8986 Highway 29 Newnan, GA 30263
- Mixed-use properties
- 91.90 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 8986 Highway 29
- Lot size
- 91.90 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 91.9-acre mixed-use property in Coweta County, Georgia, presents a remarkable investment opportunity. Located at 8986 Highway 29 S, Hull, GA 30263 (APN: 0018-054), this expansive tract boasts ideal visibility and accessibility, situated on the corner of Highway 106 and Highway 29. The land is beautifully landscaped, featuring a blend of cleared areas and private sections with trees and perimeter fencing, offering a balance of openness and seclusion. The terrain is largely level with some gentle rolling hills. The property includes road frontage on Norwood Road, providing multiple access points. Currently, the property includes ten single-family residential structures with existing income potential. The strategic location across Highway 29 from the Ingles Shopping Center and near Hull-Sanford Elementary School further enhances its appeal. A recorded easement behind the Family Dollar store adds to the property's value. The recent approval of Bubba Watson's affiliated The Rose Golf Club (588 acres, including 147 homes projected at $500,000-$1 million+) by the Madison County Board of Commissioners (January 2024) significantly increases the development potential. The availability of potential sewer access opens doors for higher-density residential or mixed-use development. Asking price is $4,600,000. Note: A cell phone tower and associated land and easement are not included in this sale.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.7835
- Latitude
- 33.3357
