785 Hammett Rd LaGrange, GA 30241

Property Details for 785 Hammett Rd

Property type

Land

Description

This exceptional 162+ acre property presents a remarkable opportunity for residential development in LaGrange, Georgia. Located within the city limits and designated as Phase II of the North Pointe Subdivision, this land is zoned SU-R, permitting the creation of a single-family home community. The zoning allows for minimum 12,000 square foot lots, accommodating substantial homes. The development plan can include detached garage apartments, enhancing the appeal and value of each property. Importantly, townhomes and duplexes are not permitted under the current zoning regulations. The City of LaGrange has no ordinances restricting build-to-rent projects, opening the door for a lucrative rental community. Access to the property is facilitated by existing artery roads within Phase I of the North Pointe Subdivision, or directly from Hammett Road, potentially allowing for a dedicated entrance bypassing Phase I homes. City utilities are readily available, leveraging the existing infrastructure of the established Phase I. Recent sales comparables in Phase I show an average price of $310,000 for homes, providing a strong market indicator for potential returns. This prime location and flexible zoning regulations make this 162+ acre parcel an exceptional investment for discerning developers seeking a high-value residential project in a thriving Georgia community. The asking price for this significant land parcel is $4,050,000. The address is 785 Hammett Rd, LaGrange, GA 30241.

Location Insight

City

LaGrange

County

Troup

State

Georgia

Longitude

-85.0027

Latitude

33.083