Bought with Stephen Lovett • Norton Commercial Acreage Grp
$1,700,000
$1,895,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
91.86 Acres Lot
SOLD DATE : 05/09/2022
Key Details
Sold Price $1,700,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20007487
Sold Date 05/09/22
HOA Y/N No
Annual Tax Amount $8,408
Tax Year 2021
Lot Size 91.860 Acres
Property Description
PROPERTY OVERVIEW The Norton Commercial Group is proud to present this 91.86 +/- acre tract for sale at the corner of Highway 441 and White Hill School Road just within the city limits of Commerce, GA. The property has convenient access from Hwy 441 and great frontage on White Hill School Road. The frontage along Hwy 441 is planned for commercial while the rest of the property is planned for residential. Site has rolling to level topography and is mixed with wooded land and pastures. All utilities are available to the site including public water. Public sewer will very likely be available to a residential development and would yield roughly 139 residential units. Be the first builder to develop in Commerce after major job announcements! LOCATION OVERVIEW The Jackson County market is unique in that it is both a growth market and a recovery market. Most of the new development has centered around logistics and distribution extending the supply chain along the I-85 interstate. The community has experienced an industrial development and job announcement boom over the past few years. The opening in 2019 of the GE "Smart Warehouse" Distribution Facility as well as the announcement of the $1.67+ Billion SK Innovation Battery Plant (which will be completed at the end of 2022) will bring almost $2 Billion in immediate investments and will echo for decades in its economic impact for the area. Over 2,000 new jobs in this immediate area will not only deliver immediate changes to the community, but long-lasting impacts to its framework. Residential developments will continue to inch up I-85 and the subject property is well-positioned to serve this bustling community.
Location
State GA
County Jackson
Exterior
Community Features None
Utilities Available Cable Available, Electricity Available, Sewer Available, Phone Available, Water Available
Building
Sewer Public Sewer
Schools
Elementary Schools Commerce Primary/Elementary
Middle Schools Commerce
High Schools Commerce
Others
Financing Cash
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