Calling all commercial and residential developers! The Norton Commercial Acreage Group is proud to present for sale this 4.91-Acre lot in Johns Creek, where there is significant demand for residential development but almost no supply of appropriate lots. This is a rare development with roughly 5 units per acre. Townhomes & single-family detached homes are selling at an average of $662,102 and $1,074,431 respectively within the Alpharetta HS district. Being close to major thoroughfares, site is also highly conducive to commercial development with potential uses including medical o?ce, small to mid-box retail, gym facilities, assisted living, and much more. With approximately 260 feet of road frontage on Fox Road, the site has level to gently rolling topography and no creek or public utilities are available including public sewer and water. With the average new home sales price in this school district so high and supply low, the market is solid for a new development on a tract as desirable as this.
Fulton County o?ers easy access to employment zones and some of the highest ranking schools in the state. Johns Creek is a suburb of Atlanta with a population of 82,230 o?ering residents a suburban feel with many restaurants, retail and parks. Subject property is a stone’s throw from Webb Bridge Park which o?ers great amenities, such as grass soccer, turf & baseball ES, Webb Bridge MS, Alpharetta HS school districts.
