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Lake Lanier Land LAKE LANIER LAND ±95 ACRES ON BROWNS BRIDGE ROAD PRESENTED BY Jenny Wesselmann Senior Associate Associate Director - National Retail Group Marcus & Millichap Real Estate Investment Services [email protected] Office: (678) 808-2700 Cell: 404-786-7437 OFFERING HIGHLIGHTS LAKE LANIER LAND ±95 ACRES ON BROWNS BRIDGE ROAD OFFERING PRICE $3,750,000 FORSYTH COUNTY VITAL DATA Rd ge id Price Per Acre $39,432. Br ns ow Br Price Per Lot* $50,000. * Conceptually planned for 75 lots Zoning; R1R, Residential district per Forsyth county Utilities: All utilities, except sewer, are available to the site. Schools: Chattahoochee Elementary. Little Middle, North Forsyth HS. Traffic Counts: 16,300 vehicles per day on Highway 365 Forsyth County GIS Viewer Date Printed:Apr 30, 2018 FORSYTH COUNTY THE PROPERTY IS LOCATED SOUTH OF BROWNS BRIDGE RD. AND EAST OF GA HWY 400. PROPERTY IS PLANNED FOR 75 LOTS. B r o w n s B r i d g e R d t Em d. Jo Down R Beth el Rd. INVESTMENT BROWN HIGHLIGHTS ’S BR IDGE ROAD ► The property is located on the south side of Browns Bridge Road (Highway 369) and on the east side of GA Hwy 400. It is approximately 5 miles from the GA Hwy 400 interchange with Browns Bridge Road. ► Property was conceptually planned for 75 lots. ► Minimum lot size: 30,000 sq ft. ► Minimum dwelling size: 1,750 sq ft on the exterior boundary lots & 1,500 sq ft on the interior lots. $110,842 $350,000 AVERAGE HOUSEHOLD AVERAGE HOME SALE INCOME .5 MILE RADIUS BROWN ’S BR IDGE ROAD ±95 ACRES-BROWNS BRIDGE RD. THREE SISTERS ISLAND FORSYTH COUNTY FIRE DEPARTMENT BIG GUY LITTLE MILL AUTO L IT MIDDLE SCHOOL T L E M IL L R O A D ■ AD RO DGE BRI NS OW BR 95 ACRES-BROWNS BRIDGE RD. ± Six Mile Park Charleston Park CONCEPTUAL PLAN & TOPOGRAPHY AD RO DGE BRI NS OW BR 95.096 ACRES SALES COMPARABLES Traffic is 17,400 per day with a growth in population projected at 3.5%. The property is located off of Browns Bridge Road (Highway 369) on the east side of GA Hwy. 400. approximately 5 miles from GA Hwy 400. Comparables in the Forsyth and Hall County areas average $2,111,000. with a average price per acre of $73,088. HALL COUNTY 5365-5375 Flat Creek Rd. SALES PRICE $4,000,000 BROWNS BRIDGE ROAD, HWY. 369 Land Area 44.08 AC Price Per Acre $90,744 Location Gainesville, GA Property Zip Code 30504 ±95 ACRES ON BROWNS BRIDGE ROAD FORSYTH COUNTY FORSYTH COUNTY Keith Bridge & Browns Bridge 4335 Settingdown Rd. SALES PRICE $975,000 SALES PRICE $1,360,000 Land Area 12.72 AC Land Area 26.22 AC Price Per Acre $76,651 Price Per Acre $51,869 Location Cumming, GA Location Cumming, GA Property Zip Code 30041 Property Zip Code 30041 NORTHSIDE HOSPITAL, FORSYTH COUNTY FORSYTH COUNTY Forsyth County is one of the fastest-growing areas in the United States, stimulated by its proxim- ity to Atlanta and appeal as a commuter base for people working there. The influx of high-earn- ing professionals has increased the average income dramatically. Located on the northeast edge of metro Atlanta, on the shores of Lake Lanier and the foothills of the north Georgia mountains, Forsyth County is home to some of the largest and most innovative companies across the state, nation and globe. Forsyth County is located 43 miles north of the city of Atlanta. Fortune 500 companies based in Forsyth County include UPS, Coca Cola and Delta Airlines. Forsyth County has experienced a 71% population boom between 2000 and 2008, helping to increase the area’s median income up to $86,938 Forsyth County Parks and Recreation Department maintains more than 15 parks in the county. KUBOTA Most notable are Sawnee Mountain Preserve, Central Park, Fowler Park, Poole’s Mill Covered Bridge and the Big Creek Greenway. The Cumming Fairgrounds host many events throughout the year including a rodeo, The Cumming Country Fair, and a farmers’ market. Northside Hospital-Forsyth has been expanding its local campus over the past several years. Since adding a Women’s Center in 2008, it has added several medical office buildings nearby. The latest of these – 1800 Medical Building – became the fourth medical building on the 150- acre hospital property. The $20-million, four-story facility is 100,000 square feet and has space SEIMENS HEADQUARTERS, FORSYTH COUNTY for obstetricians, gynecologists, pediatricians and a center for perinatal medicine. Plans also call for moving a women’s imaging facility there. Children’s Healthcare of Atlanta has also opened a $6.1-million urgent care facility just off exit 13 on Georgia 400, reflecting a trend among healthcare systems to provide services closer to where people live. Fast-growing areas like Forsyth with large numbers of affluent residents provide Northside, Children’s and other health systems with a large local patient base. Remington Medi- cal, a maker of disposable medical products such as cardiovascular pacing cables and adapters for temporary pacemakers has located in the immediate area as well. ECONOMY Located on the northeast edge of metro Atlanta, on the shores of Lake Lanier and the foothills of the north Georgia mountains, Forsyth County is home to some of the largest and most innovative companies across the state, nation and globe. Forsyth County is located 43 miles north of the city of Atlanta. The Georgia Department of Economic Development (GDEcD) recently announced that Sports Warehouse, a global retail supplier of sports and outdoor equip- ment, will create more than 300 jobs and invest more than $14 million into an East Coast e-commerce fulfillment and distribution center in Forsyth County. In FY16, there was a 114 percent increase in logistics and distribution center announcements due to the unparalleled transportation infrastructure and industry resources available in Forsyth. The newly created jobs will include positions in distribution, operations and customer service. Over 4,208 businesses have located to Forsyth County, which has been noted as an environment conducive to small business and entrepreneurs. North Georgia’s Forsyth County is the 30th Entrepreneur Friendly community in the state and the 17th community this year to be named Entrepreneur Friendly by the Georgia Department of Economic Development (GDEcD)’s Small Business Office. From 1999 to 2003, Forsyth County experienced a 59 percent increase in small business and entrepreneurial growth for companies this size. FORSYTH COUNTY COURTHOUSE AND JAIL COMPLETED IN 2015 EMPLOYER # OF EMPLOYEES INDUSTRY Northside Hospital Forsyth 2400 Healthcare Koch Foods 1400 Manufacturing Scientific Games International 1110 Manufacturing / Technology Tyson Foods, Inc. 1110 Manufacturing Publix 888 Retail Walmart SuperCenter 824 Retail Siemens Industry, Inc. 700 Manufacturing Kroger 508 Retail ARRIS Group, Inc. 400 Technology L-3 Communications Display 400 Manufacturing / Technology Systems America BOA, Inc. 350 Utility Sawnee EMC 305 Manufacturing / R&D Solvay Specialty Polymers, LLC 300 Manufacturing / R&D POPULATION AND HOUSING Forsyth County’s estimated population is 227,967 with a growth rate of 3.59% in the past year. Forsyth County is the 8th largest county in Geor- gia. As of 2017, Forsyth County had an estimated population of just fewer than 228,000 residents, up from about 220,000 in 2016 and around 175,000 in 2010. In the past year, Forsyth County has 30 announcements of companies locating in the area according the Cumming Forsyth County Chamber of Commerce. Residents are attracted by good schools and low taxes, along with employment in healthcare, technology and international firms. The Forsyth County Chamber of Commerce has announced the Business First initiative offering more than $3 million in the bank for economic devel- opment efforts. Education has taken on a higher priority in Forsyth, as well. Lanier Technical College has seen enrollment rise by 11 percent over last year. And as part of the University System of Georgia’s efforts to consolidate across the state, Gainesville State College merged with North Georgia College & State University last year to form the University of North Georgia. The northern region of the community recently became the home of the National Guard’s new armory and training facility, a new branch of the Georgia Department of Driver Services and a $13-million aquatic center. Along with retail, the county also procured a 72,000-square-foot flagship store for Academy Sports + Outdoors. Technology companies are also increasingly coming to Forsyth to find trained workers. Scientific Games recently expanded its operations and installed a new manufacturing technology that networks 20 printing presses together electronically to produce 9 billion instant lottery games annually. Scratch-off lottery games are big business, and the company has garnered a significant portion of this $78-billion industry. With one of the country’s largest fiber lines running along Georgia 400, Forsyth has naturally become home to data centers for major companies such as New York Life Insurance Co., Southeast Toyota Distributors, Publix and UPS. Bright Light Systems also established its U.S. headquarters in the southern region of the community adjacent to the regional headquarters for Siemens and Chemence. BRIGHT LIGHT HEADQUARTERS LANIER TECHNICAL CAMPUS DEMOGRAPHICS HIGHLIGHTS 2017 POPULATION MEDIAN HOME VALUE AV. HOUSEHOLD INCOME 30,333 $178,100 $110,427 Highways Four interstate highways (I-85, I-75, 400 and I-285) connect the Browns Bridge exit to I 400 and to a larger regional highway system. Interstate 285, runs from the north around the city of Atlanta connecting to downtown through I-85 and I-75. Both Interstates 85 and 75 enter the city from the north and south, running north along Lake Lanier.
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