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Wooded Agricultural Land
New
For Sale
$3,200,000

7970 Rico Road, Palmetto, GA 30268

Land, Palmetto, GA

Property SizeContact for details
Lot Size161.25 Acres
Days on Market2

Property Features for 7970 Rico Road

General Information

Property type Land
Property subtype Single Family Residence
Zoning AG1
Zoning description Undeveloped/Zoned Agriculture
Vegetation Wooded
Subdivision Chattahoochee Hills
Lot features Level, Private
Elementary school Palmetto
Middle school Bear Creek - Fulton
High school Creekside
Directions GPS friendly.
Standard status Active
APN 08 130000430072
Lot size 161.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2310
Listing Agency: Atlanta Fine Homes Sotheby's International · Sotheby's International Realty
Listed By: CHASE MIZELL · License #311600
Added: Oct 6 Last Checked: Oct 7 at 11:06PM
MLS# 7841121

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 161.247-acre agricultural land holding is predominantly wooded, with mature trees across the property. Its prior pasture use is noted in the property information, and the tract is zoned AG1.

An adjoining tract of 50+ acres is being offered separately. Combined, the properties would total approximately 211 acres. Chattahoochee Hills’ hamlet development framework associates this type of development with a minimum land area of 200 contiguous acres; any development would remain subject to zoning, municipal approvals, and applicable requirements. Serenbe is nearby.

Key Highlights

  • 161.247 acres of predominantly wooded land
  • Zoned AG1
  • Adjoining 50+ acre tract offered separately

Property Analytics

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Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Electrical Service Bakery Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 30268, GA

10,560
Population
4,641
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
87%
High-School Grad
69.2 sq mi
ZIP Area
153
Density / Sq Mi
$71,792
Median Household Income
$39,430
Median Earnings
$1,224
Median Rent
$252,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - A substantial rural tract with mature tree cover and AG1 zoning, near Serenbe.
Where is this agricultural land / farmland located?
The property is located at 7970 Rico Road Palmetto, GA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 161.247 acres of predominantly wooded land; Zoned AG1; Adjoining 50+ acre tract offered separately
More about this property
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