Residential Development Opportunity 48+/- Acres in Haralson County, GA

Asking Price$1,399,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Residential Development Opportunity 48+/- Acres in Haralson County, GA


Asking Price$1,399,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
There are a variety of options to build on this site. The 48 +/- acre property is in Haralson County, right on the edge of Temple, GA, providing the choice to keep current zoning, rezone, or pursue annexation into Temple for additional zoning options.

Current A-1 zoning allows for up to 3 homes on the property of at least 5 acres without having to rezone. Other current permitted uses include Livestock Facilities, Vineyards, Timber Production, Commercial Greenhouses, Special Events/Festivals and more.

Access the range of A-1 permitted uses or rezone to allow for a subdivision for the highest possible density. R-2 is the highest density zoning in Haralson County, which would allow for roughly 40 homes. Nearby new construction 4-bedroom homes are selling for well over $400,000 per home on smaller lots and over $650,000 on larger lots.

Builder friendly lot shape, allowing for even lot splits and maximum density. Relatively uniform grade reduces site work cost while still allowing the possibility for basements.

The Atlanta Metro Area continues to expand westward towards Temple, driving demand for new construction homes along the western corridor. Temple has a population expanding by 7% annually, and a median household income of $78k.

The Property has 1,000 feet of frontage on US Hwy 78 and nearly 1/2 mile in depth. Daily traffic averages over 7,800 vehicles passing by and the site is 2.5 miles from I-20. Location and traffic counts provide exposure for advertising.

Property is located adjacent to the City of Temple and can be annexed to tap into sewer! Sewer is available on the City side! Water is available along Hwy 78!

Just 25 minutes from Douglasville, GA! 45 Minutes from Atlanta, GA! 1 Hour from Marietta, GA! 1 Hour 45 Minutes from Birmingham, AL!

Asking Price: $29,000 Per Acre!

Asking Price for +/- 48 acres: $1,399,000!

Comparable properties nearby are listed for more than double this price at roughly $90,000 Per Acre!
About the Business
Facilities & Assets
48 +/- acre property.
Market Outlook / Competition
Temple has a population expanding by 7% annually, and a median household income of $78k. The Property has 1,000 feet of frontage on US Hwy 78 and nearly 1/2 mile in depth. Daily traffic averages over 7,800 vehicles passing by and the site is 2.5 miles from I-20. Location and traffic counts provide exposure for advertising.
Opportunities for Growth
Current A-1 zoning allows for up to 3 homes on the property of at least 5 acres without having to rezone. Other current permitted uses include Livestock Facilities, Vineyards, Timber Production, Commercial Greenhouses etc. Access the range of A-1 permitted uses or rezone to allow for a subdivision for the highest possible density. R-2 is the highest density zoning in Haralson County, which would allow for roughly 40 homes. Nearby new construction 4-bedroom homes are selling for well over $400,000 per home on smaller lots and over $650,000 on larger lots.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,090,880
Listing Info
ID
2337907
Listing Views
491
Business Location

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Business Listed by: Rutvik Emil Dmello River Brokers

Listing ID: 2337907 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.