73 Acres – Cascade Palmetto Highway – South Fulton
avalon / December 18, 2020
Please see the attached information for an opportunity to purchase 73.5 acres located off of Cascade Palmetto Highway in the city of South Fulton. This site is currently zoned Agricultural. The seller has priced the land to sell in ‘as-is’ is condition on a relatively quick time frame. The adjacent 248 acres to the east is master planned and owned by an investment group, with a stated goal of selling to a builder/developer in the coming years. This adjacent property has sewer access, and the topography of our 73.5 acres flows into this adjacent site, allowing for sewer service. There is active development in the immediate area, and new home construction activity and trends in this part of South Fulton County make this a prime residential development opportunity when the adjacent 248 acre site sells and goes into development.
- Current Zoning: 100′ wide, 1 acre lots. In the Cliftondale Overlay.
- Market: 300 new construction closings L12M. $244,000 ASP.
- Utilities: Sewer is in the Walden Park Estates and Willow Creek subdivisions to the east, one property over. An easement will be needed.
*Subject to independent verification
- Schools: Cliftondale Elementary. Renaissance Middle. Langston Hughes High
- Price: $7,500.00 / Acre
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