12175 Ga-74 Forsyth, GA 31029
This exceptional 142.18-acre property in Forsyth, Georgia, presents a unique investment opportunity. Located on Highway 74, this Monroe County land boasts significant road frontage (approximately 4000 ft) and offers a diverse landscape including hardwoods, pines, open land, and a creek with a potential pond site. Previously appraised timber value was approximately $220,000. The property's zoning permits agricultural use and is ideal for recreational or hunting purposes. Its prime location and versatility make it suitable for various development scenarios. The seller is open to selling the entire tract or subdividing it into four parcels. Two larger tracts of approximately 63 acres each are available at $7,000 per acre. Two smaller tracts are also available: one 8.7-acre parcel and one 11.6-acre parcel, both priced at $10,000 per acre. The asking price for the entire 142.18-acre property is $799,000. The property's APN is 046 010. This is a rare chance to acquire a substantial land holding with diverse potential uses in a desirable Georgia location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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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