4825 Price RD, Gainesville, GA 30506

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Aspire Partners

aspire@evatlanta.com +1(706) 809-8960

$ 425,000

Est. payment -/mo

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Active Under Contract

4825 Price RD Gainesville, GA 30506

5.18 Acres Lot

UPDATED:

08/15/2024 02:41 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 7417222

HOA Y/N No

Originating Board First Multiple Listing Service

Annual Tax Amount $1,058

Tax Year 2023

Lot Size 5.180 Acres

Acres 5.18

Property Description

5.18 acres located on the Northeast side of Hall County in Gainesville, GA. 934ft of SR-136 AND 412FT of County Road frontage, this property offers a ton of flexibility in terms of subdividing and uses. The entire 5.18 acres is nearly 100% flat. Public Water extends across the entire SR-136 frontage. Subdividing up to 6 times on a single property is permitted without going through the planning commission/BOC process. Develop the entire property, or sell what you don’t need to pay for your development costs. Put as many entrances as you need, as the entire property significantly exceeds minimum sight distance requirements. Currently zoned AR-III, new owner to rezone to Highway Business (HB), Planned Urban Development (PUD), Mobile Home Park (MHP) or Residential SF (R1) - which will not be an issue given that this property is in the overlay district with the underlying zone being “Lakeside Residential.” Per Chapter 17.20.787 of the Hall County Regulations – properties in the overlay district allow additional permitted uses above those required or allowed by the underlying zone (Lakeside Residential). This property is also 1 mile away from county designated “community crossroad” intersection of Cool Springs Road & Price Road where a convenient store, vape shop and Dollar General are constructed. It is also 3.9 miles from brand new live/work/play development featuring hundreds of new apartments, townhomes and a PUBLIX. Additionally, there are also hundreds of townhomes/single family homes being constructed at Bolding Mill boat launch. This area is in NEED of a boat storage and rock/mulch/landscaping sales. Other possibilities are up to 6 spec homes, Boat/RV/Auto repair, Boat/Manufactured home sales, construction, warehouse(s), Barndominiums, free standing business and/or mobile home park. No spring heads. No state waters. 2022 traffic count was 5,366 cars/day, up 27.5% since 2020. Very little developmental costs. This property is ready to go through the “formality” of rezoning to a more efficient use to fulfill the needs of this growing community.

Location

State GA

County Hall

Zoning ARIII

Lake Name None

Rooms

Other Rooms None

Exterior

Fence None

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Trees/Woods

Present Use Vacant

Street Surface Asphalt

Private Pool false

Building

Lot Description Corner Lot

New Construction No

Schools

Elementary Schools Lanier

Middle Schools Chestatee

High Schools Chestatee

Others

Senior Community no

Tax ID 11108 000018

Acceptable Financing 1031 Exchange, Cash, Conventional, Land Bank

Listing Terms 1031 Exchange, Cash, Conventional, Land Bank

Special Listing Condition None

Listed by Virtual Properties Realty.Net, LLC.

Aspire Partners

Real Estate Advisor

+1(706) 809-8960