0 Rocky Creek Rd, Locust Grove, GA 30228
This exceptional 341.52-acre commercial land parcel is situated in Henry County, Georgia, on Rocky Creek Road, zip code 30228, near Hampton. Priced at $6,830,400 ($20,000/acre), this property presents a significant investment opportunity. Located approximately 4.5 miles from Atlanta Motor Speedway and Atlanta Speedway Airport (featuring a runway exceeding 5,500 feet), it's part of a planned 6,000+ acre megasite. The land boasts over 1 mile of paved road frontage on Rocky Creek Road and over 4,300 feet of gravel road frontage on Hall Rd/Happy Hollow Rd. It's adjacent to Cole Reservoir, offering 4,600+ feet of waterfront access. Over 250 acres were planted with pines in 2015, which remain unthinned. A small hunting cabin is also on the property. The location offers convenient access to shopping and restaurants in downtown Hampton and Hwy 20. Henry County is a highly desirable area, ranking as the 4th best-selling county in Metro Atlanta for new single-family home sales and the top-selling county south of I-20. Currently, there's a 29.1-month supply of vacant developed lots in the county, highlighting the strong demand. This property is one of the twelve largest parcels by acreage in Henry County, making it an excellent opportunity for a premium community development to address the area's growing housing needs.
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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
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No recorded transactions found for this property.
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Risks
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