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$375,000
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Property Description
Prime Development Opportunity - 6.5 Acres - $375,000 Attention Builders and Investors! This rare opportunity offers a 6.5-acre parcel ideal for commercial development with residential lofts above. The Future Land Use Plan designates this area for Office Space (Mixed Use), making it highly likely that a Residential Loft concept would align with zoning requirements. A suggested site design has been created to illustrate the development potential of this property, incorporating shared entrances, exits, yard lighting, and multiple septic systems (see pictures for example). Preliminary soil testing suggests the land has adequate space for a conventional septic system and necessary stormwater retention areas. Additionally, the property is not within a floodplain or designated wetlands, ensuring ease of development. While this listing includes only the 6.5-acre parcel, the suggested site design also shows how acquiring the neighboring property could further enhance development opportunities. This project is envisioned as a condominium-style development, where individual buildings or groups of buildings could be sold as fee-simple units under a shared Property Owners Association (POA). Common areas, such as driveways, parking lots, septic systems, and drainage infrastructure, would be collectively managed. Additional infrastructure studies are recommended, including a full survey and hydrology report, estimated at approximately $16,000 (not included in the sale price). A centralized stormwater management system will need to be designed to ensure proper drainage. The property also features prime road frontage, providing excellent visibility and exposure for potential businesses. Final site plans will require approval from Locust Grove Planning & Zoning. Once a buyer is identified, further studies and designs can be tailored to match specific development goals. This is a unique investment opportunity in a rapidly growing area. Contact us today for more details or to schedule a site visit.
Full Property Details
Full Property Details for 0 Hwy 42 S
General
- Price: $375,000
- Taxes: $755 (2024)
- Status: Active
- Type: Lots/Land
- Source: GAMLS_Atlanta
- MLS ID: 10520658
- Updated: 3/2/2026
- Added to Site: 313 day(s) ago
Location
- County: Henry
- Driving Directions: If traveling from I-75, take Exit 212 and head east on Bill Gardner Parkway. Turn right at the intersection with Hwy 42 and continue through downtown Locust Grove. After passing Martin Luther King Blvd, the property will be on the opposite side of the road from Barnes Drive, which is the third street on your right past MLK Blvd.
School Information
- Elementary School: Locust Grove
- Middle School: Locust Grove
- High School: Locust Grove
Utilities
- Utility Description: Water Available
Lot Features
- Lot Size (Acres): 6.5
- Lot Size Range: 6.5
- Lot Size Source: Public Records
- Lot Description: Other
Financial Considerations
- Tax Amount: $755
- Tax Year: 2024
Listing Courtesy of: BHGRE Metro Brokers
Get Pre-Approved Today
Schools
Schools serving 0 Hwy 42 S
School District:Henry County School District
| Name | Grades | Distance |
|---|---|---|
Locust Grove Elementary School 95 Martin Luther King Jr. Boulevard, Locust Grove, GA 30248 | K-5 | 0.9 mi |
Locust Grove Middle School 3315 South Ola Road, Locust Grove, GA 30248 | 6-8 | 2.9 mi |
Locust Grove High School 3275 South Ola Road, Locust Grove, GA 30248 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 Hwy 42 S
Date
Details
Price
Change
Source
5/12/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Hwy 42 S
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$688,960
21%
2023
$1,190
—
$571,720
—
2023
$1,190
—
$574,240
-1%
2022
$1,190
—
$579,200
-3%
2021
$1,190
—
$595,960
-2%
2019
$1,190
—
$605,840
1%
2020
$1,190
—
$600,880
-1%
2018
$1,190
—
$608,040
286%
2017
$1,190
—
$157,360
2%
2015
$1,190
—
$154,400
4%
2014
$1,190
—
$148,360
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Hwy 42 S
0 Highway 42 S, Locust Grove, GA 30248 (MLS# 10520658) is a Lots/Land property with a lot size of 6.5 acres. 0 Highway 42 S is currently listed for $375,000 and was received on May 12, 2025. Want to learn more about 0 Highway 42 S? Do you have questions about finding other Lots/Land real estate for sale in Locust Grove? You can browse all Locust Grove real estate or contact a Coldwell Banker agent to request more information.

