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13340 New Providence Rd - 54± acres, Zoned AG1 - Milton - 1 ac lot Min.
54 Acres of Residential Land Offered at $5,800,000 in Alpharetta, GA 30004
Investment Highlights
- Over 1000 ft of road frontage on New Providence Rd
- Zoned AG1 - Agricultural (NO rezoning required w/ Min. lot size 1 acre) (building incentives given to min. 3 acre lots)
- Terrain: rolling, wooded, creek, pond
- ±6 miles to GA-400, ±4.5 miles to Hwy 9, Within 1.5 to 4 miles to schools
- Utilities available: water, power, telephone, cable (NO SEWER)
- Livable 1968 4BR 3.5BA ranch home on an unfinished basement on property(price does not give value to home)
Executive Summary
Data Room Click Here to Access
Property Facts
Price | $5,800,000 | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Residential |
Sale Conditions | Total Lot Size | 54.00 AC | |
No. Lots | 1 |
Price | $5,800,000 |
Sale Type | Investment or Owner User |
Sale Conditions | |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 54.00 AC |
1 Lot Available
Lot
Price | $5,800,000 | Lot Size | 54.00 AC |
Price Per AC | $107,407 |
Price | $5,800,000 |
Price Per AC | $107,407 |
Lot Size | 54.00 AC |
Description
Developers and Investors here is a great opportunity to acquire approximately 54 acres, zoned AG-1, located in prestigious Milton with over 1000ft of road frontage on New Providence Rd. One of the last parcel of this size in the area. Homes in this area are selling in the high $1M and above range. No rezoning required for minimum 1 acre lots. The 54 acres is comprised of two parcels; 22-3550-0997-040-3 and 22-3550-0997-041-1. Income producing cell tower lease on property. Best future use is single detached luxury residential redevelopment. Terrain: rolling, wooded, creek, pond. Livable 1968 4BR 3.5BA ranch home on an unfinished basement on property(price does not give value to home). . Located close to Alpharetta, Johns Creek, Zoned AG-1, which in Milton mandates that each lot must be at least 1 acre. Milton development proposals that comply with AG-1 zoning standards are permitted “by-right” and cannot be rejected if they meet all the necessary requirements. Development incentives are available with some relief to standard subdivision regulations for lots 3 acres and greater. Milton is accessible from Georgia 400, which runs southeast of the City limits, and multiple major highways cross through the city, including Highway 9 / Deerfield Road, State Route 372 / Birmingham Highway, and State Route 140 / Arnold Mill Road. **APPOINTMENT REQUIRED to walk property. Please do not walk property without making an appointment with Listing agent.**
PROPERTY TAXES
Parcel Number | 22-3550-0997-041-1 | Improvements Assessment | $0 |
Land Assessment | $730,440 | Total Assessment | $730,440 |
PROPERTY TAXES
zoning
Zoning Code | AG1 |
AG1 |
Presented by
13340 New Providence Rd - 54± acres, Zoned AG1 - Milton - 1 ac lot Min.
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