158 Arnold Rd Rock Spring, GA 30739
This exceptional 129.28-acre property in Rock Spring, Georgia, presents a unique investment opportunity. Situated at 158 Arnold Rd, Walker County, zip code 30739 (34.8510713, -85.2420822), this land boasts a diverse range of uses. Currently zoned AG-1, it offers immediate potential for agricultural pursuits. The property includes a 10-acre spring-fed lake and a 400 square foot pole barn with nine horse stalls, ideal for equestrian activities or livestock. However, the true potential lies in its approved development plan. An engineering study by Mike Price has already approved the land for a 500-unit Planned Unit Development (PUD), designed as a continuation of the Fieldstone Farms subdivision located nearby on Hwy 27 and Arnold Rd. While the exact acreage will be finalized by a new survey, the current assessment indicates 129.28 acres. The lease on the property expires on October 27, 2023. This property is priced at $1,470,000 and offers a compelling blend of agricultural utility and significant residential development potential. This is a rare opportunity to acquire a large tract of land with existing infrastructure and approved development plans in a desirable location.
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
Similar Nearby for Sale
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.