770.913.3900

560 Coan Drive

560 Coan Drive

560 Coan Drive

Locust Grove, GA 30248

Land for Sale: 145 Acres
Residential Development Opportunity

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Contacts

John Speros

Senior Vice President, Brokerage

770.913.3910

jsperos@ackermanco.net

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John Thomas Speros

Associate, Brokerage

770.913.3949

jtsperos@ackermanco.net

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Kyle Gable

Broker

770.225.0718

kgable@ackermanco.net

Overview

Coan Drive is an opportunity to build a premium community to meet he future and growing housing needs for this market.

  • Located between historic Downtown McDonough and Locust Grove which offers shopping opportunities and several restaurants.
  • There is currently a 22.3 months supply of vacant developed lots (“VDLs”) in Henry County.
  • Located in the Locust Grove High District that had an average new home sale price of $421,000 through 2022.
  • Locust Grove High only has an 18.5 months supply of VDLs.
  • The property has 1,700 feet of frontage on Coan Drive.
  • 1/4 acre pond on the Property.
  • Over 50 acres of pasture on the Property, with the southern border of the Property being Tussahaw Branch.
  • Opportunity to build on larger septic lots in a beautiful area.