0 Main St Hampton, GA 30228
This exceptional 15.45-acre commercial land parcel presents a remarkable investment opportunity in Hampton, Georgia, within Henry County. Currently approved for a preliminary plan for a future subdivision, this property offers the potential to develop up to 93 single-family detached lots. Strategically located on Main Street, it's less than a quarter-mile from the vibrant downtown Hampton area, providing convenient access to dining and shopping. The property boasts a prime location, less than two miles from the Atlanta Motor Speedway and Atlanta Speedway Airport, a significant asset with a runway exceeding 5,500 feet. This area is part of a larger 6,000-acre master-planned mega-site. Henry County itself is a highly desirable market, ranking as the fourth best-selling county in Metro Atlanta for new single-family home sales and the top-selling market south of I-20. The approved subdivision plan includes minimum lot widths ranging from 38 to 50 feet, designed for both front and rear entry homes. A key feature of the approved plans is the requirement for the purchaser to construct a 1,300 square foot open-air pavilion to serve the future subdivision. The asking price for this exceptional property is $2,790,000, translating to $180,583 per acre. This represents a compelling opportunity to capitalize on the strong demand for residential development in this thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.