Bought with Non-Mls Salesperson • Non-Mls Company
$1,210,000
$1,200,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
3.11 Acres Lot
SOLD DATE : 07/01/2024
Key Details
Sold Price $1,210,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10258655
Sold Date 07/01/24
HOA Y/N No
Annual Tax Amount $12,249
Tax Year 2022
Lot Size 3.110 Acres
Property Description
Prime Development Opportunity in Growing Medical Hub: Location: 3.11 acres in the City of Cummings, Georgia. Surroundings: Ideally situated amidst numerous medical specialists: Encompass Health Northside Hospital Georgia Heart Institute Major anchor stores Zoning: OP (Office Professional), offering flexibility for various developments. Development Potential: Previously approved for an 80-bed assisted living facility, with all permits obtained up to the Land Planning and Development (LPD) stage. This existing approval could expedite development for similar senior care projects or be adapted for alternative uses within the OP zoning. Significant infrastructure investment: $144,000 sewer tap fee already paid, reducing upfront costs for further development.
Location
State GA
County Forsyth
Exterior
Community Features None
Utilities Available Other
Building
Sewer Other
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
Acceptable Financing Cash, Conventional, Land Bank Loan, Other
Listing Terms Cash, Conventional, Land Bank Loan, Other
Financing Cash
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States