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Listed by Stephen Lovett • Norton Commercial Acreage Grp
$6,750,000
Est. payment /mo
50.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10340458
HOA Y/N No
Annual Tax Amount $79,496
Tax Year 2024
Lot Size 50.700 Acres
Property Description
PROPERTY OVERVIEW Norton Commercial Acreage Group is proud to present this 50.7-acre mixed-use development opportunity located at the corner of Cobb Parkway and Old Acworth Dallas Highway in Northern Cobb County within the City of Acworth. The subject property is ideally positioned for multiple uses with road frontage on 4 roads: Cobb Parkway, Old Acworth Dallas Highway, Mayson Road and Old Grogan Road. Site is currently zoned MU with residential and commercial components. Zoning resolution is available upon request. The property has all utilities in place, including public water. Public Sewer is not currently available to the site. Site has approximately 640' of road frontage on Cobb Parkway, 1,860' on Old Acworth Dallas Highway, 800' on Mayson Road and 475' on Old Grogan Road. The property has full access at Old Acworth Dallas Highway and a completed DOT-approved right-in-right out access with deceleration and acceleration lanes in place on Cobb Parkway which has traffic counts of 42,700 VPD. The property is being offered as a bulk sale. Within a 3 mile radius, the average home sale price was $447,178 over the last year with only a 1.7-month supply of houses on the market. LOCATION OVERVIEW Acworth is located in the foothills of the North Georgia mountains. Nestled along the banks of Lake Acworth and Lake Allatoona, "The Lake City" boasts a rich history, charming downtown, abundant outdoor recreational activities, a vibrant restaurant scene and an active festival and events calendar. Home to a population of over 22,000 residents, Acworth is one of the fastest growing cities in the metro-Atlanta region. Businesses benefit from a low tax rate and residents enjoy a high quality of life. The proximity to I-75 and major transportation corridors will allow for continued economic growth. Furthermore Acworth serves as a medical hub for surrounding communities and is a draw from neighboring counties. Wellstar Acworth Health Park 0.6 miles - Publix, Mellow Mushroom, La Parilla 0.7 miles - Walmart 1.7 miles - Lakeside Retail Marketplace 2.9 miles - Acworth Beach 3.7 miles - Lakepoint Sports Complex 5.0 miles - Hartsfield Jackson Airport 45 miles HIGHLIGHTS Mixed Use Zoning in sought-after and fast-growing area Access from 4 roads
Location
State GA
County Cobb
Exterior
Community Features None
Utilities Available Electricity Available, Other, Water Available
Building
Sewer None
Schools
Elementary Schools Picketts Mill
Middle Schools Durham
High Schools Allatoona
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Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104