1917 Smith Rd, Forsyth, GA 31029, USA

$3,000,000

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Acres: 57 acres • Market Value: Estimated based on recent sold comps • Price: $3,000,000 •Under contract price: $2,900,000 •Assignment fee: $100,000 • Road Frontage: Yes • Zoning: subdividable Townhouses for single family homes can be built on this land. • EMD: $25,000 It is currently zoned agricultural land. Once the nearby annex is completed you can build whatever you want on this land. Look at the attachments for reference. No appraisal or LDP has been completed. See attached soil test and survey repost. • Additional Notes: Close to major roads and possible for future development. The average salary in Forsyth GA is $59,466 yearly. Population was 4,384 people, 1687 households, 883 families in 2020 according to the census. The Forsyth commercial historic district is listed on the National Register of Historic places and is a tourist attraction. The Monroe County School District holds preschool to grade twelve, and consists of three elementary schools, two middle schools, and a high school. A new nbhd of nearly 200 homes is one step closer to being developed in south Forsyth County, GA. Additionally, a 54-home community is slated for development in northwest Forsyth County in 2025. Another development in Forsyth County includes 222 single family homes, 219 townhomes, 300 apartments, and more than 70,000 square feet for retail. This land has all utilities, water and electricity. Nearby new construction recently sold for $500k to $600k. Seller would like to close in 30-35 days.