Bull Realty Brokers $10.2 Million Tract of Land in Henry County, GA

ATLANTA - Sept. 15, 2016 - PRLog -- Bull Realty brokered the sale of a 920 acre contiguous land tract located on Georgia State Route 20 between McDonough and Hampton, GA. The sale closed on Aug. 31, 2016 for $10.2 million.

Located a few miles from soon-to-be "Jodeco Atlanta South," (a proposed $300 million mixed-use project), the tract has been master planned for a commercial, residential and retail development known as Henderson Farms.

The proposed master development plan is made up of 6 pods, the largest of which is 454 acres zoned for 415 estate homes and 66 attached senior ranch condos. Plans also include 156 acres of mixed-use along Georgia State Route 20 bordered by a total of 106 acres of multifamily. Remaining acreage includes 102 acres of single-family detached residential and proposed sites for a church and daycare.

Perry Hayes and Tom French handled the assignment for Bull Realty and the seller, Henderson Farms, LP. The purchase served as a replacement property for a 1031 buyer, Henderson Farms Henry, LLC.

"It's a good sign for the economy that the marketing of this property brought out multiple buyers, especially since the property is located 34 miles from downtown Atlanta in Henry County, which is considered a suburban county," said Hayes.

For more information contact Bull Realty at 404-876-1640 or Info@BullRealty.com - Bull Realty, Inc. (www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in ten states providing acquisition, disposition, leasing and advisory services. The firm also produces and hosts The Commercial Real Estate Show (www.CREshow.com).