1208 New Franklin Rd Lagrange, GA 30240
- Commercial real estate
- 1,666 SF
- 1.75 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1208 New Franklin Rd
- Year built
- 1950
- Lot size
- 1.75 lot acres
- Property size
- 1,666 SF
- Property type
- Commercial real estate
Description
This exceptional 1.75-acre lot, situated at 1208 New Franklin Road in LaGrange, Georgia, presents a unique investment opportunity. Currently zoned SFMD, the property requires rezoning and annexation into the city limits for commercial use. Preliminary discussions with the city zoning department indicate a favorable outlook for this process, with an estimated timeframe of 90 to 120 days for approval. The property's substantial size offers significant development potential for a variety of commercial ventures. With its convenient location and promising future as a commercial site, this land parcel represents a compelling investment for forward-thinking entrepreneurs and developers. The existing 1,666 square foot structure on the property is not included in the sale price and is considered as-is. The sale price of $249,900 reflects the land value and the potential for future commercial development. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. This property is being offered as-is, where-is. The buyer is responsible for all costs associated with rezoning and annexation. This is a rare opportunity to acquire a sizable parcel of land with significant commercial potential in a growing area. Don't miss out on this chance to shape the future of LaGrange's commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- LaGrange
- County
- Troup
- State
- Georgia
- Longitude
- -85.02798
- Latitude
- 33.06924
