707 Highway 314 Fayetteville, GA 30214
- Commercial real estate
- 121.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 707 Highway 314
- Lot size
- 121.57 lot acres
- Property type
- Commercial real estate
Description
This exceptional 121.57-acre commercial land parcel in Fayetteville, Georgia, presents a unique investment opportunity. Strategically located just north of downtown Fayetteville, it offers easy access to a vibrant array of dining, retail, and entertainment options. The property boasts an impressive 2,900+ feet of frontage on a four-lane highway and an additional 49 feet on Wilkins Road. Its proximity to Trilith Studios, a sprawling 700-acre movie studio complex, further enhances its appeal. The site includes three separate parcels: 14.31 acres, 36.02 acres, and 71.24 acres, offering flexibility for development. Existing on the property is a 5,059 square foot, 1985-built house requiring substantial renovations, complete with a basement and pool, along with a smaller secondary house. A 2-acre pond is also situated on the property. Note that a significant portion of the land lies within the floodplain and Morning Creek forms a boundary for a large section. The asking price is $1,570,000, translating to $12,914 per acre. The seller is open to subdividing the property into individual parcels or selling the entire tract. Fayette County's high median household income adds to the property's long-term investment potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Fayette
- State
- Georgia
- Longitude
- -84.4470305
- Latitude
- 33.4875856
