Mixed – Use Development Land in Woodstock, Georgia +/- 3.96 Acres
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BANK OWNED LAND FOR SALE Mixed – Use Development Land In Woodstock, Georgia +/- 3.96 acres Mixed-Use Development Land Woodstock, Georgia Table of Contents Executive Summary 3 Property Information 4 Property Survey 5 Conceptual Site Plan 6 GeoSurvey 7 Location Maps 8 Demographics 9 For more information, please contact: About the Area 10 Rob Whitmire, MBA Broker Profiles 12 Partner, Senior V.P. Special Asset Services (404) 876-1640 x 118 [email protected] John DeYonker | V.P. Land & Developer Services (404) 876-1640 x 142 [email protected] www.BullRealty.com Bull Realty, Inc 50 Glenlake Parkway Suite 600 Atlanta, GA 30328 P. 2 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia Executive Summary Downtown Woodstock This bank owned, well located 3.96 acre tract of raw land is an excellent opportunity to develop a mixed-use project very near the rejuvenated, popular shopping and retail destination that downtown Woodstock has become. Located on Towne Lake Parkway, with traffic counts of almost 20,000 cars per day, this project would be the “Gateway” to Woodstock. Offered for sale at $350,000 P. 3 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia Property Information Towne Lake Parkway Address Woodstock, GA 30188 County Cherokee +/- 3.96 acres total: The +/- 3.7 acre lot is located on the north side of Towne Lake Total Lot Size Parkway, and a +/- 0.268 acre lot is located on the south side The northern tract has +/- 650 ft frontage on Towne Lake Parkway, and the Frontage southern tract has +/- 225 ft frontage on Towne Lake Parkway Northern Tract: DT-RO (residential/office) Current Zoning Southern Tract: DT-CBD (central business district) Utilities All available Price $350,000 ($88,384/acre) P. 4 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia Property Survey P. 5 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia Conceptual Site Plan P. 6 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia GeoSurvey P. 7 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia Location Maps P. 8 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia Demographics 2013 Demographics (STDB) 1 mile Population 7,576 Total Households 2,994 Average Household Income $59,978 3 mile Population 49,771 Total Households 18,296 Average Household Income $79,872 5 mile Population 144,891 Total Households 51,898 Average Household Income $82,391 P. 9 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia About the Area Founding Woodstock is over one hundred years old and one of the county's oldest towns. The railroad came to Woodstock in November 1879. The city had a population of 300 and comprised a total of 960 acres. The first gristmills in the county were located nearby. Wood carving, yarn spinning, and other related activities were also done. The abundance of wa- ter power around Woodstock, such as Little River, Noonday Creek, and other streams, facilitated these industries. Woodstock had a considerable activity in mineral development. The old Kellogg Gold Mine and several others are within a few miles of Woodstock. Mica and kaolin were also found in nearby areas. Development By the 1890s Woodstock was said to be shipping 2,000 bales of cotton annually. A number of Woodstock developers were influential in introducing innovative farming methods to the county. There are many different stories of how Woodstock got its name. One possibility is that it derived from a novel of the same name by Sir Walter Scott. There is also one tale that a man named Mr. Woodstock settled in the area and started a school, thus giving the community its name. Growth Today, the City of Woodstock is the fastest growing city in Cherokee County. With the growth rate of Woodstock at 70% over the past 10 years, the city has doubled in size. With Interstate 575 and State Highway 92 running diagonally and directly through the heart of Woodstock, there are unlimited possibilities for those who live and work in Wood- stock and Cherokee County. P. 10 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Mixed-Use Development Land Woodstock, Georgia About the Area After much anticipation and a VIP opening event on Wednesday July 17th to benefit Elm Street Cultural Arts Village, The Outlet Shoppes at Atlanta is officially open to the public. A crowd numbering in the 100’s descended on the Ridgewalk Parkway site to watch city and county leaders, business owners, politicians and others to cut the ribbon that signaled the official opening of the long awaited outlet mall. With 370,000-square-feet of retail space, the mall will include national brands and designer outlets such as Adidas, American Eagle, Auntie Anne’s, GH Bass & Co., Calphalon, Chao Praya, Chicken Now, Chico’s, Clarks, Coach, Crabtree & Evelyn, Crocs, Fossil, Fragrance Outlet, Ghirardelli Chocolate, Hartstrings, Johnston & Murphy, Jones New York, Juicy Couture, Kasper, Kate Spade, Lane Bryant, Lenscrafters, Lids, Lids Locker Room, Little Tokyo, Loft Outlet, Luggage Factory, Naturalizer, Papaya, Skechers, Sunglass Warehouse, The Children’s Place, Tommy Hilfiger, True Religion, Ultra Diamonds, Van Heusen and Yankee Candle. The center features covered walkways, landscaped court yards and includes other features such as a children’s play area. The center court area features fountains and an outdoor fireplace. The site is designed to accommodate an additional 30,000 square feet of retail space and there are seven outparcels for restaurants and other retail related businesses. Projections show that the project will generate in excess of $130 million in sales annually, as well as, provide three million dollars in sales and property taxes for Woodstock and Cherokee County. The convenience of an Outpatient Imaging Center is now available in Woodstock. The Northside Cherokee Towne Lake Center provides services ranging from specimen collection to mammography and bone densitometry. • Diagnostic Mammography • Flouroscopy • CT Scanning • Bone Densitometry • Ultrasound • Mammography (digital available) P. 11 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Broker Profile Mixed-Use Development Land Woodstock, Georgia ROB WHITMIRE Since joining Bull Realty in 2003, Rob Whitmire continues to be a top producer special- izing in the sale of foreclosure, OREO, and special asset investment properties. Closing over $100,000,000 in lender-owned transactions since 2010, Rob was recognized in both 2010, and 2011 by the Atlanta Commercial Board of Realtors as a Top Ten Pro- ducer. Honored as Bull Realty's “Broker