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Hwy 61 N - Hotel and Restaurant Construction Opportunity

3 Acres of Commercial Land Offered at £390,443 in Villa Rica, GA 30180

Investment Highlights

  • Seller is willing to sign a contract with a rezoning contingency! Seller has connections with the County!
  • The 2-acre parcel is located North adjacent of the 1-acre parcel.
  • The 1-acre parcel is located North adjacent to the gas station.

Executive Summary

Seller is willing to sign a contract with a rezoning contingency! Seller has connections with the County!
The 1-acre parcel is located North adjacent to the gas station.
The 2-acre parcel is located North adjacent of the 1-acre parcel.
Two Commercial Properties off Hwy-61 in Villa Rica, GA totaling 3 acres!
Properties are zoned Heavy Commercial (C-H) which includes hotel/motels in the permitted uses!
Rezoning Contingency OK!
Additional permitted uses included Tobacco Stores, Restaurants, Bars, Taverns, and Dry-Cleaning!
One Commercial property is 1 acre and the other is 2 acres! Buy one or both!
40 minutes from Atlanta, GA!
Near Tanner Medical Center.
2 miles from a mixed-use development that will include multiple stores and restaurants, along with 255 townhomes and 208 apartments.
3 miles from 192-unit development and a proposed rental community will offer 100 rental units.
3 miles from apartment complexes like The Legacy at Walton Trail, Hawthorne at Mirror Lake, Villa Rica Lofts, Arbor Bend Apartments, and Willow Creek Apartments.
4 miles from Villa Rica Elementary School with over 475 students, Glanton-Hindsman Elementary School with 700 students, and Mirror Lake Elementary School with over 532 students.
5 miles from a mixed-use development project plans include townhomes, single-family homes, a senior living and assisted living community, a fitness center, chapel, and amphitheater and a 230-acre mixed-use project consisting of 525 residential units and 250 senior living.
Average traffic count of 12,800 vehicles passing by the property each day!
Population is increasing by an extremely high 6% every year!
Asking Price for the 1-acre parcel: $199,000!
Asking Price for the 2-acre parcel: $349,000!
Combined Asking Price for all 3 acres is discounted at $499,000!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Property Facts

Price £390,443
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.00 AC

1 Lot Available

Lot

Price £390,443
Price Per AC £130,148
Lot Size 3.00 AC

Two Commercial Properties off Hwy-61 in Villa Rica, GA totaling 3 acres! Properties are zoned Heavy Commercial (C-H) which includes hotel/motels in the permitted uses! Additional permitted uses included Tobacco Stores, Restaurants and Bars!

zoning

Zoning Code R-A (Residential Agriculture District)
R-A (Residential Agriculture District)
  • Listing ID: 32230908

  • Date on Market: 23/06/2024

  • Last Updated:

  • Address: Hwy 61 N, Villa Rica, GA 30180

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