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    OFF-MARKET
    Land

    0 Capps Ferry Rd, Palmetto, GA 30135

    713.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 713.08-acre commercial land parcel, known as Chattahoochee Meadows, presents a unique investment opportunity in Douglas County, Georgia. Located on Capps Ferry Road, near Douglasville (zip code 30135), this property boasts an approved plat for 606 detached lots, each a minimum of 15,000 square feet with an 80-foot minimum width. The land is priced at $19,998,000, translating to $28,045 per acre. Its strategic location offers significant advantages. Approximately 25 miles from Hartsfield-Jackson International Airport, it benefits from the area's robust job market and convenient access via South Fulton Parkway. Proximity to the renowned Serenbe community, a thriving urban village with substantial residential development and high average new construction prices (nearly $1,100,000 in 2023), further enhances its value. The property's adjacency to the Foxhall Resort and Sporting Club (a 1,100-acre development including a planned Westin Resort) and the under-development RiverLands Park (a 260-acre park with river access) adds to its appeal. Furthermore, its location near The Preserve Life Community, a wellness-focused development, underscores the area's growth and desirability. Douglas County's consistent growth in new single-family home sales and average sales prices, with Alexander High School district averaging $523,000 in 2023 for new detached homes, supports the strong potential of this development. This property offers a compelling combination of location, approved development plans, and market demand, making it an attractive investment prospect.

    Property profile
    Verified
    Property type Land
    Lot 713.08 ac (31,061,765 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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