0 Jacoby Dr - Commercial LAND FOR SALE


Loganville, GA 30052 59,677 SF
$899,000 USD
404-876-1640
0 Jacoby Dr, Loganville, GA for Sale
$899,000 USD
Commercial LAND - FOR SALE
1/14
59,677 SF

0 Jacoby Dr
Loganville, GA 30052


HIGHLIGHTS

  • ±1.37 acre development site
  • Zoned CH (Commercial Highway) | Multiple approved zoning uses.
  • Utilities available: sewer, water, electricity, gas, cable, telephone
  • Proposed Building: Two Story, 39,900 SF
  • Proposed Unit Mix: 40 Studios + 10 1-bedroom Units

OVERVIEW

Development site on 1.37 acres +/- for a proposed 50-unit Senior Housing Facility, located in the Atlanta suburbs, in the heart of Loganville, Walton County, Georgia. This proposed development is for a planned 40 studios and 10 0ne-Bedrooms, two-story 39,900 SF building. Planned amenities include: 5 offices, professional kitchen, two dining rooms with country kitchens, commercial laundry, an activity room, internal courtyard, and two elevators. Zoning also allows for many other approved uses by right, including hotel, medical clinics, etc. By Special Use Application: residential or community shelters. The subject site is located at the northwest quadrant of Jacoby Drive and Bay Creek Road, offering convenient access to major transportation routes, including U.S. Highway 78, which provides efficient transportation to Atlanta and surrounding suburban communities. In addition, the subject is located within proximity to several hospitals, including Emory Healthcare Hospital, Eastside Medical Center and Piedmont Walton Hospital. The population within the subject PMA is forecasted to experience a growth rate of 2.05% over the next five years, which is above the national growth rate forecast. This presents a tremendous opportunity for a senior living community in the area, especially given that income levels for all seniors age groups within the subject PMA are above national averages. The elevation for the proposed development has a modern, functional design with amenities comparable to or superior to competing facilities in the market. Integra Realty Resources conducted a market study of the local market, and their analysis shows that the assisted living and memory care markets are under-supplied, with forecasted levels of under-supply continuing over the next several years. Overall, Proposed Jacoby Park AL and MC represents an excellent opportunity for investors looking to capitalize on the under-supplied senior living market in the area.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/ACRE

$656,207/AC

PRICE/SF

$15 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Senior Housing Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Apartment Units - Senior, Auto Dealership, Auto Repair, Bank, Car Wash, Community Center, Convenience Store, Day Care Center, Drug Store, Funeral Home, Health Club, Hotel, Medical, Parking Lot, Post Office, Religious Facility, Restaurant

LAND ACRES

1.37 AC

LAND SF

59,677 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable, Telephone

ZONING

CH

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

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Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.