For Sale
$4,600,000

8986 Highway 29 Newnan, GA 30263

Prime Hwy 29 location, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 91.9-acre mixed-use property in Coweta County, Georgia, presents a remarkable investment opportunity. Located at 8986 Highway 29 S, Hull, GA 30263 (APN: 0018-054), this expansive tract boasts ideal visibility and accessibility, situated on the corner of Highway 106 and Highway 29. The land is beautifully landscaped, featuring a blend of cleared areas and private sections with trees and perimeter fencing, offering a balance of openness and seclusion. The terrain is largely level with some gentle rolling hills. The property includes road frontage on Norwood Road, providing multiple access points. Currently, the property includes ten single-family residential structures with existing income potential. The strategic location across Highway 29 from the Ingles Shopping Center and near Hull-Sanford Elementary School further enhances its appeal. A recorded easement behind the Family Dollar store adds to the property's value. The recent approval of Bubba Watson's affiliated The Rose Golf Club (588 acres, including 147 homes projected at $500,000-$1 million+) by the Madison County Board of Commissioners (January 2024) significantly increases the development potential. The availability of potential sewer access opens doors for higher-density residential or mixed-use development. Asking price is $4,600,000. Note: A cell phone tower and associated land and easement are not included in this sale.

Highlights

  • $4,600,000 asking price.
  • 91.9-acre mixed-use land parcel.
  • Located at 8986 Highway 29 S, Hull, GA 30263 (Coweta County).
  • High visibility corner lot at Hwy 106 and Hwy 29, near Ingles and Family Dollar.
  • Includes road frontage on Norwood Road and existing structures with income potential (10 single-family homes).
  • Potential for high-density residential or mixed-use development due to potential sewer access.

Property Details for 8986 Highway 29

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
4,003,164 SF

Location Insight

City
Newnan
County
Coweta
State
Georgia
Latitude
33.3356746
Longitude
-84.7834702

FAQs

What type of property is this?
Mixed-use property - Prime Hwy 29 location, development potential.
Where is the mixed-use property located?
The property is located at 8986 Highway 29 Newnan, GA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: $4,600,000 asking price.; 91.9-acre mixed-use land parcel.; Located at 8986 Highway 29 S, Hull, GA 30263 (Coweta County).
How can I contact the broker?
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8986 Highway 29
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