8695 Knox Bridge HwyCanton, GA 30114
- Residential income properties
- 0.98 AC
Property Details for 8695 Knox Bridge Hwy
- Year built
- 1973
- Lot size
- 0.98 AC
- Property type
- Residential income properties
- Property subtype
- Other land
Description
This 0.98-acre property in Canton, Georgia, boasts 124 feet of frontage on Highway 20, enjoying an average daily traffic count of 15,000 vehicles. Currently improved with a two-unit duplex (each unit featuring two bedrooms and one bath), providing immediate rental income. The property's location within a future land use commercial and neighborhood corridor presents significant development potential. A planned DOT widening project on Highway 20 is expected to further increase traffic and potentially necessitate DOT compensation for additional road right-of-way. The rear portion of the lot offers space for additional development, possibly another duplex or single-family home, with potential for annexation into the City of Canton for expanded commercial or multi-family uses. The property's proximity to the River Green master-planned community (1,200 homes) and other established neighborhoods like Bridgemill adds to its appeal. This is an exceptional opportunity for investors seeking a property with strong rental income and significant future development potential in a high-growth area. The property is zoned residential, but annexation into the city for commercial use is possible. The asking price is $825,000. The property was built in 1973 and is located at 8695 Knox Bridge Highway, Canton, GA 30114.
Location Insight
- City
- Canton
- County
- Cherokee - GA
- State
- Georgia
- Latitude
- 34.2141
- Longitude
- -84.521
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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