For Sale
$750,000

2454 Marneil DrMarietta, GA 30062

7-Lot Subdivision Potential; Bank-Owned

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3.41-acre parcel in Marietta, Georgia, presents a unique investment opportunity. Located in Cobb County at 2454 Marneil Dr NE, zip code 30062, this bank-owned property is priced at $750,000, below appraised value. The land is zoned R4 and already has approval for subdivision into seven residential lots, making it ideal for developing a high-end residential community. Each lot has the potential to support a home valued at over $1 million. A significant advantage is the existing land disturbance permit, allowing immediate commencement of development. This eliminates significant upfront planning and permitting delays, accelerating the project timeline and maximizing return on investment. The property's location in desirable Cobb County offers easy access to amenities and infrastructure, further enhancing its appeal to potential homebuyers. This is a rare chance to acquire a substantial land holding with pre-approved development plans, ready for immediate action. Seize this opportunity to create a lucrative residential community in a prime location. The property is being sold as a bank-owned foreclosure.

Highlights

  • $750,000 asking price for 3.41 acres of residential land in Marietta, GA.
  • R4 zoning allows for subdivision.
  • Approved for 7 residential lots, ideal for a high-end community.
  • Land disturbance permit already obtained.
  • Bank-owned foreclosure.
  • Broker co-op available.

Property Details for 2454 Marneil Dr

Property type
Land
Lot Size (sq. ft)
148,540 SF

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
34.0103195
Longitude
-84.4807319
2454 Marneil Dr, Marietta, Georgia

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2454 Marneil Dr
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