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$57,000 -$13,000 (-18.57%) Price Reduced
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Property Description
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 scalable 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.
Full Property Details
Full Property Details for 6661 Hwy 42 Hwy
General
- Price: $57,000
- Taxes: $1,320 (2025)
- Status: Active
- Type: Industrial
- Source: GAMLS_Atlanta
- MLS ID: 10670139
- Updated: 3/9/2026
- Added to Site: 56 day(s) ago
Location
- County: Clayton
- Driving Directions: From **I-75 South**, take the exit onto **I-675 South** toward Stockbridge. Continue on I-675 South and take **Exit 2 for US-23/SR-42 toward Stockbridge/Rex**. At the end of the ramp, turn **right onto Highway 42 (US-23/SR-42)**. Continue driving on Highway 42 for about **one mile**, and **6661 Highway 42, Rex, GA 30273** will be located **on the right-hand side**.
- Total Lots Available: 1
School Information
- Elementary School: Roberta Smith
- Middle School: Rex Mill
- High School: Mount Zion
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Current Bldg. Use: Commercial
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.774
- Lot Size Range: .774
- Lot Size Source: Public Records
- Present Use: Commercial
- Trees/Vegetation: Partially Wooded
- Lot Description: Other
Financial Considerations
- Tax Amount: $1,320
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: As Is
Listing Courtesy of: HomeSmart
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Schools
Schools serving 6661 Hwy 42 Hwy
School District:Clayton County School District
| Name | Grades | Distance |
|---|---|---|
Roberta T. Smith Elementary School 6340 Georgia 42, Rex, GA 30273 | K-5 | 1.3 mi |
Rex Mill Middle School 6380 Evans Drive, Rex, GA 30273 | 6-8 | 1.1 mi |
Mount Zion High School 2535 Mount Zion Parkway, Jonesboro, GA 30236 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6661 Hwy 42 Hwy
Date
Details
Price
Change
Source
3/09/2026
Price Reduced
$57,000
-18.57%
MLS
2/03/2026
Price Reduced
$70,000
-14.63%
MLS
1/06/2026
Listed
$82,000
64%
MLS
11/08/2022
Sold
$50,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6661 Hwy 42 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,408
302%
$34,480
—
2024
$1,345
86%
$34,480
72%
2023
$722
-53%
$20,000
-2%
2022
$1,524
177%
$20,480
47%
2021
$551
—
$13,960
—
2021
$551
-3%
$13,972
—
2019
$568
—
$13,980
—
2018
$568
—
$13,982
—
2017
$567
-38%
$13,941
-38%
2016
$909
2%
$22,347
—
2015
$894
2%
$22,353
1%
2014
$880
1%
$22,138
—
2013
$868
—
$22,140
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6661 Hwy 42 Hwy
6661 Highway 42 Highway, Rex, GA 30273 (MLS# 10670139) is a Industrial property with a lot size of 0.774 acres. 6661 Highway 42 Highway is currently listed for $57,000 and was received on January 12, 2026. Want to learn more about 6661 Highway 42 Highway? Do you have questions about finding other Industrial real estate for sale in Rex? You can browse all Rex real estate or contact a Coldwell Banker agent to request more information.

