0 Capps Ferry Rd, Palmetto, GA 30135
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.