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51.57 Acres Cedar Grove

  • 51.57 Acres Cedar Grove
  • 51.57 Acres Cedar Grove
  • 51.57 Acres Cedar Grove
  • 51.57 Acres Cedar Grove
  • 51.57 Acres Cedar Grove
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IN Fulton, (Georgia) TYPE Commercial/Industrial 51.57 Acres
$ 5,157,000 ($ 100,000/ Acre )
DESCRIPTION

51.57 Acres of land planned for single family detached lots and commercial land in Union City, Fulton County, Georgia.

LOCATION

Cedar Grove is located on Cedar Grove Rd at the intersection of Jones Rd as well as the intersection of South Fulton Pkwy. Addresses for two of the parcels are as follows: 7780 Cedar Grove Rd, Fairburn, GA 30213 and 7750 Jones Rd, Fairburn, GA 30213.

 

FEATURES

 

  • Excellent location with convenient access to Interstate 285, Interstate 85, and Downtown Atlanta.
  • Located approximately ten miles from Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport that employs over 55,000 people.
  • Located in the Langston Hughes High School district where the average price of a newly constructed house that was sold through 2Q18 was $253,000, representing a 3.3% increase in average sale price from 2017.
  • Currently, there is a 49.2 month supply of vacant developed lots (“VDLs”) in this market, representing a 17% decrease from 3Q17, and almost 52% of all the remaining lots are in subdivisions with an active builder.
  • The Property offers both a residential and commercial component, offering an excellent chance to enter this market.
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