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Listed by Stephen Lovett • Norton Commercial Acreage Grp
$3,935,000
Est. payment /mo
112.43 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Under Contract
Purchase Type For Sale
Subdivision 02700
MLS Listing ID 20109468
HOA Y/N No
Annual Tax Amount $27,941
Tax Year 2022
Lot Size 112.430 Acres
Property Description
PROPERTY OVERVIEW The Norton Commercial Acreage Group is proud to present for sale this 112.43 +/- acre tract, CURRENTLY ZONED RES2, located along Nix Road just 1 turn off Dawsonville Highway in northeastern Forsyth County, GA. With rolling to sloping topography, the site is suitable for a residential development working around the existing creek and allows for potential long- range views of the north Georgia mountains. The RES2 zoning allows for a density of 1.45 units per acre adding undeniable value in Forsyth County's current rezoning climate. We believe the actual lot yield will be slightly lower due to minor development challenges. Utilities are nearby including public water, electricity, natural gas, and excluding public sewer. Site is located within the highly desirable Forsyth County School System (Chestatee ES, Little Mill MS and East Forsyth HS). The area's quality of life and employment opportunities, while remaining relatively affordable, make this site a superb opportunity for a residential development, a recreational estate tract or dividing into medium to large estate properties. LOCATION OVERVIEW Forsyth County has some of the best schools in the state and, according to Niche.com, is consistently in the top 10 counties in which to live across the USA. The best of both worlds: less than an hour to Atlanta, 20 minutes to the mountains and 10 minutes to Lake Lanier. GREAT LOCATION! Commercially, there has been an explosion of activity in Dawsonville (Kroger Power Center and Publix Anchored Center) along with the Premium Outlets. Also nearby, is Gainesville, which continues to expand commercially. Located about halfway between these two commercial nodes this site is perfect for residential development.
Location
State GA
County Forsyth
Exterior
Community Features None
Utilities Available Other
Building
Sewer Private Sewer
Schools
Elementary Schools Chestatee Primary
Middle Schools Little Mill
High Schools East Forsyth
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Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104