Great infill residential development opportunity in growing SW of Atlanta I-85 corridor. Zoned Neighborhood Commercial with rezoning to R2 being a prospect. Seller Financing available. This property is ideally located and surrounded by established residential development in the city of Palmetto, Georgia. This parcel is a great infill parcel in a well-established neighborhood. In walking distance to Palmetto Elementary school. As this I-85 corridor southwest of Atlanta continues to grow this property is well positioned for immediate development. Of the 16 acres, 14 acres was has been approved for rezoning to the R2 designation for Palmetto, GA in Fulton County. R2 zoning which allows approximately 3 units per acre. The remaining 2 acres was approved to remain as Neighborhood Commercial. This rezoning has not been completed due to concerns over a limited water supply availability for new development within the City of Palmetto. Due to this water issue, a use under Neighborhood Commercial may represent the best use of this property. Seller financing is available to a qualified party: Proposed terms: 20% Down payment, 3 Year Balloon Note amortized for 20 years, 5% Interest
Property Details
Property Features
Listing Office:
Office Name: Chatt River Realty
Office Phone: (828) 231-2185
Listing Agent: David Newman
Lot Features
Lot Information:
Lot: Curbs
Lot Size: 16.40 Acres
Other
Directions Information:
Directions: 0 Carlton Rd is an unimproved tract along Carlton Rd in the city of Palmetto GA
Price Information
Listing Price Info
Price Summary:
List Price: $359,000
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Housing Market Comparison
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All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Palmetto Elementary School
505 Carlton Rd
Distance between this listing and this school0.35 miles
Public District Grades PK-5
7
/10
Arbor Springs Elementary School
4840 Highway 29 N
Distance between this listing and this school4.39 miles
Public District Grades PK-5
7
/10
Evoline C. West Elementary
7040 Rivertown Rd
Distance between this listing and this school4.48 miles
Public District Grades PK-5
Nearby Schools
4
/10
Bear Creek Middle School
7415 Herndon Rd
Distance between this listing and this school3.51 miles
Public District Grades 6-8
5
/10
Chattahoochee Hills Charter School
9670 Rivertown Rd
Distance between this listing and this school3.96 miles
Public Charter Grades KG-8
8
/10
Flat Rock Middle School
325 Jenkins Rd
Distance between this listing and this school6.57 miles
Public District Grades 6-8
Nearby Schools
3
/10
Creekside High School
7405 Herndon Rd
Distance between this listing and this school3.51 miles
Public District Grades 9-12
8
/10
Northgate High School
3220 Fischer Rd
Distance between this listing and this school4.17 miles
Public District Grades 9-12
6
/10
Sandy Creek High School
360 Jenkins Rd
Distance between this listing and this school6.41 miles
The neighbors living near this home have an average income of $58,244. Residents of Palmetto, GA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Carlton Rd Unit 07-320000600392
What is the listing price of this property?
The listing price of 0 Carlton Rd Unit 07-320000600392 property is $359,000.
What type of property is this?
The property 0 Carlton Rd Unit 07-320000600392 is land located in Palmetto, Georgia, 30268.
Is this property for sale now?
Active Listing: 0 Carlton Rd Unit 07-320000600392 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 0 Carlton Rd Unit 07-320000600392 is 16.40 acres.
Interested in 0 Carlton Rd Unit 07-320000600392? Let's connect.
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This home is located at 0 Carlton Rd Unit 07-320000600392 in Palmetto, GA and zip code 30268. This home sits on a 16.40 acre lot. It has been listed on Rocket Homes since January 07, 2024 and is currently priced at $359,000.
While more than 6 listings in Palmetto, GA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 2 were sold below. In October 2024 in Palmetto, GA there were 7.9% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $348,500, while the average time on the real estate market was 81 days.
From Rocket Homes Real Estate and based on county public records data.