0 Shoal Creek Rd Locust Grove, GA 30248
This exceptional 37.294-acre parcel presents a remarkable opportunity for residential development in Locust Grove, Georgia. Located at 0 Shoal Creek, zip code 30248, this property boasts a highly desirable R-2 Conservation zoning designation, allowing for the construction of up to 50 residential units. The asking price is $2,000,000. Situated in Henry County, Georgia, the land offers a strategic location with excellent access to local amenities and transportation networks. The property's expansive acreage provides ample space for a variety of residential development projects, from single-family homes to multi-family dwellings. Given its zoning and size, this land is ideally suited for developers seeking a prime location to build a substantial residential community. The latitude and longitude coordinates are 33.3393477 and -84.1109758 respectively. This is a rare opportunity to acquire a significant tract of land in a rapidly growing area, poised for substantial future appreciation. Serious inquiries are encouraged. The property is classified as residential land.
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.