$2,000,000
 $10,736 est/mo Sourced by Back At You

5521 Atlanta Highway , Rutledge, GA 30663

Rutledge, GA 30663

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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

Details

MLS#10437955
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site14
Listing Provided ByA P Duncan & Associates LLC | Ainsley Duncan

Features

Acreage10.25

Market Activity 30663

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StateGA
CountyMorgan
CityRutledge
Zip Code30663
School DistrictMorgan County
Elementary SchoolMorgan County Primary/Elementa
Middle SchoolMorgan County
High SchoolMorgan County
Listing VS Median (in 30663)
Price:
$2,000,000
low | high
Med:
$460,450
100% of Average
On Site:
14
low | high
Med:
29.000000
48.275862068966% of Average
Sourced by Back At You
Listing Updated: January 24, 2025 at 2:29:50 AM PST