Old Rico Road, Palmetto, GA 30268

Listing office Gable Land Co. k***@gableland.com Show Phone

Listing date Apr 28, 2023

Source Crexi

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Overview

Located approximately 20 miles from Hartsfield Jackson International Airport, this property is situated just south of South Fulton Parkway, offering direct access to Downtown Atlanta. It lies within the city of Chattahoochee Hills, which was formed in 2007 with a vision of preservation, aiming to permanently protect 70% of its 37,473 acres. The property is located near the Serenbe Community, an urban village where 70% of the land is protected from development. As of 2022, the average price of new construction in Serenbe was almost $800,000 per home. The property is also south of the 800-acre Cochran Mill Park, which features 3 historic mill sites and over 18 miles of trails used by hikers, horseback riders, mountain bikers, and trail runners. The property consists of two parcels bisected by Old Rico Road, creating three potential farmettes of approximately 3.4 acres, 90.7 acres, and 27.7 acres. Old Rico Road is a gravel road, and the property has over 1,700 feet of road frontage. The Old Rico Farmettes may be purchased as one unit, or the owner will sell them as individual farmettes.

Map

City

Palmetto

County

Fulton

State

Georgia

Longitude

-84.7394686

Latitude

33.5600958

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FAQs

What type of property is this?

Agricultural land / Farmland - Land near Serenbe community, ideal for farmettes or development.

Where is this agricultural land / farmland located?

The property is located at Old Rico Road Palmetto, GA.

What is the asking price?

The asking price for this property is $3,045,000.

What are key features of this property?

This property features: Potential for multiple farmettes: 3.4+\/- acres, 90.7+\/- acres, and 27.7+\/- acre parcels; Located near the Serenbe Community; Proximity to 800‑acre Cochran Mill Park with 18+ miles of trails