00 Monroe Hwy Bogart, GA 30622
This exceptional 89.79-acre mixed-use development opportunity in Bogart, Georgia, presents a compelling investment prospect. Located on Highway 78, this property boasts convenient access to major thoroughfares, including Highways 53 and 316, placing it within easy reach of both Athens and Atlanta. The site is zoned B-2 and R-3, allowing for a diverse range of commercial and residential uses. Specifically, the zoning permits 179,000 square feet of commercial development across approximately 28 acres, complemented by an approved Continued Care Retirement Community (CCRC) plan for 517 units on over 62 acres. The property features over 3,000 feet of Highway 78 frontage, with convenient access points at Dials Mill Road, including a median cut across from Prince Avenue Christian School and Church. All utilities, including sewer, are readily available on-site. Its strategic location offers proximity to numerous amenities, including The Georgia Club, Lane Creek Golf Club, Oconee County Parks, and a variety of schools and shopping centers within a short radius. The property's proximity to the University of Georgia and downtown Athens (approximately 12 miles) and downtown Atlanta (under 60 miles) further enhances its appeal. The asking price for this fully zoned and utility-serviced property is $6,000,000. APN: B 01 084B & B 02 012E. Address: 00 Monroe Highway, Bogart, GA 30622.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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