0 Carlton RD #07 320000600392, Palmetto, GA 30268 - MLS#10238748

Palmetto, GA 30268,0 Carlton RD #07 320000600392

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Shawn Delaney

[email protected] +1(770) 378-7994

Listed by David Newman • Chatt River Realty

$359,000

Est. payment - /mo

16.4 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Vacant - 16 Acres +-

MLS Listing ID 10238748

HOA Y/N No

Annual Tax Amount $1,538

Tax Year 2020

Lot Size 16.400 Acres

Property Description

Great infill residential development opportunity in growing SW of Atlanta I-85 corridor. Zoned Neighborhood Commercial with rezoning to R2 being a prospect. Seller Financing available. This property is ideally located and surrounded by established residential development in the city of Palmetto, Georgia. This parcel is a great infill parcel in a well-established neighborhood. In walking distance to Palmetto Elementary school. As this I-85 corridor southwest of Atlanta continues to grow this property is well positioned for immediate development. Of the 16 acres, 14 acres was has been approved for rezoning to the R2 designation for Palmetto, GA in Fulton County. R2 zoning which allows approximately 3 units per acre. The remaining 2 acres was approved to remain as Neighborhood Commercial. This rezoning has not been completed due to concerns over a limited water supply availability for new development within the City of Palmetto. Due to this water issue, a use under Neighborhood Commercial may represent the best use of this property. Seller financing is available to a qualified party: Proposed terms: 20% Down payment, 3 Year Balloon Note amortized for 20 years, 5% Interest

Location

State GA

County Fulton

Exterior

Community Features None, Street Lights, Walk To Schools

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Building

Sewer Public Sewer

Schools

Elementary Schools Palmetto

Middle Schools Bear Creek

High Schools South Atlanta

Others

Acceptable Financing Private Financing Available

Listing Terms Private Financing Available

Special Listing Condition Will Consider Subdividing

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Shawn Delaney

+1(770) 378-7994

Agent | License ID: 285391

Agent License ID: 285391

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