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0 Highway 42, Locust Grove, GA 30248

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For Sale

$375,000

6.5 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 6.5 acres
    Lot size

Explore this Property

Prime Development Opportunity - 6.5 Acres - $375,000 Attention Builders and Investors! This rare opportunity offers a 6.5-acre parcel ideal for commercial development with residential lofts above. The Future Land Use Plan designates this area for Office Space (Mixed Use), making it highly likely that a Residential Loft concept would align with zoning requirements. A suggested site design has been created to illustrate the development potential of this property, incorporating shared entrances, exits, yard lighting, and multiple septic systems (see pictures for example). Preliminary soil testing suggests the land has adequate space for a conventional septic system and necessary stormwater retention areas. Additionally, the property is not within a floodplain or designated wetlands, ensuring ease of development. While this listing includes only the 6.5-acre parcel, the suggested site design also shows how acquiring the neighboring property could further enhance development opportunities. This project is envisioned as a condominium-style development, where individual buildings or groups of buildings could be sold as fee-simple units under a shared Property Owners Association (POA). Common areas, such as driveways, parking lots, septic systems, and drainage infrastructure, would be collectively managed. Additional infrastructure studies are recommended, including a full survey and hydrology report, estimated at approximately $16,000 (not included in the sale price). A centralized stormwater management system will need to be designed to ensure proper drainage. The property also features prime road frontage, providing excellent visibility and exposure for potential businesses. Final site plans will require approval from Locust Grove Planning & Zoning. Once a buyer is identified, further studies and designs can be tailored to match specific development goals. This is a unique investment opportunity in a rapidly growing area. Contact us today for more details or to schedule a site visit.
MLS# 10520658

Courtesy Of Better Homes and Gardens Real Estate Metro Brokers

(404) 843-2500

Property Features

  • Architecture Style
    Other
  • Lot Size
    6.5 Acres

Map and Directions

Directions to 0 Highway 42, Locust Grove, GA 30248

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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