Lender Ordered Sale Commercial Site +/- 56 Acres in Dawson County P of 9
Table of Contents For more information, please contact: Darrell Chapman V.P. The Industrial Group (404) 876-1640 x 111 DChapman@BullRealty.com Executive Summary Survey Retail Aerial View Location Maps Demographics & Traffic Count About The Area Broker Profile 3 4 5 6 7 8 9 Bull Realty, Inc. 50 Glenlake Parkway Suite 600 Atlanta, GA 30328 www.bullrealty.com P 2 of 9
Executive Summary Commercial Site in Dawson County Located only 1.5 miles north of the North Georgia Premium Outlets, this high-exposure commercial site is located at the corner of Kilough Church Road and GA Hwy 400. It has over 1,500 feet of frontage on GA Hwy 400 and direct access to Kilough Church Road. It was approved for a curb cut on GA Hwy 400 by the Georgia Department of Transportation. Currently zoned CHB, the site is also approved for institutional use. The most recent appraisal, done in 2010 by CBRE, was for $4,550,000. This is a prime opportunity to own a commercial site with great potential for dramatic appreciation in value as the economy strengthens. The adjacent 11-acre lot sold in 2007 for $226,500 per acre. All utilities are available on site, including sewer. Nearby Medical Plaza 400, a 40,000 square foot premium medical facility operated by the Northeast Georgia Medical System, is recognized as one of the premier health care operators in Georgia. Some of the nearby retailers include Super 8 Motel, Advance Auto Parts, Kroger s, Ingles, Home Depot, Super Wal-Mart, and several fast food restaurants. A 40-acre tract immediately to the west has been purchased for a 240-unit apartment community planned for construction in 2015. GA Hwy 53, the primary east-west connector in North Georgia, is just 1/2 mile south of this highly visible and accessible site. During the fall, traffic flow on Hwy 400 increases drastically as Atlanta residents pursue seasonal activities, such as enjoying the colorful scenery of the nearby Appalachian Mountains. Property Address County Lot Size Zoning Kilough Church Road & GA 400 Dawsonville, GA 30534 Dawson +/- 56 acres CHB Sale Price $1,422,000 P 3 of 9
Survey P 4 of 9
Retail Aerial View Subject Property P 5 of 9
Location Maps P 6 of 9
Demographics & Traffic Count 2015 Demographics (Esri) 1 mile Population 1,045 Households 358 Average Household Income $88,127 3 mile Population 7,897 Households 2,965 Average Household Income $78,544 5 mile Population 21,480 Households 7,806 Average Household Income $75,984 P 7 of 9
About The Area Dawsonville, Georgia Dawsonville, GA is the official government seat of Dawson County and it is located about 10 miles northwest of Lake Lanier, a beautiful manmade reservoir that is used as a source of drinking water by the City of Atlanta. Dawsonville is also 10 miles south of Amicalola State Park and it contains Amicalola Falls, the tallest cascading waterfall in America east of the Mississippi River. Millions of people travel to Lake Lanier and Amicalola State Park each year to enjoy sightseeing, swimming, boating, camping and fishing, and tourism accounts for a significant portion of Dawson County s economy. According to the U.S. Census Bureau, Dawsonville had a population of 2,255 in the year 2012 and a total land area of 1.9 square miles. P 8 of 9
Broker Profile DARRELL CHAPMAN While Darrell is experienced in all types of commercial properties throughout the Southeast, his primary focus has been investment properties and mixed use developments in the North Atlanta market. As a long time resident of the suburbs of North Atlanta, he has extensive knowledge of the area and the business trends in these markets. Marketing more than $300 million in commercial property since 2007, Darrell has become a recognized go-to broker in North Georgia. Darrell helped establish Bull Realty's first satellite office on GA 400 north of Atlanta. He is a member of the Atlanta Commercial Board of Realtors, Atlanta Commercial Board of Realtors Million Dollar Club, the National Association of REALTORS, the Dawson County Chamber of Commerce and the Hall County Chamber of Commerce. Darrell lives in Dawsonville with his wife of 18 years, his young daughter and a menagerie of pets. Favorite hobbies include boating, water skiing and off-road motorcycling. Darrell Chapman V.P. The Industrial Group (404) 876-1640 x 111 DChapman@BullRealty.com Some notable closings include a 9 acre site in Gwinnett County for the Georgia Regional Transportation Authority for $3.2 million, a retail park with 20 tenants next to the North Georgia Premium Outlet Mall which sold for $4.5 million, a medical office park for $2.4 million, a $1.4 million dollar land sale to RaceTrac Petroleum, and several retail sales including C Stores, Car Washes, and Shopping Centers. Darrell also manages and leases select Class A shopping centers for banks and investors. Prior to commercial real estate sales, Darrell enjoyed a successful career in the boating industry, and worked as a manager, consultant, and trainer for many of the leading dealerships in the Southeast. Darrell eventually operated his own successful dealership in Forsyth County and honed his reputation for honesty and integrity selling boats to customers all over the world. Darrell attended the University of Tennessee studying electrical engineering. Bull Realty is a U.S. commercial real estate sales, leasing and advisory firm headquartered in Atlanta. The firm was founded in 1998 with two primary missions: grow a company of brokers known for integrity, and provide the best disposition marketing in the nation. Commercial real estate services include acquisition, disposition, project leasing, tenant representation and advisory services. Areas of expertise include office, retail, industrial, multifamily, land, healthcare, single tenant net lease, special asset, self-storage and automotive properties. Disposition services for appropriate properties can include exposure on up to 415 websites, 17 marketing systems and 4 to 6 e- marketing systems. Additional disposition and lease marketing services may include video, social media, auctions and national radio exposure. The firm hosts the Commercial Real Estate Show, a nationally syndicated talk show about commercial real estate. The weekly show has been on the air for over 4 years. The show is nationally syndicated on 40+ radio stations and is available on itunes and the show website CREshow.com. Bull Realty is licensed in nine southeast states and works with affiliates from all over the country. P 9 of 9