13340 New Providence Rd - 54± acres, Zoned AG1 - Milton near Crabapple 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
  • 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)
  • ±6 miles to GA-400, ±4.5 miles to Hwy 9, Within 1.5 to 4 miles to schools
  • Terrain: rolling, wooded, creek, pond
  • Zoned AG1: Potential Use: Event Venue, Private school, Church, Subdivision 1 acre lot minimum(3 acre lots with incentives)

EXECUTIVE SUMMARY

Call Charlene at 770-718-6126 to schedule tour. Cell tower lease is conveyed with purchase. Plat shown is for ±55 acres, however, neighbor purchased one acre and property is ±54 acres

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $5,800,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 54.00 AC
Zoning AG1

1 LOT AVAILABLE

Lot

Price $5,800,000
Price Per AC $107,407.41
Lot Size 54.00 AC

54-acre AG-1 property in Milton with 1000+ ft of road frontage on New Providence Rd. Potential for wedding venue, school, church, estate, or luxury residential development. Income-producing cell tower. Rolling, wooded terrain with creek and pond.

DESCRIPTION

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. Potential future Use: Wedding Venue, Private School, Church, Legacy Estate, Multi-generational Family Commune, single detached luxury residential development. 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. 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 for subdivision development 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

  • Listing ID: 28192616

  • Date on Market: 4/10/2023

  • Last Updated:

  • Address: 13340 New Providence Rd, Alpharetta, GA 30004