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$ 2,000,000
Est. payment /mo
Active
5521 Atlanta Rutledge, GA 30663
10.25 Acres Lot
UPDATED:
01/24/2025 06:05 AM
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10437955
HOA Y/N No
Originating Board Georgia MLS 2
Annual Tax Amount $2,182
Tax Year 2023
Lot Size 10.250 Acres
Acres 10.25
Lot Dimensions 10.25
Property Description
Situated on Atlanta Highway (Highway 278) in Rutledge, GA, this 10.25-acre tract of land presents an unparalleled investment opportunity. With its gently sloping, almost flat topography and strategic location just over a mile from the future Rivian Automotive Factory, this property is ideally positioned to benefit from the area's rapid economic growth. The Rivian factory, projected to employ up to 7,500 workers, will create significant demand for housing, grocery stores, restaurants, office spaces, medical facilities, and other local services. With the nearest market located in Covington, 20 minutes away, this property offers investors the chance to establish a vital hub for the growing Rutledge community. Beyond Rivian, the area is supported by substantial corporate investment, including Facebook's 970,000-square-foot data center (10 minutes away) and Shire's $1.2 billion facility (7 minutes away). The influx of high-income professionals from these and other employers further drives the need for thoughtfully planned mixed-use developments. While the land is primed for multifamily housing, there is also a unique opportunity to assemble additional nearby parcels, enabling a large-scale mixed-use development that combines residential, retail, and commercial spaces. Investors can capitalize on Rutledge's momentum and create a transformative project that meets the growing needs of this thriving region. This property represents a rare chance to shape the future of Rutledge, leveraging its proximity to Covington-a vibrant town known as the "Hollywood of the South"-and tapping into the area's dynamic growth story. Don't miss the opportunity to be at the forefront of this region's transformation while reaping the rewards of a high-potential investment. HOME IS CURRENTLY OCCUPIED, CALL FOR VIEWING APPOINTMENTS
Location
State GA
County Morgan
Interior
Fireplace No
Exterior
Community Features None
Utilities Available Electricity Available
View Y/N No
Private Pool No
Building
Lot Description None
Faces call listing agent at 404-964-4907 to arrange a tour of the property.
Sewer Private Sewer
Water Public
New Construction No
Schools
Elementary Schools Morgan County Primary/Elementa
Middle Schools Morgan County
High Schools Morgan County
Others
Tax ID 012 061
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