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7965 Spence Rd - High Growth Area, 3.71 acres, South Fulton 3.71 Acres of Commercial Land Offered at $699,000 in Fairburn, GA 30213
Investment Highlights
- Future Zoning Use Plan supports Commercial, High Density Residential, and O-I for the assemblage.
- Property has dual frontage on Hwy 92 (Spence) and Harris Roads allowing multiple access points.
- Proximity to Strong Growth Corridors of I-85 Exit 61 (Fairburn) and Exit 64 (Union City); 13 miles to Atlanta Airport, 22 miles to Downtown.
Executive Summary
The new Future Land Use Plan identifies this property assemblage as a "Community Live Work" area. This designation supports commercial, higher-density residential, and existing O-I zoning uses. The City is looking for the improvement of resident services—specifically retail, shopping, restaurants, and grocery stores—and projects strong growth and increasing property values for the area.
Assemblage consists of 3 parcels, with over 1100 feet of frontage on Spence and Harris Roads.
Parcel 1: 5385 Harris Rd - .91 acres.
Parcel 2: 7965 Spence Rd - 1.54 acres, corner of Spence and Harris Rd.
Parcel 3: 7955 Spence Rd - 1.26 acres. Estate property, probate.
Agent is principal of Harris Rd parcel, and related to owners of Spence Rd parcels.
Property Facts
1 Lot Available
Lot
| Price | $699,000 | Lot Size | 3.71 AC |
| Price Per AC | $188,409.70 |
| Price | $699,000 |
| Price Per AC | $188,409.70 |
| Lot Size | 3.71 AC |
3.71 acre assemblage 1 mile to Exit 61 (Senoia Rd/Fairburn) off Interstate 85, on State Hwy 92 (Spence Rd) with significant residential and commercial/ industrial business traffic to Peachtree City, Fairburn, Fayetteville, and surrounding areas.
Description
This parcel is well-suited for a variety of uses. It offers a strong corner presence due to its extensive road frontage: 535 feet on Spence Road (Highway 92) and 656 feet on Harris Road, totaling a combined frontage of over 1,190 feet. Additionally, the corner location allows for the potential installation of a traffic signal, which could enhance accessibility and visibility. Currently zoned Office - Institutional. Future Land Use supports Commercial, Higher Density Residential, O-I uses.
Property Taxes
| Parcel Numbers | Improvements Assessment | $69,840 | |
| Land Assessment | $50,240 | Total Assessment | $120,080 |
Property Taxes
Presented by
7965 Spence Rd - High Growth Area, 3.71 acres, South Fulton
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