1872 Hwy 42 N, Mcdonough, GA 30253 For Sale

The Owner's desire is to sell the total 48.41 acres, but will look at offers for the residential acreage and the commercial acreage The Residential Acreage is offered at $30,000 per unit or $5,040,000. This price includes the Purchaser grading the commercial acreage corner at Hwy 42 and Campground. The Commercial Acreage is offered at $300,000 per acre or $3,456,000 based on 11.52 acres of commercial acreage. Interstate 75 is just over two miles away and accessible by the new Jodeco Road/Campground Road Extension that opened in late 2019. Located in Henry County, the 4th best-selling county in Metro Atlanta for new house sales. The months of supply of vacant developed lots ("VDLs) is currently 15.1. Less than 3 miles from Eagles Landing Country Club, the Eagles Landing community has 3,500 homes and average price of the resale homes in 2020 was $488,000. The community is centered around 27 holes of championship golf. Daily traffic count is over 26,000. Excellent demographics within a 3-mile radius with over 33,000 people with an average household income of $117,000. Located at a new four-way traffic signal. Almost 1 mile of paved road frontage. Annexed and rezoned into the City of Stockbridge for a PUD development. Approved for approximately 11 acres of commercial land. Approved for 71 SFD lots, 82 townhome lots, and 15 bungalow lots. The commercial and residential may be purchased separately.