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134 Ivey Edwards Lane, McDonough, GA 30253

$800,000
  • 134 Ivey Edwards Lane, McDonough, GA 30253 Main Photo

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New
LOT SIZE 4.910 acres MLS#10854979
STATUSNew PROPERTY TYPELand - Residential NEIGHBORHOODMcdonough

Property Description

4.29 AC DEVELOPMENT OPPORTUNITY | CITY OF McDONOUGH | SUBURBAN MIXED USE FUTURE LAND USE 134 Ivey Edwards Lane presents a compelling 4.29 acre development opportunity within the City of McDonough, offering developers and builders the ability to acquire a sizable infill tract with existing infrastructure and multiple potential development paths. The sale includes the 4.29 acre parcel described herein, along with an additional 0.62 acre corner parcel that is bisected by Ivey Edwards Lane. Combined, the two parcels offer approximately 600 feet of road frontage along McDonough Parkway. The property is currently zoned RA and carries a Suburban Mixed Use Future Land Use designation under the City of McDonough Comprehensive Plan. The Suburban Mixed Use designation supports consideration of a variety of potential future uses, including multifamily, live-work, neighborhood retail, restaurants, professional office, and medical uses. Future development would be subject to applicable rezoning, approvals, site planning, and City requirements. Infrastructure is already in place, with city sewer and utilities serving the property and should help a developer evaluating acquisition costs, construction timelines, and overall project feasibility. The site currently includes an approximately 2,753 SF, 4-bedroom home, as well as a large metal building/warehouse. These existing improvements provide potential interim utility and income while a developer evaluates entitlement, site planning, and ultimate redevelopment. DEVELOPMENT HIGHLIGHTS 4.29 acres Additional 0.62 acre corner parcel bisected by Ivey Edwards Lane Sale includes both parcels Inside the City of McDonough RA zoning Suburban Mixed Use Future Land Use designation Potential for future residential, multifamily, mixed-use, retail, office, restaurant, or medical development, subject to approvals City sewer and utilities already on site Existing 4BR ranch home Large metal building/warehouse Excellent opportunity for development, land banking, or redevelopment Existing improvements provide potential interim income/use while pursuing a long-term development strategy For developers and builders, the combination of acreage, existing infrastructure, established improvements, and future land-use flexibility creates an opportunity to acquire a site today while positioning for a larger redevelopment strategy tomorrow. Developers, builders, investors, and land bankers are encouraged to conduct their own due diligence regarding zoning, permitted uses, density, access, utilities, stormwater, environmental conditions, and all required City approvals.

134 Ivey Edwards Lane | MLS# 10854979

This land located at 134 Ivey Edwards Lane, McDonough, GA 30253 is currently listed for sale with an asking price of $800,000. The property has approximately 4.91 Acres. Search Mcdonough real estate on online.fusion2b.com today.

Property Features

Property Type: Land - Residential
Lot Size: 4.91 Acres
Taxes: $8,353

Feature Descriptions

Days on Site: 12
Possible Use: Agricultural, Other, Recreational, Residential, Timber
RoadFrontage: County Road
Road Surface: Paved
Sewer: Public Sewer
Structures: Residence, Other
Topography: Level, City Lot, Private
Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
Vegetation: Partially Wooded, Wooded
Water: Public

Local Schools

High School: Eagles Landing
Middle School: Eagles Landing
Elementary School: Walnut Creek

Listed By / Shown By

Listed By

Agency Name: Chapman Group Realty, Inc.
Agency Phone: 678-782-5995

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 2,709.87 per month $1,780.45 Principal & Interest $696.08 Property Tax $233.33 Homeowner's Insurance

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