Approximately 54 acres, zoned AG-1, located in prestigious Milton with over 1000ft of road frontage on New Providence Rd. Hunter's and fisherman's dream. One of the last parcel of this size in the area. The 54 acres is comprised of two parcels; 22-3550-0997-040-3 and 22-3550-0997-041-1. Income producing: Cell tower month-to-month lease agreement included in sale. Many possibilities of use... Perfect for 1031 exchange. Buy and hold and let the income from the cell tower pay for taxes and with some, upgrading of the house, additional income can be generated from renting the house. An additional 17 acres(FMLS#7158177) can be assembled with this property bringing the total acreage to 71 acres. ATTN: DEVELOPERS/BUILDERS No rezoning needed to build 1 acre minimum lots. Estate homes in area selling for approximately $2M+. Best future use is single detached luxury residential redevelopment. Income producing: Cell tower lease agreement included in sale. Zoned AG-1, which in Milton mandates that each lot must be at least 1 acre. Milton development proposals that comply with AG-1 zoning standards are permitted "by-right" and cannot be rejected if they meet all the necessary requirements. Development incentives are available with some relief to standard subdivision regulations for lots 3 acres and greater. Income producing: Cell tower lease agreement included in sale. Terrain: rolling, wooded, creek, pond. Livable 1968 4BR 3.5BA ranch home on an unfinished basement on property(price does not give value to home). The home on property has great bones and would make a great rental, renovation project or live in it while you build your dream home in area of Million $+ homes. Convenient to Hwy 400, Halcyon, Avalon, Alpharetta City Center and Crabapple Community. Can also be used for recreation; hunting, fishing, trails throughout Milton is accessible from Georgia 400, which runs southeast of the City limits, and multiple major highways cross through the city, including Highway 9 / Deerfield Road, State Route 372 / Birmingham Highway, and State Route 140 / Arnold Mill Road. **APPOINTMENT REQUIRED to walk property. Please do not walk property without making an appointment with Listing agent.**
Property Type :
Land
County :
Fulton
Style :
Land
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ByOwner last updated this listing 04/27/2024 @ 04:28
MLS: 10138571
LISTED BY: CHARLENE MARIANI , VIRT01
SOURCE: Georgia MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
