New Hope Road – 142 Acres

Overview

New Hope Road offers the following attributes:

• With 142.36 acres, the property allows for a large development offering a prime opportunity to enter into or expand within this
  market.
• About 7 miles from Interstate 75, offering convenient access to the interstate via the Bill Gardner Parkway interchange.
• Downtown McDonough is approximately 8 miles away, offering dining, retail and entertainment.
• Located in Henry County, the 4th best-selling county in Metro Atlanta for new house sales. The months supply of vacant developed lots (“VDLs”) is currently 17.4.
• Henry County currently has new detached houses selling for an average of $305,000.
• Located in Locust Grove High School district with only an 14.9 months supply of VDLS, meaning land will need to be
  developed in order to meet the housing demand.
• Located less than 1.5 miles from 1,466 acre Tussahaw Reservoir. This reservoir has walking trails and lake access.
• Potential for a septic residential community with large lots.