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    OFF-MARKET
    Land

    0 Walt Carmichael Rd, Newnan, GA 30263

    20.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20.27-acre parcel, situated in desirable Northwest Coweta County, Georgia, presents a unique development opportunity. Located on the corner of Walt Carmichael Road and Rex Hyde Roads, this property is zoned for Residential/Agricultural use, offering significant potential for subdivision. A pre-existing plan, prepared by Neal Spradlin, outlines a subdivision into four individual lots, each exceeding 5 acres in size. This plan is readily available for review. The asking price for the entire 20.27-acre tract is $299,900. The property is being sold as a single, cohesive unit; individual lot sales are not permitted. This presents a rare chance to acquire a substantial land holding in a highly sought-after area of Coweta County, ideal for creating a private residential community or developing individual luxury homesites. The property's convenient location and ample acreage make it an attractive investment for builders and developers seeking a prime location in a growing market. The zip code is 30263, and the property is conveniently located near Newnan, GA. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 20.27 ac (882,961 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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