5350 Atlanta HwyBogart, GA 30622

  • Commercial land
  • 25.88 AC
For Sale
$525,000 View listing

Property Details for 5350 Atlanta Hwy

Lot size
25.88 AC
Zone code
C-G
Property type
Commercial land
APN
04-3- -003-J
APU
043003J

Description

This exceptional 33.58-acre tract presents a unique investment opportunity in Bogart, Georgia. Located on Atlanta Highway in Clarke County, this fee-simple property boasts a C-G (Commercial-General) zoning designation, with strong potential for rezoning to an employment industrial classification, aligning with the highest and best use and surrounding development. The relatively flat topography and excellent visibility from Atlanta Highway make it highly developable. The property benefits from access to public water and gas utilities. A significant advantage is the CSX Transportation Rail Service Line running along the northern boundary, offering potential rail access via a spur. Several easements are in place, including gas, transmission, and shared access easements. The location offers easy access to major transportation arteries, including Interstate 85 (21 miles south), Interstate 20 (33 miles north), Highway 78, and GA-316, as well as being approximately 60 miles east of Atlanta and 8 miles west of downtown Athens. The property's proximity to a newly constructed Caterpillar Manufacturing Plant across the street further enhances its appeal. An adjacent 1.45-acre parcel with two commercial buildings (on short-term leases) and connecting road frontage is available for separate purchase, offering potential for assemblage and improved access. This presents a compelling opportunity for commercial, industrial, or even recreational development. The asking price is $525,000. The APN is multiple.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $226,452,464
    Hospitality
    $207,429,232
    Educational
    $172,578,688
    Medical
    $178,513,936
    Retail
    $268,455,744

Location Insight

City
Bogart
County
Clarke
State
Georgia
Latitude
33.9487
Longitude
-83.5148
CBSA code
12020
CBSA name
ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,797
$185,508
-
$185,508
-
$463,770
-
$463,770

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