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0 Highway 316 (One University Parkway) hwy
Statham, GA 30666
360-Acre Mixed Use Development Opportunity · Land For Sale
·
360.00 AC
INVESTMENT HIGHLIGHTS
- Site claims all four corners at intersection of Wall Rd and Highway 316
EXECUTIVE SUMMARY
Sale Price: $27,000,000
Price / Acre: $75,000
Lot Size: 360 Acres
Zoning: PUD (600 Units 2,500,000 of Mixed Use Non-Residential)
Utilities: All Available Sewer is NOT to site but is nearby
Road Frontage: 8,300' Hwy 316
VPD: 27,800 (GDOT)
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $37,231,109 CAD | Lot Size | 360.00 AC |
| Price Per AC | $103,419.75 CAD |
| Price | $37,231,109 CAD |
| Price Per AC | $103,419.75 CAD |
| Lot Size | 360.00 AC |
Strategically located between the I-85 corridor and The University of Georgia in Athens this offering includes 7 parcels which are assembled as a 360 +/- acre mixed-use development.
DESCRIPTION
PROPERTY OVERVIEW Norton Commercial Acreage Group is proud to present One University Parkway, boasting a tremendous location in the direct path of growth between the established commercial node at Barrow Crossing to the west and all that Athens has to offer to the east. Strategically located between the I-85 corridor and The University of Georgia in Athens this offering includes 7 parcels which are assembled as a 360 +/- acre mixed-use development. Site is already GRAD Certified (Georgia Ready for Accelerated Development) as a master planned community offering multifamily, single family, retail, office and even light industrial uses. All utilities are in place but bringing Sewer to site will be the key to unlock additional value. 8,300 +/- feet of road frontage on Hwy 316 (University Parkway) and prime corners with Wall Road and McCarty Road allow for multiple entrances. The property lays extremely well and is highly useable. This whole area is in dire need of new housing as housing supply is at an all-time low and the lot supply is well below equilibrium. LOCATION OVERVIEW Site is strategically located and claims all 4 corners at the full access intersection of Wall Road and Highway 316. Subject property is about 1.2 miles from Statham’s main commercial parks and downtown Statham. Downtown Winder is only a 10-minute drive and a very short commute to the University of Georgia - downtown Athens is about 17 miles east of the site. The property offers easy access to Highway 211, Highway 365 and Atlanta Highway. Located in the Statham Elementary, Bear Creek Middle and Winder-Barrow High School districts. Downtown Atlanta is but an hour’s drive.
