Old Rico Rd Palmetto, GA 30268

This exceptional 121.8-acre commercial land parcel in Fulton County, Georgia, presents a unique investment opportunity. Located in Chattahoochee Hills, approximately 20 miles from Hartsfield-Jackson International Airport, this property boasts convenient access to downtown Atlanta via South Fulton Parkway. The land is comprised of two parcels bisected by Old Rico Road, offering the potential for development into three separate farmettes of approximately 3.4, 90.7, and 27.7 acres. With over 1,700 feet of road frontage along the gravel Old Rico Road, the property offers significant flexibility for various commercial ventures. The area is known for its commitment to preservation, with Chattahoochee Hills aiming to protect 70% of its land. The property's proximity to the renowned Serenbe community, an urban village with a similar preservation focus and high-end residential development (average new construction price of nearly $800,000 in 2022), adds to its appeal. Furthermore, the property is situated south of the expansive 800-acre Cochran Mill Park, featuring historic mill sites and over 18 miles of multi-use trails. The property is available for purchase as a whole or as individual farmettes, providing options for diverse investment strategies. This location offers a blend of natural beauty, accessibility, and proximity to a major metropolitan area, making it an attractive proposition for developers and investors alike.