$7,350,000
SOLD! This approximately 50.7+/- acre proposed mixed-use development site comprised of 30.5 acres of residential land and 20.2 acres of Commercial is well situated along Hwy. 41 Cobb Pkwy North and Hwy 92 / Old Acworth-Dallas Rd NW with over 1,300’ of road frontage and 46,000 vehicles passing by daily, of which 94% are passenger vehicles and it is surrounded by strong financial demographics.
The property recently received city zoning approval for 40 Detached Residential Cottage Lots measuring 55’ x 120’, and 33 Detached Home Lots measuring 70’ x 130’; a 50,000 sq’ anchor store, 35,600 sq’ of retail shop space, and 6 outparcels.
The site is immediately proximate to grocery (Publix) and daily conveniences including big box shopping stores, pharmacies, banks, and fast food retailers that provide key support to residential development. Additionally, there is a Wellstar Medical Health Park just north and outdoor recreation in abundance with Lake Allatoona just around the corner, as well as state parks that include Red Top Mountain north of Lake Allatoona and LakePoint Sports, a 1,400-acre sporting complex up I-75.