Property Description

***A CONFIDENTIALITY AGREEMENT MUST BE EXECUTED FOR PRICING*** National Land Realty is pleased to showcase a 16.22-acre parcel within one of Metro Atlanta's high-growth areas. The site is strategically located in the City of South Fulton, home to high earners and high rents. It provides convenient access to both I-85 and I-285, Hartsfield-Jackson Atlanta International Airport, a variety of nearby retail centers and amenities, and a myriad of employment hubs that drive strong demand for new housing. Zoned TR (Townhouse Residential), the property is ideal for medium-density residential communities, with sewer and utilities readily available. This large, residential tract presents an opportunity for seasoned developers and investors who have the vision to create a unique, terraced multifamily, neighborhood development donned with stormwater retention and recreational amenities, which could potentially provide state and local incentives, thus increasing the number of doors and widening the yield for the savvy buyer, respectively. Featuring approximately 285 feet of frontage along Jerome Road and approximately 341 feet of frontage along Three Lakes Drive with utilities nearby and gently sloping to mostly level terrain, the property's size, zoning, and location provide multiple options for builders, developers, or investors seeking a site with excellent long term potential in a high growth corridor where TR zoned land is increasingly limited. Pricing is below market. For more information, visit the following link to sign the Confidentiality Agreement - https://www.crexi.com/properties/2144933/georgia-highly-accessible-south-fulton-multifamily-tract

Property Features

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