Residential Land For Sale

Picture of Residential Land For Sale in Marietta, Georgia, United States

$2,700,000

2460 Tuxedo Ln NW
Marietta, Georgia, United States

Listed By: Realtyww Info

Listed On: 08/16/2024

Listing ID: GL11602019 View More Details

Description

An enticing development opportunity awaits prospective buyers at 2460 Tuxedo Ln. Spanning 9.3 acres, this property provides versatile potential usage for a high-end sign family subdivision, or a 55+ Active Adult Community. Whether shooting for single family, or active adult, both would require a rezoning from the current R-80 zoning. A rezoning to RSL for 55+ would require the security of other surrounding properties, or access through the adjoining RSL subdivision. Surrounding the area are several new residential developments in both categories, with pricing starting in the high $600's and venturing past the $1M mark. A single family subdivision should yield roughly 16 lots, whereas a 55+ community should yield around 32 lots based on our calculations. Sewer is not on site, but is nearby.

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Listed by: Kyle Crutchfield