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Cascade Palmetto Hwy & Rivertown Rd - Farm at Bear Creek 171 Acres of Agricultural Land Offered at $10,500,000 in Palmetto, GA 30268
EXECUTIVE SUMMARY
• This is an opportunity to develop and build in a large master-planned community to meet the immediate and growing housing needs for this market.
• Convenient access to surrounding amenities via Cascade Palmetto Hwy, South Fulton Parkway and Interstate 85.
• Approximately 15 miles from Hartsfield-Jackson International Airport, the world’s busiest airport that employs more than 63,000 people.
• Located in South Fulton, the 5th best-selling county in metro Atlanta for new Single Family Detached (“SFD”) house sales.
• There are only 2,733 vacant developed lots (“VDLs”) in the market, which is the lowest VDLs since 2003.
• Located in the Langston Hughes High School district where new detached homes had a sales price of $331,000 through 1Q22.
• The property is currently zoned AG-1 and is a working cattle farm.
• A sewer pump station is located southeast of the property and may be accessed via future easements.
• Approximately 65 acres are in pasture.
• Over 3,500 feet of paved road frontage on Cascade Palmetto Hwy and Rivertwn Road.
• Convenient access to surrounding amenities via Cascade Palmetto Hwy, South Fulton Parkway and Interstate 85.
• Approximately 15 miles from Hartsfield-Jackson International Airport, the world’s busiest airport that employs more than 63,000 people.
• Located in South Fulton, the 5th best-selling county in metro Atlanta for new Single Family Detached (“SFD”) house sales.
• There are only 2,733 vacant developed lots (“VDLs”) in the market, which is the lowest VDLs since 2003.
• Located in the Langston Hughes High School district where new detached homes had a sales price of $331,000 through 1Q22.
• The property is currently zoned AG-1 and is a working cattle farm.
• A sewer pump station is located southeast of the property and may be accessed via future easements.
• Approximately 65 acres are in pasture.
• Over 3,500 feet of paved road frontage on Cascade Palmetto Hwy and Rivertwn Road.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $10,500,000 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 171.00 AC |
| Property Type | Land | ||
| Zoning | AG - Agricultural | ||
| Price | $10,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Single Family Development |
| Total Lot Size | 171.00 AC |
| Zoning | AG - Agricultural |
1 LOT AVAILABLE
Lot
| Price | $10,500,000 | Lot Size | 171.00 AC |
| Price Per AC | $61,403.51 |
| Price | $10,500,000 |
| Price Per AC | $61,403.51 |
| Lot Size | 171.00 AC |
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Cascade Palmetto Hwy & Rivertown Rd - Farm at Bear Creek
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