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Investment Highlights

  • 517 +- Feet of Road Frontage on Castleberry Road
  • Sewer estimated to be 300 feet behind property
  • 11.47 +- ACRES - POTENTIAL COMMERCIAL

Executive Summary

2 parcels of land (11.47 +- AC) are assembled and are for sale together for $335,000 per acre. Will not be sold individually. The zoning is AG and is being marketed as potential commercial. There is approx. 517 +- feet of road frontage on Castleberry Road. Sewer located behind property approximately 300 feet as a distance estimate. Approximately 1/2 mile from this property is the intersection of Bethelview and Castleberry Roads. Located at this intersection is a new development with Chick-Fil-A, Seven Brew, Maepole, Shake Sack, Fifth Third Bank, Grocery Store, & 40,000 +- SF of medical space(to be built, plus Castleberry Southard Crossing w/ Publix as the Anchor - this center alone sees approx. 1.4 million annual visitors(Loop Net research). The intersection also boasts Culvers, Dunkin Donuts, CVS, & a Super Kroger with 1.8 million visitors annually. With in a 5 mile +- radius you will find 145,000 +- population, and the average household income is $191,000. Directly across from the Castleberry Assembled land for sale is Castleberry Township HOA + a commercial office park that is very popular. This park stays full and has very little to no vacancy. You must call Associate Broker, Doug Sills at 678-923-5538 to set up an appointment to view the property. Do not disturb the owners who live on the property.

Property Facts

Price $5,315,991 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use Commercial
Total Lot Size 11.47 AC
Zoning AG

1 Lot Available

Lot

Price $5,315,991 CAD
Price Per AC $463,469.14 CAD
Lot Size 11.47 AC

11.47 +- AC assembled and are for sale together. Will not be sold individually. 5692 Castleberry Road is approximately 5.47 +- Acres. The parcel # is 083-026. 5702 Castleberry Road is approximately 6 +- Acres. The parcel # is 083-069.7

Description

2 parcels of land (11.47 +- AC) are assembled and are for sale together for $335,000 per acre. Will not be sold individually. 5692 Castleberry Road is approximately 5.47 +- Acres. The parcel # is 083-026. 5702 Castleberry Road is approximately 6 +- Acres. The parcel # is 083-069. The zoning is AG and is being marketed as potential commercial. There is approx. 517 +- feet of road frontage on Castleberry Road. Sewer located behind property approximately 300 feet as a distance estimate. Approximately 1/2 mile from this property is the intersection of Bethelview and Castleberry Roads. There is a new development that includes a Chick-Fil-A, Seven Brew, Maepole, Shake Sack, Fifth Third Bank, Grocery Store, & 40,000 +- SF of medical space to be built at this intersection, plus Castleberry Southard Crossing w/ Publix as the Anchor - this center alone sees approx. 1.4 million annual visitors.(Loop Net data) The intersection also boasts Culvers, Dunkin Donuts, CVS, & a Super Kroger with 1.8 million visitors annually(Loop Net data)Directly across from this 11.47 +- Acres is Castleberry Township HOA + a commercial office park that is very popular. This park stays full and has very little vacancy. The Parcel adjacent to this listing whose property line touches a small retail center - 5456 Bethelview Rd and is directly behind the CVS is also listed for sale with another brokerage. You must call Associate Broker, Doug Sills at 678-923-5538 to set up an appointment to view the property. Do not disturb the owners who live on the property.

Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 31481886

  • Date on Market: 2024-04-11

  • Last Updated:

  • Address: 5692 Castleberry Rd, Cumming, GA 30040

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