|Price/Rent PSF||$ 2,920,000.00|
Beautiful heavily wooded with pasture areas and a large lake. 167 (+/-) acres with multiple single-family residences located on property. Road Frontage on Tara Blvd. & Poston Road. Barn & Pavillion area on property. Property would be suitable for multiple uses both residential & commercial. GaDOT recently acquired approximately 1/2 acre at Tara Blvd. and Poston Rd. to enhance the intersection.
167 wooded acres is located outside of historic Jonesboro, Ga, just minutes south of Atlanta. It has 3 residential structures which are leased, along with several other utility type buildings (Gross revenues for these residents total in excess of $36,000 annually) It is partially wooded with vacant areas for pasture and other uses and has a beautiful spring-fed lake. The property fronts on the busy Tara Blvd., which with the recent amendments to the county's land use plan, the property along the road frontage could eventually be zoned for commercial/retail use. The property is ideal for mixed-use development.