Property across from Norcross High School, currently zoned residential, is on the market.
The property, some three-and-a-half acres, is part of the Spalding Terrace subdivision. Many of the homes in the development were built in the late 1970s and sit on acre lots, something common back when there was plenty of land and few residents.
Edward Hales, a broker with Workman & Co. is marketing the property in behalf of two homeowners whose residences are located at the entrance to the subdivision.
"There are two lots for sale," said Hales. The price he quoted was $250,000 per acre. The property has been up for sale for about a year, said Hales who added, "the owners are motivated."
The two tracts of land (and the Spalding Terrace subdivision) are sandwiched in between Wesleyan School, a small commercial development and a larger subdivision that fronts Medlock Bridge Road.
The two homes are directly across from another residence which was just recently rezoned so that the Wesleyan School could build several additional tennis courts for student use.
The home on that property is slated to be razed soon to make room for the construction.
Currently zoned R-100, Hales said the property could be rezoned and redeveloped for commercial, mixed use, a senior development or for apartments.
What do you think is the best use for this property?
Editor's note: It is just these types of issues that the city's Comprehensive Plan, which is currently being developed, will be addressing. For more on those plans, visit the city's website or call your City Council member.
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