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397 Rockhouse Rd E - Cordele Regional Development Opportunity

450 Acres of Industrial Land in Cordele, GA 31015

Investment Highlights

  • Land | 450 acres/ Short window to buy up soon to be developed truck stop.
  • This investment opportunity presents a rare chance to acquire an already approved truck stop with all permits in hand and due diligence completed!

Executive Summary

Three opportunities for sale in Cordele, Ga!
Option 1: Purchase 450 acres of land to develop for industrial uses and take advantage soon to be built truck stop! Asking $30,000 and acre for the 450 acres. Acres can be parceled off but for a Minium of $50,000 per acre. Owner to pay fee to both parties. )
Option 2 $ 7,925.000.00 Land only ( Does not include any existing building demolition, curb and gutter or site work or demolition, removal of any asphalt, new civil design, new architectural design, new DOT design requirements, new access road design or construction, design of new underground utilities or construction of underground utilities) all as is. (Buyer to pay both brokers fees) Separate owner for the truck stop
 
Option 3: $ 18,975,000.00 This amount includes the following.: 16 acres of land, Civil design, DOT design, architectural design, MEP design, underground utility design, all LDP permits., building permits, GDOT permits, civil approved drawings from local and state authorities, access road design. approval of all graphic building designs, new construction of a 13,000 square foot plus or minus facility, construction of a new maintenance facility 4500 square feet plus or minus, all underground utilities installed as required, new sewer filtration system as required., all landscaping installed as required,$500,000 food and store equipment budget, all graphic designs for the building as required, all petroleum equipment installed as required (Sixteen dispensers up front for fueling, 6 diesel lane dispensers on side area, canopy for front dispensers, canopy for diesel lane dispensers, all POS system installed as required), A complete turnkey on the project  as currently designed. (Buyer to pay both broker fees separate owner for the truck stop. )
 
A New Cost-Plus Contract Agreement will need to be put in place . This will be a cost-plus contract with a fee of 10%. if option 3 is taken.
 
This investment opportunity presents a rare chance to acquire an already approved truck stop with all permits in hand and due diligence completed, or alternatively, to purchase 16 acres of land for future development. Additionally, investors have the option to purchase 450 acres of prime real estate right off I-75, with access to a soon-to-be fully functioning truck stop and nearby rail services.
Option 1: Purchase of 450 Acres with Access to Truck Stop and Rail
Key Features:
Land Size: 450 acres of prime real estate with excellent access to major transport routes.
Proximity to Truck Stop: Located near a soon-to-be fully functioning truck stop, enhancing the land's value and utility.
Rail Access: Proximity to rail services provides additional logistical advantages for various types of development.
Investment Benefits:
Comprehensive Development Potential: Suitable for a wide range of developments, including logistics hubs, industrial parks, and mixed-use projects.
Strategic Positioning: Access to both road and rail transport enhances the site's attractiveness for large-scale commercial and industrial projects.
Future Growth: Positioned to benefit from future infrastructure developments and the increasing demand for integrated transport solutions.
Option 2: Purchase of Approved Truck Stop
Key Features:
Location: Prime location with high traffic visibility and accessibility.
Permits: All necessary permits are secured, expediting the development process.
Due Diligence: Comprehensive due diligence completed, ensuring a clear and hassle-free transaction.
Investment Benefits:
Immediate Operation: Ready for immediate development and operation, minimizing lead time and accelerating revenue generation.
Reduced Risk: Permits and due diligence significantly reduce the risk and uncertainty typically associated with new developments.
Strategic Location: Positioned to capitalize on high traffic flow and the growing demand for truck stops, especially in strategic transport corridors.
Option 3: Purchase of 16 Acres for Future Development Truck Stop
Key Features:
Land Size: 16 acres of strategically located land, suitable for a truck stop development.
Flexibility: Offers the flexibility to develop the property according to future market conditions and investor preferences.
Investment Benefits:
Long-Term Potential: Potential for significant appreciation in land value as demand for truck stops and related services grows.
Development Control: Investors can plan and execute the development at their own pace, optimizing the timing and scale of the project.
Strategic Holding: Ideal for investors looking to diversify their portfolio with a strategic land holding in a prime location.
Conclusion
This investment opportunity offers multiple avenues for strategic growth and high returns. Whether opting for the ready-to-operate truck stop, acquiring land for future development, or investing in a larger tract of land with significant development potential, investors can capitalize on the growing demand for transport and logistics infrastructure. Each option presents unique benefits, catering to different investment strategies and timelines.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Distribution
  • Hold For Development
  • Industrial Park
  • Self Storage
  • Trailer or Camper Park
  • Truck Stop
  • Warehouse
Total Lot Size 450.00 AC

1 Lot Available

Lot

Lot Size 450.00 AC

Description

This investment opportunity presents a rare chance to acquire an already approved truck stop with all permits within weeks of being final and due diligence completed, or alternatively, to purchase 16 acres of land for future development. Additionally, investors have the option to purchase 450 acres of prime real estate right off I-75, with access to a soon-to-be fully functioning truck stop and nearby rail services. Three opportunities for sale in Cordele, Ga! Option 1: Purchase 450 acres of land to develop for industrial uses and take advantage soon to be built truck stop! Asking $30,000 and acre for the 450 acres. Acres can be parceled off but for a Minium of $50,000 per acre. Owner to pay fee to both parties. ) Option 2 $ 7,925.000.00 Land only ( Does not include any existing building demolition, curb and gutter or site work or demolition, removal of any asphalt, new civil design, new architectural design, new DOT design requirements, new access road design or construction, design of new underground utilities or construction of underground utilities) all as is. (Buyer to pay both broker fees) This land is on the 450 acres and was sold to the existing tenant. They are willing to sell the 16 acre parcel. Option 3: $ 18,975,000.00 This amount includes the following.: 16 acres of land, Civil design, DOT design, architectural design, MEP design, underground utility design, all LDP permits., building permits, GDOT permits, civil approved drawings from local and state authorities, access road design. approval of all graphic building designs, new construction of a 13,000 square foot plus or minus facility, construction of a new maintenance facility 4500 square feet plus or minus, all underground utilities installed as required, new sewer filtration system as required., all landscaping installed as required,$500,000 food and store equipment budget, all graphic designs for the building as required, all petroleum equipment installed as required (Sixteen dispensers up front for fueling, 6 diesel lane dispensers on side area, canopy for front dispensers, canopy for diesel lane dispensers, all POS system installed as required), A complete turnkey on the project as currently designed. (Buyer to pay both broker fees separate owner for the truck stop.)This land is on 450 acres and was sold to the existing tenant. The tenant is willing to sell the development. A New Cost-Plus Contract Agreement will need to be put in place . This will be a cost-plus contract with a fee of 10%. if option 3 is taken. Investment Highlights This investment opportunity presents a rare chance to acquire an already approved truck stop with all permits in hand and due diligence completed, or alternatively, to purchase 16 acres of land for future development. Additionally, investors have the option to purchase 450 acres of prime real estate right off I-75, with access to a soon-to-be fully functioning truck stop and nearby rail services. Option 1: Purchase of 450 Acres with Access to Truck Stop and Rail Key Features: Land Size: 450 acres of prime real estate with excellent access to major transport routes. Proximity to Truck Stop: Located near a soon-to-be fully functioning truck stop, enhancing the land's value and utility. Rail Access: Proximity to rail services provides additional logistical advantages for various types of development. Investment Benefits: Comprehensive Development Potential: Suitable for a wide range of developments, including logistics hubs, industrial parks, and mixed-use projects. Strategic Positioning: Access to both road and rail transport enhances the site's attractiveness for large-scale commercial and industrial projects. Future Growth: Positioned to benefit from future infrastructure developments and the increasing demand for integrated transport solutions. Option 2: Purchase of Approved Truck Stop Key Features: Location: Prime location with high traffic visibility and accessibility. Permits: All necessary permits are secured, expediting the development process. Due Diligence: Comprehensive due diligence completed, ensuring a clear and hassle-free transaction. Investment Benefits: Immediate Operation: Ready for immediate development and operation, minimizing lead time and accelerating revenue generation. Reduced Risk: Permits and due diligence significantly reduce the risk and uncertainty typically associated with new developments. Strategic Location: Positioned to capitalize on high traffic flow and the growing demand for truck stops, especially in strategic transport corridors. Option 3: Purchase of 16 Acres for Future Development Truck Stop Key Features: Land Size: 16 acres of strategically located land, suitable for a truck stop development. Flexibility: Offers the flexibility to develop the property according to future market conditions and investor preferences. Investment Benefits: Long-Term Potential: Potential for significant appreciation in land value as demand for truck stops and related services grows. Development Control: Investors can plan and execute the development at their own pace, optimizing the timing and scale of the project. Strategic Holding: Ideal for investors looking to diversify their portfolio with a strategic land holding in a prime location. Conclusion This investment opportunity offers multiple avenues for strategic growth and high returns. Whether opting for the ready-to-operate truck stop, acquiring land for future development, or investing in a larger tract of land with significant development potential, investors can capitalize on the growing demand for transport and logistics infrastructure. Each option presents unique benefits, catering to different investment strategies and timelines.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
034L-016B 01
Land Assessment
£449,564
Improvements Assessment
£305,711
Total Assessment
£755,276

zoning

Zoning Code A5 (Agricultural District)
A5 (Agricultural District)
  • Listing ID: 24594095

  • Date on Market: 03/12/2021

  • Last Updated:

  • Address: 397 Rockhouse Rd E, Cordele, GA 31015

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