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Highland Pavilion way Assemblage

10.9 Acres of Commercial Land Offered at £1,716,075 in Dallas, GA 30157

Executive Summary

The Highland Pavilion Way Assemblage (the “Assemblage”) is a fantastic development opportunity in Hiram, Georgia, a high-growth area of Paulding County, located in the northwestern sector of the Atlanta MSA. This property is comprised of 10.91 contiguous acres along Hwy-278 (Jimmy Lee Smith Pkwy), just east of WellStar Paulding Hospital, the premier healthcare destination in Paulding. The Assemblage offers City of Hiram B-2 (Highway Business District) zoning, a permissive commercial zoning designation which offers a multitude of uses. The Assemblage benefits from pre-existing infrastructure work including roaads, grading, and sewer. Given the proximity to the busy hospital and recent, ongoing development in the immediate surrounds, the Assemblage offers developers substantial upside in a prime metro Atlanta location.

Property Facts

Price £1,716,075
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units - Senior
  • Auto Dealership
  • Bank
  • Contractor Storage Yard
  • Golf Course or Driving Range
  • Health Club
  • Hotel
  • Medical
  • Refrigeration or Cold Storage
  • Restaurant
  • Strip Centre
  • Warehouse
Total Lot Size 10.90 AC

1 Lot Available

Lot

Price £1,716,075
Price Per AC £157,438
Lot Size 10.90 AC

-10.9 acres -Zoned B-2( City of Hiram) -Land is graded with infrastructure (Sewer, Road) -Assemblage includes the private road, Highland Pavilion Way.

Description

The Assemblage is currently comprised of seven parcels that account for 10.91 contiguous acres. The land is largely flat, but has some incline on the northwest portion of the project. At present, the Paulding County DOT infrastructure work on the Breezy Valley Connector has yet to commence, but is slated for completion in the near future. Located on former farmland that was graded and cleared in the early 2000’s, the Assemblage is now bordered immediately to the west by Manor Lake Assisted Living, to the south by homes in the Highland Falls neighborhood, and to the east by the Highland Falls neighborhood clubhouse. The area’s economic growth jumpstarted in 2014 with the delivery of WellStar Paulding Hospital, a 112-bed state-of-the-art regional medical destination. The Assemblage sits 800 feet from the main entrance of the $150+ million WellStar Paulding Hospital and is directly situated in the path of progress at one of the most valuable intersections in Paulding County. The Breezy Valley Connector will create direct access from the Assemblage to the main entrance of WellStar Paulding. The area between the hospital and the Assemblage has already seen a massive wave of development activity, including multiple high-end projects that launched in 2021, which has developed into Manor Lake Senior Assisted Living and Memory Care (a fully-occupied 94-bed facility), a Racetrac gas station, and a high-end carwash. Multiple parcels adjacent to the Assemblage just traded or are presently under contract for development, including a new Holiday Inn Express hotel and a 9-acre cottage/independent living addition to Manor Lake (both projects slated for delivery within the next two years). In addition to the development momentum directly adjacent to the Assemblage, schematics from Paulding County Department of Transportation (PDOT) plan for the completion of the Breezy Valley Road connector, as well as the possible addition (dependent on the Assemblage‘s ownership’s desire) of a “T-split” from Breezy Valley that will link Highland Pavilion Way directly to Bill Carruth Pkwy and the hospital’s entrance. With the completion of this infrastructure project, the Assemblage substantially benefits from improved visibility and accessibility, which opens the doors for a medical, retail, logistics, recreational, or residential uses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 071495
  • 071499
  • 071496
  • 071498
  • 071494
  • 071497
  • 071502
Land Assessment
£199,329
Improvements Assessment
£0
Total Assessment
£199,329

zoning

Zoning Code B-2 (Highway Business District)
B-2 (Highway Business District)
  • Listing ID: 29951885

  • Date on Market: 02/11/2023

  • Last Updated:

  • Address: Highland Pavilion way Assemblage, Dallas, GA 30157

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