1151 Posey Rd - Posey Rd & I-85 73.8 Acres of Commercial Land Offered at $4,115,954 CAD in Newnan, GA 30265

EXECUTIVE SUMMARY

Posey Road is an opportunity to build a premium community to meet the immediate and growing housing needs in this market.
Excellent location just over 6 miles from Downtown Newnan, offering an array of dining, retail and entertainment.

PROPERTY FACTS Under Contract

Price $4,115,954 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Multifamily
  • Single Family Development
Total Lot Size 73.80 AC
Zoning RC

1 LOT AVAILABLE

Lot

Price $4,115,954 CAD
Price Per AC $55,771.74 CAD
Lot Size 73.80 AC

DESCRIPTION

Located just over 4 miles from Ashley Park, a major mixed-use development containing retail, commercial, restaurants, entertainment and recreational and health facilities and hotels. Convenient access to Interstate 85, as The Property is located less than 3 miles from the I-85/Sharpsburg McCullum Road interchange. Just north of the future Del Webb Newnan development with almost 1,000 age-restricted units. The Property has over 470 feet of frontage on Posey Road. Over 1,900 feet of frontage on I-85 which carries a traffic count of 81,600 vehicles per day. The majority of property is in the Complete Communities area with some of The Property being in the Employment Center-Industrial character area for the future land use.

  • Listing ID: 31782450

  • Date on Market: 2024-05-13

  • Last Updated:

  • Address: 1151 Posey Rd, Newnan, GA 30265