$1,140,000
$1,199,500
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Capitola Farm Road Flowery Branch, GA 30542
7.6 Acres Lot
Key Details
Sold Price $1,140,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20176871
Sold Date 09/25/24
HOA Y/N No
Originating Board Georgia MLS 2
Annual Tax Amount $8,357
Tax Year 2023
Lot Size 7.600 Acres
Acres 7.6
Lot Dimensions 7.6
Property Description
PROPERTY OVERVIEW Norton Commercial Group is proud to offer this premier retail and commercial opportunity at the entrance of Flowery Branch's award-winning master-planned community, Sterling on the Lake. Site of 7.6 Acres is cleared and graded. With Sterling on the Lake nearing completion, this site has unlimited potential to fill commercial needs of this affluent community. Potential uses include: Climate Controlled Storage, Professional Office, Medical Office, Retail Strip Center, Financial Institution, Gas Plaza, Church Facility and many other small retail/commercial options. Traffic counts of 13,400 VPD (GDOT site 03/20/2024). Zoned PUD. Site offers excellent visibility with 700 feet of road frontage on Spout Springs Road, and 680 feet on Capitola Farm Road. LOCATION OVERVIEW Located in the hottest market in Hall County, this commercial outparcel is perfectly positioned to serve the residential growth along Spout Springs Road. Specifically, the adjacent Sterling on the Lake has 1871 occupied homes with a total of 2,003 units planned. In the last 12 months, Sterling on the Lake has seen an average home sale price of $521,836 (FMLS). The Spout Springs Branch of the Hall County Library Systems is also located at the entrance of Sterling on the Lake. The medical industry is expanding quickly with Northeast Georgia Medical Center less than 5 miles from the site and three developments with over 100,000 SF of fully leased medical office space. Explosive population growth along Spout Springs Road requiring a recently completed road widening project to prepare for additional growth!
Location
State GA
County Hall
Zoning PUD
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features Other
Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities, Water Available
View Y/N No
Garage No
Private Pool No
Building
Lot Description Corner Lot
Faces From Metro Atlanta, take I-85 N and I-985 N to Spout Springs Rd in Hall County From I-985 N, follow signs for Gainesville Take exit 12 toward Spout Springs Rd Use the right 2 lanes to turn slightly right to merge onto Spout Springs Rd Turn right onto Capitola Farm Rd Destination will be on the left
Sewer Public Sewer
Water Public
Structure Type Other
New Construction Yes
Others
Tax ID 15047 000885 (PORTION OF)
Special Listing Condition New Construction
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