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1151 Posey Rd - Posey Rd & I-85

73.8 Acres of Commercial Land Offered at $2,970,800 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.

Data Room Click Here to Access

Property Facts

Price $2,970,800
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

1 Lot Available

Lot

Price $2,970,800
Price Per AC $40,255
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.

zoning

Zoning Code RC
RC
  • Listing ID: 31782450

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 1151 Posey Rd, Newnan, GA 30265

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