2454 Marneil DrMarietta, GA 30062

Property Details for 2454 Marneil Dr

Lot size

3.41 AC

Property type

Residential income properties

Property subtype

Other land

Description

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.

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

34.0103

Longitude

-84.4807

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