8986 Highway 29Newnan, GA 30263

Property Details for 8986 Highway 29

Lot size

91.90 AC

Property type

Agricultural properties

Property subtype

Other mixed-use properties

Description

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.

Location Insight

City

Newnan

County

Coweta

State

Georgia

Latitude

33.3357

Longitude

-84.7835

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