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0 New Hope Rd

142.36 Acres of Commercial Land Offered at $1,699,747 CAD in Locust Grove, GA 30248

Data Room Click Here to Access

Property Facts

Price $1,699,747 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 142.36 AC

1 Lot Available

Lot

Price $1,699,747 CAD
Price Per AC $11,940 CAD
Lot Size 142.36 AC

Description

-With 142.36 acres, the property allows for a large development offering a prime opportunity to enter into or expand within this market. -About 7 miles from Interstate 75, offering convenient access to the interstate via the Bill Gardner Parkway interchange. -Downtown McDonough is approximately 8 miles away, offering dining, retail and entertainment. -Located in Henry County, the 4th best-selling county in Metro Atlanta for new house sales. The months supply of vacant developed lots (“VDLs”) is currently 17.4. -Henry County currently has new detached houses selling for an average of $305,000. -Located in Locust Grove High School district with only an 14.9 months supply of VDLS, meaning land will need to be developed in order to meet the housing demand. -Located less than 1.5 miles from the 1,466 acre Tussahaw Reservoir, featuring walking trails and lake access.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0170-01-002-004
Land Assessment
$432,304 CAD
Improvements Assessment
$0 CAD
Total Assessment
$432,304 CAD

zoning

Zoning Code RA (Agricultural)
RA (Agricultural)
  • Listing ID: 24098116

  • Date on Market: 2021-09-15

  • Last Updated:

  • Address: 0 New Hope Rd, Locust Grove, GA 30248

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