Some examples of usage could be single family homes, recreational, agricultural, and timber, as well as other imagined uses. There are utilities available, but public sewer has not been connected at present. The land is remarkable in that it has 924 feet of road frontage on McDaniel Mill Road. This provides it with easy accessibility to Interstate I-20, GA-20, and GA-138. The flexibility of building applications for this real estate should make this very desirable for developers, builders, and residents. There are luxury home subdivisions with million dollar plus priced homes within a half mile radius of this property with more development anticipated to come. Honey Creek runs through the front portion of the land. This real estate has been zoned as AR (Agricultural / Residential) which makes it ready for residential development. This property is located in an upcoming area which presents an opportunity to provide residential housing in this region. There are a number of planned construction projects for properties adjacent to this land. Georgia Power recently purchased a tract of land in close proximity and constructed a power plant to support upcoming development in the area. There have been companies that expressed an interest about commercial building in the area. The city of Conyers has identified this part of Rockdale County a potential area for housing development. According to Rockdale County development guidance for this property, residential construction is allowed for single family detached dwellings for 2-4 units per acre. This real estate is in a prime location and ready to be transformed into something magnificent. Please schedule a time to visit and see what wonderful opportunities this property has to offer.

Investment Notes — Conyers

Located in the Conyers, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $2,200,000 Verified

 Est. Year 1 Cash Flow  $-124,203  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Conyers. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Other Conyers, GA multifamily properties currently available

Multifamily for sale: 1675 Oak Street NE, Conyers

3 Units

Review Further

$515,000

4.6% Cap -5.5% CoC est

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7736613 · Listing courtesy of Joe Stockdale Real Estate, LLC, Dexter B Marion · 678-495-7337

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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