Martin Road, Flowery Branch High School, 123 Acres Entitled for 263 Lots
avalon / December 21, 2020
Avalon Real Estate Partners is pleased to present this opportunity to purchase (+) 122.89 entitled acres in the city of Oakwood, Hall County, Georgia. The site is zoned R4, and the most recent single family site plan yields 248 50′ lots. Located at the intersection of Martin Road and Atlanta Highway, this site directly benefits from the new Exit 14 Interstate 985 interchange currently under construction at H.F. Reed Industrial Parkway and Thurmon Tanner Parkway (estimated completion August 2019). Homeowners will attend Hall County schools, including Flowery Branch High School, the top ranked high school in the county and in the top 20th percentile in the state, where average sale prices (ASP) for new homes is $366,000. The site is also located across from its districted elementary school (Martin Elementary) and less than a mile to the new location of Flowery Branch High School.
- Zoning: R4. No attached allowed. 50′ wide, 6,000 sqft lot minimum.
- Schools: Martin Elementary, CW Davis Middle, Flowery Branch High
- Market: New construction sells for a 20% premium over resales. In the $300s there is less than a 5 MOS of inventory.
- Utilities: Sewer is along Martin Road. An approved lift station will be required.
*Subject to Independent Verification
- Price: $4,500,000.00
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