About This Home
This land at 6661 Highway 42 in Rex, GA is listed for $65,000 (0.77 acres).
Key Features
- 0.77 acre lot
- Waterfront
Amenities
Prime .77-Acre RM-Zoned Development Opportunity | Multifamily & Institutional Potential Strategically positioned .77-acre parcel zoned RM (Multiple Family Residential), offering immediate development potential with all utilities available at the site.
This property is ideally suited for a multifamily development, townhome project, or build-to-rent community, delivering the density and flexibility today's residential market demands. Permitted uses include multifamily dwellings such as apartments or condominiums; townhomes and row homes; senior living, assisted living, or nursing facilities; institutional use including educational institutions; and approved residential-based operations.
The RM zoning supports a range of development strategies, allowing investors to pursue long-term rental income, for-sale product, or specialized housing models. With utilities in place and nearly three-quarters of an acre to design an efficient site plan, this parcel presents a streamlined path from acquisition to construction.
Ideal for multifamily developers, build-to-rent operators, senior housing investors, and institutional users seeking residential zoning flexibility with potential upside. Located less than one minute from I-675, with quick access to I-75 and I-285, and approximately a 20-minute commute to Hartsfield-Jackson Atlanta International Airport, this parcel combines strategic location with long-term upside in a growing corridor. Buyer to verify intended use with local planning and zoning
Location
6661 Highway 42
Rex, GA 30273
Property Details
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Questions & Answers
This 0-bedroom, 0-bathroom land at 6661 Highway 42 is listed at $65,000. The estimated monthly payment is $348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.77 acre lot, Waterfront.
This property is listed by Henry Mitchell and can be reached at 6783627237.