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4840 Hickory Rd

2.69 Acres of Commercial Land Offered at £1,643,145 in Woodstock, GA 30188

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Investment Highlights

Subject 2.69 +/- acres is part of 23 abutting acres to be developed.
Property is located in Cherokee/Woodstock, which is a fast-growing exurban submarket northwest of Atlanta
LDP (Land Disturbance Permit) has been recently approved and issued.

Zoned General Commercial allowing for multiple kinds for developments
Household Growth is projected to increase by 11.34% through '20 - '25 within a 1 mile radius
Hickory Road has a growing traffic count of 8,283 per day. Hickory Flat Hwy, a traffic count of 15,000 cars per day. E. Cherokee Dr 10,608 per day.

Executive Summary

LDP (Land Disturbance Permit) has been recently approved and issued at this site. Prime future pad ready 2.69 +/- acre corner lot zoned GC with MXD-1 overlay (general commercial with mixed use development) in the absolutely popular area of Holly Springs! This lot abuts to a future large development to take place on the 19 acres adjacent to it. Future development directly around this parcel will bring 100 +/- units of residential housing, office space, retail, and more. Current zoning would allow multiple commercial developments that could cater to the future surrounding project as well as the growing population within the immediate area of Holly Springs. This corner lot provides exposure to both E. Cherokee Drive and Hickory Rd that demonstrate favorable traffic counts that are projected to grow for this site. Sewer and utilities will all accessible at this parcel which make future development even more appealing.

Corner OM

Property Facts

Price	£1,643,145	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Daycare Centre Medical
No. Lots	1	Total Lot Size	2.69 AC
Property Type	Land

Price	£1,643,145
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Daycare Centre Medical
Total Lot Size	2.69 AC

1 Lot Available

Lot

Price	£1,643,145	Lot Size	2.69 AC
Price Per AC	£610,835

Price	£1,643,145
Price Per AC	£610,835
Lot Size	2.69 AC

The lot is level and provides accessibility to available water, sewer, and other utilities. The corner acreage will grant exposure to both E. Cherokee Drive, Hickory Rd, and nearby Hickory Flat Hwy where traffic counts continue to increase.

Description

The subject parcel has been annexed into the fast growing and development friendly City of Holly Springs within Cherokee County. This area has experienced above average population growth that have exceeded Atlanta and other surrounding submarkets over the past decade. Such growth have contributed to the strong demand for retail space in the area. This prime 2.69 +/- acre corner lot is ideal for development. The lot is level and provides accessibility to available water, sewer, and other utilities. The corner acreage will grant exposure to both E. Cherokee Drive, Hickory Rd, and nearby Hickory Flat Hwy where traffic counts are predicted to continue to increase and grant the high probability of success for the right project at this specific corner location.

zoning

Zoning Code	GC and MXD-1 (General Commercial with MXD 1 overlay Approved LDP issued)
GC and MXD-1 (General Commercial with MXD 1 overlay Approved LDP issued)