For Sale

Listed by Joseph Chapman from Chapman Group Realty, Inc.

Source: Georgia Multiple Listing Service #10854979

134 Ivey Edwards Ln, McDonough, GA, 30253

$800,000

4.91 ac.

Land

•

2 days on the market

What's around 134 Ivey Edwards Ln

About this property

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.

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