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3602 Ernest W Barrett Pky SW

4.36 Acres of Commercial Land Offered at £1,877,880 in Marietta, GA 30064

Investment Highlights

  • 4.36 acres substantially useable / zoned Low Rise Office
  • Favorable soils and phase 1 reports
  • 42,000+ population / $128,000+ avg. HH inc. 3 miles
  • 520 feet frontage / curb cut at median break / 30,000+ traffic count
  • All utilities with sewer on adjacent parcel (Target)

Executive Summary

Video: at https://vimeo.com/871272955
For sale is 4.36 acres of substantially useable commercially zoned land in unincorporated west Cobb County.
The property is located on the west side of Ernest Barrett Parkway 1,000+- feet south of the intersection of GA Highway 120 (Dallas Highway), a heavily retailed intersection with a Publix anchored shopping center, Lowe’s and Home Depot. The property is adjacent to a Target anchored center with Staples, and walking distance to Starbucks, Chick-fil-A, Burger King, Taco Bell and Krystal. Traffic counts exceed 30,000 vehicles per day on Ernest Barrett Parkway, a major north-south artery terminating at I-75.
The site topography is fairly level with some slope at the rear. Favorable geotechnical soils study and environmental phase 1 report are available. A former single family home with no historical value is considered a tear down. The site has high visibility with 520 feet of frontage on Ernest Barrett Parkway and is easily accessed via a curb cut at the median break and turn lanes in front of the property. The on-site utilities are electric, gas, water and septic with sewer on adjacent parcel. The south and west property boundaries abutting single family uses may be mitigated with landscaping and buffers.
The property is zoned LRO (Low Rise Office) and designated as CAC (Community Activity Center) on Cobb County's Future Land Use map. The property's LRO zoning allows for a variety of commercial uses including: banks, office, medical office, assisted living, child care, educational, and considering the location of the property, rezoning is possible. The adjacent Target center is zoned CRC (Community Retail Center) and outparcels are zoned GC (general commercial).

Property Facts

Price £1,877,880
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Apartment Units - Senior
  • Community Centre
  • Healthcare
  • Master Planned Community
  • Medical
  • Self Storage
Total Lot Size 4.36 AC

1 Lot Available

Lot

Price £1,877,880
Price Per AC £430,706
Lot Size 4.36 AC

4.36 acres substantially useable. Zoned Low Rise Office. 520 feet frontage with curb cut at median break, 30,000+ traffic count. Favorable soils and phase 1 reports. All utilities with sewer on adjacent parcel (Target).

Description

Video: https://vimeo.com/871272955 For sale is 4.36 acres of substantially useable commercially zoned land in unincorporated west Cobb County. The property is located on the west side of Ernest Barrett Parkway 1,000+- feet south of the intersection of GA Highway 120 (Dallas Highway), a heavily retailed intersection with a Publix anchored shopping center, Lowe’s and Home Depot. The property is adjacent to a Target anchored center with Staples, and walking distance to Starbucks, Chick-fil-A, Burger King, Taco Bell and Krystal. Traffic counts exceed 30,000 vehicles per day on Ernest Barrett Parkway, a major north-south artery terminating at I-75. The site topography is fairly level with some slope at the rear. Favorable geotechnical soils study and environmental phase 1 report are available. A former single family home with no historical value is considered a tear down. The site has high visibility with 520 feet of frontage on Ernest Barrett Parkway and is easily accessed via a curb cut at the median break and turn lanes in front of the property. The on-site utilities are electric, gas, water and septic with sewer on adjacent parcel. The south and west property boundaries abutting single family uses may be mitigated with landscaping and buffers. The property is zoned LRO (Low Rise Office) and designated as CAC (Community Activity Center) on Cobb County's Future Land Use map. The property's LRO zoning allows for a variety of commercial uses including: banks, office, medical office, assisted living, child care, educational, and considering the location of the property, rezoning is possible. The adjacent Target center is zoned CRC (Community Retail Center) and outparcels are zoned GC (general commercial).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-0027-0-007-0
Land Assessment
£286,611
Improvements Assessment
£40,249
Total Assessment
£326,861

zoning

Zoning Code LRO (Low Rise Office)
LRO (Low Rise Office)
  • Listing ID: 29110581

  • Date on Market: 26/07/2023

  • Last Updated:

  • Address: 3602 Ernest W Barrett Pky SW, Marietta, GA 30064

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