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0 Cobb - 50.7 +/- AC Mixed Use - Cobb Pkwy, Acworth

50.7 Acres of Commercial Land Offered at $9,567,922 CAD in Acworth, GA 30101

Investment Highlights

  • Zoned for Mixed Use with residential and commercial elements
  • All utilities in place
  • Access from 4 roads

Executive Summary

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.

Property Facts

Price $9,567,922 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
Total Lot Size 50.70 AC

1 Lot Available

Lot

Price $9,567,922 CAD
Price Per AC $188,716 CAD
Lot Size 50.70 AC

50.7-acre mixed-use development opportunity located within the City of Acworth. Bulk sale with road frontage on 4 roads.

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-0041-0-012-0
  • 20-0041-0-022-0
  • 20-0041-0-011-0
  • 20-0036-0-016-0
  • 20-0041-0-004-0
  • 20-0041-0-005-0
  • 20-0041-0-019-0
Land Assessment
$2,469,685 CAD
Improvements Assessment
$7,925 CAD
Total Assessment
$2,477,609 CAD

zoning

Zoning Code MU
MU
  • Listing ID: 24025566

  • Date on Market: 2021-09-02

  • Last Updated:

  • Address: 0 Cobb, Acworth, GA 30101

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