$305,000
- Beds
- 3
- Baths
- 1.0
- sq ft
- Unknown
5665 Austell Powder Springs Rd, Austell, GA 30106
5665 Austell Powder Springs Rd
Austell, GA 30106
- 109 days on market
- Price drop $24,000↓
Prime Development Opportunity in Downtown Austell! This 1.4-acre property, currently zoned General Commercial (GC), is strategically located within Austell's Livable Centers Initiative (LCI) zone, making it a key site for future development. With the city expressing a strong interest in compatible uses such as rezoning for townhomes or other uses that align with the LCI study, this site offers tremendous potential for developers and business owners alike beyond the current zoning regulations.
IDEAL LOCATION: Situated on Austell Powder Springs Rd., the site benefits from its proximity to the upcoming Austell Powder Springs Rd. multi-use trail, which will start at Joe Jerkins Blvd. and connect to the Silver Comet Trail enhancing accessibility to the area. The property is also just 1.6 miles from the 25-acre Threadmill Complex, a site the city is actively discussing with developers for a transformative "Ponce City Market-like" redevelopment.
HIGH TRAFFIC EXPOSURE: Austell Powder Springs Rd. recorded an Average Daily Traffic (ADT) count of 9,750 vehicles as of May 31, 2019, providing excellent visibility and access for both residential and commercial uses.
UTILITES: Sufficient sewer and water capacity available on both Austell Powder Springs Rd. and Owens Dr., as confirmed by city staff, making it an excellent candidate for townhome development.
ZONING FLEXIBILITY: The seller is open to working with developers on the rezoning process, with the potential for higher density or alternative uses in line with the city's goals for downtown revitalization.
NEIGHBORHOOD-COMPATIBLE BUSINESS OPPORTUNITY: Beyond residential development, this site is also ideal for neighborhood-compatible businesses such as cafes, boutiques, and professional offices, offering the chance to contribute to the area’s growth while benefiting from a built-in customer base.
EXISTING STRUCTURE: Includes a 988 sq. ft. building on-site, offering potential interim use or redevelopment options.
Whether you're looking to create a new residential community, establish a neighborhood-friendly business, or capitalize on Austell's growth, this site offers endless possibilities. The offer price should reflect potential rezoning outcomes, and relevant city zoning documents are available online. Listing broker has successfully upzoned property within Austell, along with having been a stakeholder on city's Comprehensive Plans, and LCI, and is available to assist or consult potential buyers through talks with the city to expedite their plans.
Don’t miss this opportunity to be part of Austell's exciting future!
*Yellow outline in aerial view pictures is approximate and should not be used as a representation of precise boundaries. Survey is available in MLS documents, but please hire your own surveyor for reliable boundary lines.
Details
Property type
Single Family Residence
Lot size
1.38 acres
Price per sq ft
Unknown
Year built
1945
Annual property taxes
$2,050
HOA
No
Price History
10/11/2024
FMLS #7451314
Price change
$305,000
-7.29%
09/05/2024
FMLS #7451314
Listed
$329,000
Schools & Community
Elementary school:
Austell
Middle school:
Garrett
High school:
South Cobb
Community features: None
Community features:
None
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Status: Active
Tomo last checked: 12/23/2024 at 12:25 AM
Listing updated: 10/10/2024 at 11:21 PM
Listed by: Derek Caffe, CAFFE Realty, LLC Phone #: (678) 630-4983
MLS: FMLS #7451314
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