Great infill residential development opportunity in growing SW of Atlanta I-85 corridor. Zoned Neighborhood Commercial with rezoning to R2 being a prospect. Seller Financing available. This property is ideally located and surrounded by established residential development in the city of Palmetto, Georgia. This parcel is a great infill parcel in a well-established neighborhood. In walking distance to Palmetto Elementary school. As this I-85 corridor southwest of Atlanta continues to grow this property is well positioned for immediate development. Of the 16 acres, 14 acres was has been approved for rezoning to the R2 designation for Palmetto, GA in Fulton County. R2 zoning which allows approximately 3 units per acre. The remaining 2 acres was approved to remain as Neighborhood Commercial. This rezoning has not been completed due to concerns over a limited water supply availability for new development within the City of Palmetto. Due to this water issue, a use under Neighborhood Commercial may represent the best use of this property. Seller financing is available to a qualified party: Proposed terms: 20% Down payment, 3 Year Balloon Note amortized for 20 years, 5% Interest
Last Agent to Sell the Property
Chatt River Realty Brokerage Phone: 8282312185 License #113866
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| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2024 10/30/24 | Sold | $359,000 | 0.0% | -- |
| 01/07/2024 01/07/24 | For Sale | $359,000 | -- | -- |
$364,770
BEAUTIFUL 13.51+/- ACRES Located 20+/- Minutes From The Atlanta Airport! This property has pasture, pines & hardwoods, which make a relaxed country living for someone to build their dream home with their builder of choice. There is also a view of the neighbors 7 acre lake!! Minutes from Serenbe!!
Tom Barron Lindsey's Inc., Realtors
$306,000
Located at the end of a short gravel lane, this secluded 12.7+/- acre lot features a large elevated build site with expansive North West views towardbeautiful Pea Creek, which boarders the property. With a long driveway, which has already been graded in, you will not find a more peaceful location.Experience the feel of mountain living 40 minutes from downtown and 25 minutes to the
Lisa Smith Atlanta Communities
Source: Georgia MLS
MLS Number: 10238748
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