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302 Rice Hope Plantation Rd - 50 acre tract at Rice Hope Plantation 50 Acres of Residential Land Offered at $7,160,000 in Port Wentworth, GA 31407
Investment Highlights
- 179 Fully Entitled Lots
- Product mix with 42' wide and 52' wide x 120' deep lots
- Option to create an Active Adult or Age Targeted community
- Opportunity to purchase in 2 takedowns
- Townhomes are an option
- Large upland acreage available for future phases
Executive Summary
Closing: Within 15 days of recieving formal approval from the City of Port Wentworth, but no later than 1/31/27.
Status of Land at Closing: Fully entitled and permit ready with no infrastructure installed by Seller. A lift station will be necessary.
Buyer responsible for engineering and permitting.
Purchase Price: Bulk Closing, $40,000 per lot.
If structured payment, $50,000 per lot. No more than 2 takedowns.
Methods of purchase:
1. All cash at the initial and subsequent closings.
2. If at least 50% of total consideration is paid at the initial closing, Seller will consider structures that meaningfully increase overall proceeds (true-up or fixed price payments upon the sale of the homes).
Status of Land at Closing: Fully entitled and permit ready with no infrastructure installed by Seller. A lift station will be necessary.
Buyer responsible for engineering and permitting.
Purchase Price: Bulk Closing, $40,000 per lot.
If structured payment, $50,000 per lot. No more than 2 takedowns.
Methods of purchase:
1. All cash at the initial and subsequent closings.
2. If at least 50% of total consideration is paid at the initial closing, Seller will consider structures that meaningfully increase overall proceeds (true-up or fixed price payments upon the sale of the homes).
Property Facts
| Price | $7,160,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 50.00 AC |
| Property Type | Land | ||
| Zoning | PUD - Rice Hope Planned Unit Development | ||
| Price | $7,160,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 50.00 AC |
| Zoning | PUD - Rice Hope Planned Unit Development |
1 Lot Available
Lot
| Price | $7,160,000 | Lot Size | 50.00 AC |
| Price Per AC | $143,200.00 |
| Price | $7,160,000 |
| Price Per AC | $143,200.00 |
| Lot Size | 50.00 AC |
50 acre tract in Rice Hope Plantation. 35 acres South of Rice Hope Plantation Road and 15 acres North of the road. Currently planned for 179 single family residential lots. Seller to deliver fully entitled and permit ready lots.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,451,400 | Total Assessment | $1,451,400 |
Property Taxes
Parcel Numbers
Land Assessment
$1,451,400
Improvements Assessment
$0
Total Assessment
$1,451,400
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302 Rice Hope Plantation Rd - 50 acre tract at Rice Hope Plantation