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0 New Hope Rd
142.36 Acres of Commercial Land Offered at $1,210,060 in Locust Grove, GA 30248
Data Room Click Here to Access
Property Facts
| Price | $1,210,060 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 142.36 AC |
| Property Type | Land |
| Price | $1,210,060 |
| 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 | $1,210,060 | Lot Size | 142.36 AC |
| Price Per AC | $8,500 |
| Price | $1,210,060 |
| Price Per AC | $8,500 |
| 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
| Parcel Number | 0170-01-002-004 | Improvements Assessment | $0 |
| Land Assessment | $308,480 | Total Assessment | $308,480 |
PROPERTY TAXES
zoning
| Zoning Code | RA (Agricultural) |
| RA (Agricultural) |
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John Speros -
JT Speros -
Ackerman & Co.
Presented by
0 New Hope Rd
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