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Cascade Palmetto Hwy & Rivertown Rd - Farm at Bear Creek 171 Acres of Agricultural Land Offered at $14,657,160 CAD in Palmetto, GA 30268

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EXECUTIVE SUMMARY

• This is an opportunity to develop and build in a large master-planned community to meet the immediate and growing housing needs for this market.
• Convenient access to surrounding amenities via Cascade Palmetto Hwy, South Fulton Parkway and Interstate 85.
• Approximately 15 miles from Hartsfield-Jackson International Airport, the world’s busiest airport that employs more than 63,000 people.
• Located in South Fulton, the 5th best-selling county in metro Atlanta for new Single Family Detached (“SFD”) house sales.
• There are only 2,733 vacant developed lots (“VDLs”) in the market, which is the lowest VDLs since 2003.
• Located in the Langston Hughes High School district where new detached homes had a sales price of $331,000 through 1Q22.
• The property is currently zoned AG-1 and is a working cattle farm.
• A sewer pump station is located southeast of the property and may be accessed via future easements.
• Approximately 65 acres are in pasture.
• Over 3,500 feet of paved road frontage on Cascade Palmetto Hwy and Rivertwn Road.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $14,657,160 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use Single Family Development
Total Lot Size 171.00 AC
Zoning AG - Agricultural

1 LOT AVAILABLE

Lot

Price $14,657,160 CAD
Price Per AC $85,714.39 CAD
Lot Size 171.00 AC
  • Listing ID: 27007931

  • Date on Market: 2022-10-31

  • Last Updated:

  • Address: Cascade Palmetto Hwy & Rivertown Rd, Palmetto, GA 30268

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