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51 Pope St

4.14 Acres of Commercial Land Offered at $800,000 in Newnan, GA 30263

Investment Highlights

  • Value-add opportunity to build and sale
  • Great visibility and high traffic counts
  • Full package of required permits, plans, survey, and approved LDP
  • Versatile Market Appeal - Luxury Features

Executive Summary

An exceptional investment opportunity! This prime piece of developed land is fully approved for the construction of 11 townhomes, making it ideal for developers looking to create a modern, residential townhome community perfectly positioned in the growing City of Newnan. Newnan is located approximately 40 miles southwest of Atlanta.
Key features of the property include:
• Zoning and permits: All zoning approvals and building permits are in place, allowing for immediate construction of 11 townhomes.
• Infrastructure: The site is in process to build with essential infrastructure, including utilities such as water, electricity, and sewer lines, saving you time and upfront costs.
• Location: Nestled in a highly sought-after neighborhood, this land offers easy access to local amenities, schools, parks, and public transportation, ensuring strong market appeal for future homebuyers.
• Architectural Plans: Optional, pre-approved architectural plans for contemporary townhomes are available, showcasing designs for 3 to 4-bedroom units with private garages and outdoor living spaces.
• Builder – The seller as the builder, will help you to build the project if needed.
This project presents an excellent opportunity for developers to build and sell premium townhomes in a thriving area. Whether you're looking to create a luxury residential community or build high-demand homes, this land is ready for your vision.

Property Facts

Price $800,000
Sale Type Investment
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
Total Lot Size 4.14 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $800,000
Price Per AC $193,237
Lot Size 4.14 AC

An exceptional investment opportunity! This prime piece of developed land is fully approved for the construction of 11 townhomes, making it ideal for developers looking to create a modern, residential townhome community.

Description

Key features of the property include: • Zoning and permits: All zoning approvals and building permits are in place, allowing for immediate construction of 11 townhomes. • Infrastructure: The site is in process to build with essential infrastructure, including utilities such as water, electricity, and sewer lines, saving you time and upfront costs. • Location: Nestled in a highly sought-after neighborhood, this land offers easy access to local amenities, schools, parks, and public transportation, ensuring strong market appeal for future homebuyers. • Architectural Plans: Optional, pre-approved architectural plans for contemporary townhomes are available, showcasing designs for 3 to 4-bedroom units with private garages and outdoor living spaces. • Builder – The seller as the builder, will help you to build the project if needed. This project presents an excellent opportunity for developers to build and sell premium townhomes in a thriving area. Whether you're looking to create a luxury residential community or build high-demand homes, this land is ready for your vision.

zoning

Zoning Code R-3 (Muti-family)
R-3 (Muti-family)
  • Listing ID: 33418386

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 51 Pope St, Newnan, GA 30263

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