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    999 Settles Rd Suwanee, GA 30024

    Sponsored
    For Sale
    $160,000

    Prime acreage for luxury development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 56.59-acre property in Suwanee, Georgia, presents a unique investment opportunity. Located at 999 Settles Rd, Forsyth County, zip code 30024 (latitude 34.1003486, longitude -84.1256819), this gently rolling land boasts two picturesque lakes, creating a serene and desirable setting. Currently zoned A1 (Agricultural), the sale is contingent upon rezoning to R-2, making it ideal for the development of high-end estate homes. The asking price is $160,000, translating to $160,000 per acre. Note that approximately 8-10 acres will be retained by the current owner, encompassing their personal residence and associated structures. This prime location in Suwanee offers easy access to local amenities and is situated within the thriving Forsyth County community. The property's natural beauty and potential for exclusive residential development make it a compelling investment prospect for discerning buyers seeking a high-value land acquisition in a sought-after Georgia location. Serious inquiries only.

    Property Features for 999 Settles Rd

    General Information

    Property type
    Land

    HighLights

    • 56.59‑acre property in Suwanee, GA (Forsyth County, 30024).
    • Two lakes on gently rolling terrain.
    • Currently zoned A‑1 (Agricultural), rezoning to R‑2 contingent on sale.
    • $160,000 asking price ($2,830 per acre).
    • Approximately 8‑10 acres will be retained by seller.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suwanee
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1256819
    Latitude
    34.1003486

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    FAQs

    What type of property is this?
    Land - Prime acreage for luxury development.
    Where is this land located?
    The property is located at 999 Settles Rd Suwanee, GA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: 56.59-acre property in Suwanee, GA (Forsyth County, 30024).; Two lakes on gently rolling terrain.; Currently zoned A-1 (Agricultural), rezoning to R-2 contingent on sale.
    (770) 955-2434
    Request Owner's contact information
    999 Settles Rd Suwanee, GA 30024
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    Suwanee, GA 30024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    999 Settles Rd Suwanee, GA 30024
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