Prime 50 Acre Mixed Use Development Opportunity

PROPERTY OVERVIEW Norton Commercial Acreage Group is proud to present this fifty-point-seven-acre mixed-use development opportunity located at the corner of Cobb Parkway and Old Acworth Dallas Highway in Northern Cobb County within the City of Acworth. The subject property is ideally positioned for multiple uses with road frontage on four roads: Cobb Parkway, Old Acworth Dallas Highway, Mayson Road and Old Grogan Road. The site is currently zoned Mixed Use with residential and commercial components. Zoning resolution is available upon request. The property has all utilities in place, including public water. Public sewer is not currently available to the site. The site has approximately six hundred forty feet of road frontage on Cobb Parkway, one thousand eight hundred sixty feet on Old Acworth Dallas Highway, eight hundred feet on Mayson Road and four hundred seventy-five feet on Old Grogan Road. The property has full access at Old Acworth Dallas Highway and a completed Department of Transportation-approved right-in-right-out access with deceleration and acceleration lanes in place on Cobb Parkway which has traffic counts of forty-two thousand seven hundred vehicles per day. The property is being offered as a bulk sale. Within a three-mile radius, the average home sale price was $447,178 over the last year with only a one-point-seven-month supply of houses on the market.

LOCATION OVERVIEW Acworth is located in the foothills of the North Georgia mountains. Nestled along the banks of Lake Acworth and Lake Allatoona, ”The Lake City” boasts a rich history, charming downtown, abundant outdoor recreational activities, a vibrant restaurant scene and an active festival and events calendar. Home to a population of over twenty-two thousand residents, Acworth is one of the fastest growing cities in the metro-Atlanta region. Businesses benefit from a low tax rate and residents enjoy a high quality of life. The proximity to Interstate Seventy-Five and major transportation corridors will allow for continued economic growth. Furthermore, Acworth serves as a medical hub for surrounding communities and is a draw from neighboring counties. Wellstar Acworth Health Park zero-point-six miles - Publix, Mellow Mushroom, La Parilla zero-point-seven miles - Walmart one-point-seven miles - Lakeside Retail Marketplace two-point-nine miles - Acworth Beach three-point-seven miles - Lakepoint Sports Complex five point zero miles - Hartsfield Jackson Airport forty-five miles

HIGHLIGHTS Mixed Use Zoning in sought-after and fast-growing area Access from four roads