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Listed by Jenna Ritter • Virtual Properties Realty .Net
$425,000
Est. payment /mo
5.18 Acres Lot
Under Contract
4825 Price RD Gainesville, GA 30506
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 10334446
HOA Y/N No
Annual Tax Amount $1,058
Tax Year 2023
Lot Size 5.180 Acres
Property Description
5.18 acres located on the Northeast side of Hall County in Gainesville, GA. 934ft of SR-136 AND 412FT of County Road frontage, this property offers a ton of flexibility in terms of subdividing and uses. The entire 5.18 acres is nearly 100% flat. Public Water extends across the entire SR-136 frontage. Subdividing up to 6 times on a single property is permitted without going through the planning commission/BOC process. Develop the entire property, or sell what you donCOt need to pay for your development costs. Put as many entrances as you need, as the entire property significantly exceeds minimum sight distance requirements. Currently zoned AR-III, new owner to rezone to Highway Business (HB), Planned Urban Development (PUD), Mobile Home Park (MHP) or Residential SF (R1) - which will not be an issue given that this property is in the overlay district with the underlying zone being CLakeside Residential.C Per Chapter 17.20.787 of the Hall County Regulations Co properties in the overlay district allow additional permitted uses above those required or allowed by the underlying zone (Lakeside Residential). This property is also 1 mile away from county designated Ccommunity crossroadC intersection of Cool Springs Road & Price Road where a convenient store, vape shop and Dollar General are constructed. It is also 3.9 miles from brand new live/work/play development featuring hundreds of new apartments, townhomes and a PUBLIX. Additionally, there are also hundreds of townhomes/single family homes being constructed at Bolding Mill boat launch. This area is in NEED of a boat storage and rock/mulch/landscaping sales. Other possibilities are up to 6 spec homes, Boat/RV/Auto repair, Boat/Manufactured home sales, construction, warehouse(s), Barndominiums, free standing business and/or mobile home park. No spring heads. No state waters. 2022 traffic count was 5,366 cars/day, up 27.5% since 2020. Very little developmental costs. This property is ready to go through the CformalityC of rezoning to a more efficient use to fulfill the needs of this growing community.
Location
State GA
County Hall
Exterior
Community Features None
Utilities Available Electricity Available, Water Available
Building
Sewer Septic Tank
Schools
Elementary Schools Lanier
Middle Schools Chestatee
High Schools Chestatee
Others
Acceptable Financing Cash, Conventional, Land Bank Loan
Listing Terms Cash, Conventional, Land Bank Loan
Special Listing Condition Estate Owned
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