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- RE: Residential Development Opportunity In Temple, GA!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $1,920,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 981012 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
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 $78,000.
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.
No sewer available. All construction will require use of septic tanks unless annexed into the City of Temple. 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: $40,000 Per Acre!
Asking Price for +/- 48 acres: $1,920,000!
Comparable properties nearby are listed for more than double this price at roughly $90,000 Per Acre!
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
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Market Competition and Expansion:
Just 25 minutes from Douglasville, GA! 45 Minutes from Atlanta, GA! 1 Hour from Marietta, GA! 1 Hour 45 Minutes from Birmingham, AL!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
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