0 21.92 Ac Wright Ml Rd Morganton, GA 30560
This exceptional 21.92-acre property in Morganton, Georgia, presents a unique investment opportunity. Located on Wright Mill Road, it boasts prime direct access to Highway 515, ensuring high visibility and convenient access. The land itself is level and picturesque, offering stunning mountain views. A significant feature is approximately 1500 feet of frontage along Hemptown Creek, a trout stream adding to the property's natural beauty and recreational potential. The site is further enhanced by a completed perc test and existing power infrastructure, significantly reducing development hurdles. This combination of accessibility, scenic beauty, and readily available utilities makes this land ideal for a variety of uses. Consider an RV park catering to outdoor enthusiasts, an agritourism venture combining agriculture and tourism, or other commercial developments. The possibilities are numerous, making this a rare chance to capitalize on the thriving region's potential. The property is zoned for manufacturing and is offered at $1,300,000. The address is 21.92 Ac Wright Mill Road, Morganton, GA 30560, located in Fannin County.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.