For Sale
$4,212,500

0 Stanley K Tanger BlvdLocust Grove, GA 30248

Prime Development Site, 30 Acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial development opportunity encompasses two tracts totaling approximately 30 acres (14.87 ± acres and 15.19 ± acres) of land situated in Locust Grove, Georgia, at the intersection of Stanley K Tanger Boulevard and Bill Gardner Parkway. The property boasts 840 feet of frontage on Tanger Boulevard, a major thoroughfare with an impressive average daily traffic count of 21,430 vehicles. Tract 1, measuring 14.87 ± acres, is divisible and has already seen a portion (2 acres) sold for the development of a new Hampton Inn, demonstrating the site's high desirability. Tract 2, comprising 15.19 ± acres, is also divisible, offering significant flexibility for various development projects. The gently rolling, wooded terrain borders a creek, adding to its natural appeal. The property is zoned C-2, allowing for a wide range of commercial uses. Utilities are readily available, including water and sewer services from the Henry County Water & Sewage Authority, electricity from Georgia Power, gas from Atlanta Gas Light, and telephone service from AT&T. Estimated annual property taxes are $10,000 for Tract 1 and $9,500 for Tract 2. The parcels are identified by APN numbers: Tract 1: 129-01058006 and Tract 2: 129-01058004. This prime location and the proven success of nearby developments make this an unparalleled investment opportunity in a rapidly growing area. The land is priced at $168,500 per acre, with an asking price of $4,212,500 for the entire property.

Highlights

  • Two tracts totaling approximately 30 acres in Locust Grove, GA.
  • Tract 1: 14.87± acres, divisible; 2 acres already sold for a Hampton Inn.
  • Tract 2: 15.19± acres, divisible.
  • 840 feet of frontage on Tanger Blvd., with 21,430 AADT.

Property Details for 0 Stanley K Tanger Blvd

Property type
Land
Lot Size (sq. ft)
647,737 SF

Location Insight

City
Locust Grove
County
Henry
State
Georgia
Latitude
33.3482483
Longitude
-84.1213761
Stanley K Tanger Blvd, Locust Grove, Georgia

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0 Stanley K Tanger Blvd
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