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0 North Tibbs Road - N. Tibbs Rd. - 14.62 Acres Multi-Family Land 14.62 Acres of Commercial Land Offered at $5,024,772 CAD in Dalton, GA 30720
Investment Highlights
- Located just off I-75 in the heart of Dalton – the second-largest city in NW Georgia and “Carpet Capital of the World”
- One Mile from Walmart Supercenter at Exit 336 on I-75 with Home Depot, Academy Sports, Petco, Kohls and more that boasts 2.6M annual visitors, ranki
- 1.7 miles to North Bound Exit 336 on I-75
- Adjacent to Harlan Godfrey Civitan Park which boasts greenspace for Walking, Biking, Picnic, walking Dogs and other athletic activities including a
- 1.9 miles to South Bound Exit 333 on I-75
- Located in the foothills of the Blue Ridge Mountains in northwest Georgia, often considered part of the greater Chattanooga, Tennessee-Georgia-Alabama
Executive Summary
City of Dalton and Ownership have created an opportunity for future ownerships to take advantage of a $4 Million Dollar tax abatement to new Ownership once 4.4 acres is given to City to expand adjacent to Harlan Godfrey Civitan Park.
This site is Centrally located in the Southern Automotive and Advanced Manufacturing Corridors on Interstate 75 and just 25 miles south of Chattanooga and 85 miles north of Atlanta, the area is within a day's drive of half the country's population. Dalton is home to the Carpet and Floor Covering Industry, which is a 21st century innovator in cutting-edge technology, applied science, global marketing and services, resulting in new high-tech products and patents. Dalton, Georgia's economy is undergoing a significant transition, diversifying beyond its traditional identity as the "Carpet Capital of the World." While the carpet and flooring industry remains a cornerstone, the city is actively attracting new sectors like advanced manufacturing and renewable energy. This diversification is supported by strategic investments in infrastructure and workforce development.
Property Facts
1 Lot Available
Lot 1 & 2
| Price | $5,024,772 CAD | Lot Size | 14.62 AC |
| Price Per AC | $343,691.64 CAD |
| Price | $5,024,772 CAD |
| Price Per AC | $343,691.64 CAD |
| Lot Size | 14.62 AC |
Fully Entitled, Shovel-Ready Multifamily Development Opportunity $4 Million Dollar tax abatement to new Ownership once Raw Land Ready for Development. Zoned R-7 Adjacent to I-75, Harlan Godfrey Civitan Park and Stone Brooke Apartments built in 1977
Description
Fully Entitled, Shovel-Ready Multifamily Development Opportunity $4 Million Dollar tax abatement to new Ownership once 4.4 acres is given to City to expand adjacent to Harlan Godfrey Civitan Park Zoned / Actionable Market-Rate Site Intown/Urban Location featuring surface parked, low-density development scope Market Study Completed by 3rd party: Demand exceeds Supply Developer friendly, no-red tape county/city ~14.65 ~ acre site, ~ 9.5+ ~ acres buildable 10-year, $400K per year property tax abatement commencing at final C.O. Maximum Allowable Density: 20 units/acre: 280-Units Completed Work: Survey/Topo Geo Report Civil Engineering Architectural diligence : site layout, parking, footprints, unit mix, elevations Maximum Confirmed/Buildable Units: 6-buildings@ 4-stories total 272 units Utilities: capacity and onsite access confirmed 1. Shovel-ready — topo, geotech, civil, architectural, and site plan complete; ready for land disturbance permit. 2. Entitled for 290-Units. 272-Units planned: six(4) four-story garden-style buildings, surface parked 3. I-75 frontage — direct interstate visibility in the Southeast's hottest growth corridor. 4. Adjacent to Dalton's premier city park — irreplaceable amenity advantage. 5. Documented demand — KB Housing Study: 90–100 units needed annually for 6 years; 30,000+ workers commute in daily. 6. $5B+ in corridor capital — Qcells, Volkswagen, GEDIA, CSX Inland Port; 8,500–10,000 jobs from Cartersville to Chattanooga. 7. Two MSAs converging — Atlanta and Chattanooga meet in Dalton; secondary pricing, primary fundamentals. 8. Pro-development municipality
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $167,879 CAD | Total Assessment | $167,879 CAD |
Property Taxes
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0 North Tibbs Road - N. Tibbs Rd. - 14.62 Acres Multi-Family Land
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