A rare large tract opportunity on the market, Fall Branch Estates presents the savvy investor or partnership many options to realize significant long-term value. This offering includes 154 platted lots spanning 143 acres, with the remaining acreage reserved for future phases (~250 lots possible), or conservation easement options for appealing tax benefits. There are nine miles of roads graded within the development with multiple gated access points. For utilities, a developer can choose to utilize individual septics, or connect to ~5 miles of pressurized, municipal water and sewer lines that have been run to the property. A lift station was installed on a one-acre riverfront parcel at the property base, with capacity for the long-term plans. A 250,000 gallon water tank exists on site. Underground electricity in place. The property directly borders the new Harrah’s River Casino. Conveniently located only 5 minutes from Murphy, and less than 2 hours from Atlanta & other major SE metros.
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MLS#: | 3657400 |
Price: | $1,950,000 |
Acreage: | 668 |
Structure Type: | Special Purchase |
Listing Courtesy Of: | Keller Williams Professionals |