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Investment Highlights
- Less than 1/10th of a mile from brand new Publix Shopping center, and 2/10 of a mile to the 400/60 intersection
- Public Water & Power available
- Seller has cleared the property
- 300 feet of HWY 60 road frontage
- Property is less than 700 feet from gravity fed sewer lines
- Land Use Commercial Zoning - No public hearings for any use
Executive Summary
Location, Location! Prime commercial lot overlooking the Chestatee River at its widest point with 300 feet of HWY 60 road frontage, less than 1/10th of a mile from brand new Publix Shopping center that opened in the Fall of 2024, and 2/10 of a mile to the 400/60 intersection. 23,900 cars per day come through the 400/60 intersection. Public water and natural gas runs right in front of the property line. The power is serviced by Georgia Power. Fiber Optic high speed internet by Windstream. This property is less than 700 feet from gravity fed sewer lines. The seller has invested in clear cutting nearly the entire property, providing ease of walkability and a head start of developmental costs. Additionally, this property holds an easement to the driveway on the adjacent parcel, cutting construction costs and timely permitting with the DOT. This property would be a great investment as a buy and hold, or it can be developed into whatever suits your needs. Commercially zoned - Lumpkin County operates on "land use," rather than conventional zoning that has specific uses within commercial. Whatever your vision is, you can do it here without the timely and financial stress of worrying about the politics of how a vote will go or dealing with opposition at public hearings. This is your chance to get into real estate along the 400 corridor before prices become unaffordable. *Possible Assembly with adjacent properties - ask for more details!* Owner financing considered with 50% down and 10% interest.
Property Facts
| Price | $749,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | 1031 Exchange | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Zoning | Commercial | ||
| Price | $749,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $749,000 | Lot Size | 3.00 AC |
| Price Per AC | $249,666.67 |
| Price | $749,000 |
| Price Per AC | $249,666.67 |
| Lot Size | 3.00 AC |
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5197 S Chestatee
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