Coldwell Banker Commercial Metro Brokers...3575 Piedmont Road, Suite 950 Atlanta, GA 30305...
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Kurt D. Cooper Associate Broker Coldwell Banker Commercial Metro Brokers 3575 Piedmont Road, Suite 950 Atlanta, GA 30305 678.320.4800 Office 404.861.1300 Mobile 404.495.8960 Fax Summerhill Project We are pleased to bring to market, on behalf of WestSide Bank, the partially developed Summerhill Project property. Located within the city limits of Dallas, GA, Paulding County, the property includes multiple road frontages, including 1,700’+/ - on Atlanta Highway/GA Hwy., Summer Hill Road, and the newly constructed connector, Executive Parkway. Total of approximately 30 ac. consisting of 3 tracts, all utilities available and stubbed. Mixed zoning, with approximately 23 acres zoned C-2 Commercial and approximately 7 ac. zoned R-3 High Density Residential. The 7 acre R-3 site has been site planned and approved for 13 quad units, totaling 52 dwelling units. All located adjacent to the newly completed Westminster Memory Care facility, with 48 memory care units in its 44,000 square foot, state of the art facility. The property is conveniently located less than 0.5 miles to Wellstar ’s new, West Paulding Hospital. Atlanta Highway/GA Hwy. 6, is a well traveled commercial corridor with traffic counts of 12,680 vehicles/day. The property is bank owned, to be purchased and sold, as is, where is, and conveyed via limited warranty deed. Listing Price - $3,099,000 30+/- Acres o 23+/- Acres Zoned C-2 Commercial o 7+/- Acres Zoned R-3 High Density Residential Site Planned for 13 Quad Units 52 Dwelling Units Multiple Road Frontages o 1,700’ +/- on Atlanta Hwy./GA Hwy. 6 o 1,539’ +/- on Summer Hill Road Significant Site Work Completed o Detention Pond Completed o Curb, Gutter and Base Coat Asphalt Installed o All Utilities Stubbed Close Proximity, < 0.5 Miles to Wellstar West Cobb Hospital 12,680 Vehicles/Day Traffic Count on GA Hwy. 6. Includes Tax Parcel ID #’s 012705 & 083689. 2016 Property Taxes were $26,134
Transcript of Coldwell Banker Commercial Metro Brokers...3575 Piedmont Road, Suite 950 Atlanta, GA 30305...
Kurt D. CooperAssociate Broker
Coldwell Banker Commercial Metro Brokers3575 Piedmont Road, Suite 950
Atlanta, GA 30305678.320.4800 Office404.861.1300 Mobile
404.495.8960 Fax
Summerhill Project
We are pleased to bring to market, on behalf of WestSide Bank, the partially developedSummerhill Project property. Located within the city limits of Dallas, GA, Paulding County, theproperty includes multiple road frontages, including 1,700’+/- on Atlanta Highway/GA Hwy.,Summer Hill Road, and the newly constructed connector, Executive Parkway. Total ofapproximately 30 ac. consisting of 3 tracts, all utilities available and stubbed. Mixed zoning,with approximately 23 acres zoned C-2 Commercial and approximately 7 ac. zoned R-3 HighDensity Residential. The 7 acre R-3 site has been site planned and approved for 13 quad units,totaling 52 dwelling units. All located adjacent to the newly completed Westminster MemoryCare facility, with 48 memory care units in its 44,000 square foot, state of the art facility. Theproperty is conveniently located less than 0.5 miles to Wellstar’s new, West Paulding Hospital.Atlanta Highway/GA Hwy. 6, is a well traveled commercial corridor with traffic counts of12,680 vehicles/day. The property is bank owned, to be purchased and sold, as is, where is, andconveyed via limited warranty deed.
Listing Price - $3,099,000 30+/- Acres
o 23+/- Acres Zoned C-2 Commercialo 7+/- Acres Zoned R-3 High Density Residential
Site Planned for 13 Quad Units 52 Dwelling Units
Multiple Road Frontageso 1,700’ +/- on Atlanta Hwy./GA Hwy. 6o 1,539’ +/- on Summer Hill Road
Significant Site Work Completedo Detention Pond Completedo Curb, Gutter and Base Coat Asphalt Installedo All Utilities Stubbed
Close Proximity, < 0.5 Miles to Wellstar West Cobb Hospital 12,680 Vehicles/Day Traffic Count on GA Hwy. 6. Includes Tax Parcel ID #’s 012705 & 083689. 2016 Property Taxes were $26,134
Please contact Kurt Cooper, Associate Broker, for additional information.
Additional information files are attached for your convenient reference.
Page 3 General Location Map.
Page 4 Close Proximity Map, with Driving Directions from Atlanta, GA.
Page 5 Tax Parcel Aerial Map – Annotated.
Page 6 Tax Parcel Aerial Map – Outlined.
Pages 7-9 Ground Level Photos
Page 10 Original Recorded Plat / Survey of 34.947 Acres – 4.25 Acres Since, Conveyed.
Page 11 Legal Description of Property – 30.696 +/- Acres – Property for Sale.
Pages 12-13 Conveyance of 4.061 Ac. of Land and Easements for Westminster Memory Care.
Page 14 Press Release Announcing Westminster Memory Care, 44 Rooms, 44,000 Sq. Ft.
Pages 15-17 Conveyance of 0.19 Ac. of ROW to Paulding County DOT for Summer Hill Rd.
Pages 18-19 Legal Description and Site Plan of 7.14 Ac. Zoned R-3, 13 Quads - 52 Units.
Pages 20-24 Demographic Report, 1, 3 & 5 Mile Ring.
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Located within the City Limits of Dallas, Paulding County, Georgia, 30 Miles NW of Atlanta, GA
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Property is located in the City of Dallas, Paulding County, Georgia.
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Directions from Atlanta, GA: Interstate 20 West, to exit 44, GA Hwy. 6/Thorton Road towards Austell, stay on GA Hwy. 6 for 14.0 miles, cross Summerhill Road, Property on Left at Executive Drive, which connects back to Summerhill Rd.
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Partially developed pad site at Executive Dr. and Westminster Ct.
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4.061 Acres, since conveyed and developed as Westminster Memory Care
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Property and Easements Conveyed for the Development of Westminster Senior Housing.
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Portion of Property conveyed to Paulding County of Trans- portation for adding acceleration and deceleration lanes to Summerhill Road.
Legal Description
ALL THAT TRACT or parcel of land lying and being in Land Lots 406 & 407 of the 2nd District, 3rd Section, Paulding County, Georgia; and being more particularly described as follows:
To find the True Point of Beginning, Commence at the southwest corner of land lot 407, then traveling along the south line of land lot 407 South 89°44'14" East a distance of 1651.85 feet to a point, then leaving the south line of land lot 407 North 00°16 '45" East a distance of 657.22 feet to a point on the northwesterly right of way of Summer Hill Road (40' R/W), said point being the True Point of Beginning;
Then traveling along the northwesterly right of way of Summer Hill Road the following coursed and distances:
THENCE along a curve to the east, having a radius of 250.00 feet, for a distance of 70.41 feet, being subtended by a chord of South 21°51'43" West for a distance of 70.18 feet, to a point;
THENCE South 15°42'12" West for a distance of 103.16 feet to a point; THENCE along a curve to the northwest, having a radius of 250.00 feet, for a
distance of 134.58 feet, being subtended by a chord of South 31°07'31" West for a distance of 132.96 feet, to a point;
THENCE South 46°32'50" West tangent to said curve for a distance of 63.67 feet to a point;
THENCE along a curve to the northwest, having a radius of 500.00 feet, for a distance of 107.19 feet, being subtended by a chord of South 52°41'19" West for a distance of 106.98 feet, to a point;
THENCE South 58°49'49" West tangent to said curve for a distance of 27.39 feet to a point; Then leaving the existing right of way of Summer Hill Road and along the new right of way of Summer Hill road
THENCE South 77°39'19" West for a distance of 58.61 feet to a point; THENCE South 64 °09 ' 55" West for a distance of 98.73 feet to a point, said point
being the beginning of a mitered intersection with an existing developed road; THENCE North 73°56'13" West for a distance of 47.85 feet to a point on the east
right of way of the existing developed road (60' R/W); Then traveling along the east right of way of the existing road the following courses and distances:
THENCE along a curve to the east, having a radius of 470.00 feet, for a distance of 131.50 feet, being subtended by a chord of North 19°16'09" West for a distance of 131.07 feet, to a point;
THENCE North 11°15'13" West tangent to said curve for a distance of 353.95 feet to a point;
THENCE along a curve to the east, having a radius of 170.00 feet, for a distance of 44.35 feet, being subtended by a chord of North 03°46'47" West for a distance of 44.23 feet, to a point;
THENCE North 03°41'40" East tangent to said curve for a distance of 162.91 feet to a point;
THENCE North 10°32'14" East for a distance of 4.51 feet to a point; then leaving the right of way of the developed road
THENCE South 86°17'10 " East for a distance of 506.51 feet to a point; THENCE South 85°29'45" East for a distance of 69.31 feet to a point; THENCE South 00°16'45" West for a distance of 200.36 feet to a point;
to the Point of Beginning. Together with, and subject to, all easements, covenants, and restrictions of record. Said property contains 7.141 acres, more or less.
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Site Plan for Property Zoned R-3 High Density Residential - 13 Quad Units, 52 Dwelling Units
3366 Atlanta HwyDallas, GA 30132
Population 1-mi. 3-mi. 5-mi.Total Population 4,351 26,588 73,452
Group Quarters Population 0 32 240
Urban Population 4,350 24,461 68,252
Rural Population 2 2,127 5,200
Adult Population 3,267 19,596 53,531
Ratio of Males to Females 0.83 0.89 0.93
Female Population 2,382 14,062 38,147
Male Population 1,969 12,526 35,305
Land Area (Square Miles) 5.02 29.34 79.06
Age 1-mi. 3-mi. 5-mi.Median Age, Total 35.74 35.33 35.64
Median Age, Male 33.27 33.36 34.06
Median Age, Female 37.87 37.01 36.99
% Age 18+ 75.07% 73.7% 72.88%
% Age 21+ 71.57% 69.97% 68.82%
% Age 55+ 23.75% 21.51% 20.48%
% Age 65+ 12.97% 11.19% 9.93%
Ethnicity 1-mi. 3-mi. 5-mi.% White 69.24% 68.74% 72.78%
% Black/African American 24.68% 24.49% 21.09%
% American Indian / Alaska Native 0.36% 0.36% 0.35%
% Asian 1.37% 1.3% 1.18%
% Native Hawaiian / Other Pacific Islander 0.1% 0.08% 0.06%
% Other 1.42% 2.23% 2%
% Two or More Races 2.81% 2.8% 2.55%
5 Year Projections 1-mi. 3-mi. 5-mi.Total Population 4,893 30,805 84,367
Group Quarters Population 0 28 206
Adult Population 3,721 23,092 62,769
Total Households 2,169 11,808 29,928
Per Capita Income (based on Total Population) 30,588 27,164 28,633
Total Population 16+ 3,848 23,974 65,479
5 Year Ethnicity Projections 1-mi. 3-mi. 5-mi.% White 67.47% 67.13% 71.25%
% Black/African American 25.69% 25.31% 21.92%
% American Indian / Alaska Native 0.37% 0.38% 0.36%
% Asian 1.53% 1.43% 1.29%
% Native Hawaiian / Other Pacific Islander 0.1% 0.07% 0.06%
% Other 1.6% 2.47% 2.2%
% Two or More 3.25% 3.2% 2.92%
Housing & Households 1-mi. 3-mi. 5-mi.Total Housing Units 1,992 10,690 27,123
Total Households 1,865 9,951 25,486
Owner-Occupied: Owned with a mortgage or loan 742 5,493 15,677
Owner-Occupied: Owned free and clear 193 1,205 3,132
Renter-Occupied 930 3,253 6,677
Aggregate Contract Rent $612,180 $2,245,176 $4,839,582
Average (Mean) Number of Vehicles Available 1.89 1.93 2.04
Housing Value 1-mi. 3-mi. 5-mi.Housing Value < $10,000 3 26 93
Housing Value $10,000-$14,999 0 20 86
Housing Value $15,000-$19,999 0 23 79
Housing Value $20,000-$24,999 3 59 154
Housing Value $25,000-$29,999 5 50 122
Housing Value $30,000-$34,999 3 87 192
Housing Value $35,000-$39,999 3 27 76
Housing Value $40,000-$49,999 2 20 82
Housing Value $50,000-$59,999 4 52 181
Housing Value $60,000-$69,999 12 117 272
Housing Value $70,000-$79,999 18 156 382
Housing Value $80,000-$89,999 31 273 698
Housing Value $90,000-$99,999 48 361 880
Housing Value $100,000-$124,999 149 964 2,326
Housing Value $125,000-$149,999 121 863 2,253
Housing Value $150,000-$174,999 158 1,146 2,885
Housing Value $175,000-$199,999 96 775 1,926
Housing Value $200,000-$249,999 117 789 2,161
Housing Value $250,000-$299,999 42 301 1,368
Housing Value $300,000-$399,999 51 234 1,215
Housing Value $400,000-$499,999 20 105 576
Housing Value $500,000-$749,999 9 76 367
Housing Value $750,000-$999,999 12 82 246
Housing Value $1,000,000 or more 27 92 187
Total Owner-occupied housing units (OOHU) 935 6,698 18,808
Income 1-mi. 3-mi. 5-mi.Per Capita Income (based on Total Population) $26,936 $23,495 $24,606
Average (Mean) Household Income $62,741 $64,227 $73,673
Median Household Income $53,101 $55,689 $62,649
Aggregate Income $117,008,751 $639,567,332 $1,880,657,278
% Households by Income 1-mi. 3-mi. 5-mi.% Household Income < $10,000 6.46% 7.17% 5.87%
% Household Income $10,000-$14,999 3.6% 3.61% 2.76%
% Household Income $15,000-$19,999 4.33% 4.3% 3.87%
% Household Income $20,000-$24,999 5.58% 4.38% 4.03%
% Household Income $25,000-$29,999 6.34% 5.19% 4.63%
% Household Income $30,000-$34,999 3.71% 5.2% 4.53%
% Household Income $35,000-$39,999 5.99% 5.89% 4.99%
% Household Income $40,000-$44,999 6.45% 4.9% 4.17%
% Household Income $45,000-$49,999 4.92% 4.25% 4.31%
% Household Income $50,000-$59,999 7.89% 8.97% 8.43%
% Household Income $60,000-$74,999 11.88% 12.44% 13.63%
% Household Income $75,000-$99,999 17.67% 17.84% 17.38%
% Household Income $100,000-$124,999 7.24% 8.15% 9.76%
% Household Income $125,000-$149,999 4.15% 3.79% 5.1%
% Household Income $150,000-$199,999 3.04% 2.7% 4.07%
% Household Income $200,000-$249,999 0.35% 0.57% 1.19%
% Household Income $250,000-$499,999 0.28% 0.52% 0.9%
% Household Income $500,000+ 0.11% 0.13% 0.37%
Education 1-mi. 3-mi. 5-mi.College undergraduate 117 999 3,548
Graduate or prof school 125 554 1,106
Employment and Occupation 1-mi. 3-mi. 5-mi.Total Civilian employed population aged 16+ 2,282 13,857 38,278
% Employment by Industry 1-mi. 3-mi. 5-mi.% Armed Forces 0.21% 0.19% 0.2%
% Civilian, Employed 93.33% 93.12% 93.74%
% Civilian, Unemployed 6.46% 6.69% 6.05%
% Not in Labor Force 27.76% 27.06% 27.04%
% Agriculture, forestery, fishing/hunting, mining 0.02% 0.01% 0.12%
% Construction 6.89% 7.92% 7.66%
% Manufacturing 5.72% 6.59% 7.82%
% Wholesale trade 5.15% 3.65% 4.17%
% Retail trade 15.74% 15.35% 13.85%
% Transportation and warehousing and utilities 7.28% 6.91% 6.69%
% Information 2.16% 3.45% 3.71%
% Finance and ins, real estate, rental and leasing 8.3% 7.57% 7.24%
% Professional, sci, mgmt, admin and waste mgmt svcs 12.07% 12% 11.53%
% Educational svcs, health care and social asst 23.09% 19.96% 21.32%
% Arts, entertainmnt, recreation, accom. and food svcs 4.6% 7.54% 7.02%
% Other svcs, except public admin 3.66% 3.75% 4.11%
% Public admin 5.33% 5.31% 4.74%
Transportation to Work 1-mi. 3-mi. 5-mi.Total Workers 16+ 2,282 13,857 38,278
Car, truck, or van 2,159 12,967 35,623
Public transport (not taxi) 7 85 249
Taxicab 0 0 0
Motorcycle 1 62 152
Bicycle 0 0 28
Walked 30 216 425
Other means 23 84 206
Worked at home 62 442 1,595
Consumer Expenditures 1-mi. 3-mi. 5-mi.Average Apparel $1,804.06 $1,883.57 $1,976.29
Average Education $1,284.64 $1,357.86 $1,553.19
Average Entertainment $2,302.09 $2,332.25 $2,434.52
Average Food and Beverages $6,027.8 $6,167.32 $6,423.2
Average Gifts $975.51 $997.63 $1,065.16
Average Health Care $4,295.48 $4,305.78 $4,493.04
Average Household Furnishings and Equipment $1,154.19 $1,149.16 $1,211.45
Average Household Operations $1,105.06 $1,081.14 $1,099.87
Average Personal Care $613.46 $623.48 $651.06
Average Personal Expenditure $450.62 $425.86 $426.43
Average Reading $85.75 $83.41 $84.48
Average Shelter $8,335.53 $8,411.79 $8,698.98
Average Transportation $8,763.69 $8,743.17 $8,969.09
Average Utilities $3,905.77 $3,941.29 $4,020.45
Demand by Store Type 1-mi. 3-mi. 5-mi.Motor Vehicle & Parts Dealers $5,828,603 $32,142,482 $87,160,192
Furniture & Home Furnishings Stores $525,014 $2,814,365 $7,586,129
Electronics & Appliance Stores $468,759 $2,541,067 $6,885,309
Building Material & Garden Equipment & Supply Dealers $1,349,513 $7,352,998 $19,717,993
Food & Beverage Stores $5,255,986 $28,338,491 $74,870,506
Health & Personal Care Stores $1,045,070 $5,534,859 $14,476,236
Gasoline stations $3,028,973 $16,400,897 $43,365,226
Clothing & Clothing Accessories Stores $1,747,260 $9,358,538 $25,192,498
Sporting Goods, Hobby, Book, & Music Stores $573,478 $3,153,026 $8,671,954
General Merchandise Stores $4,672,839 $25,193,504 $67,005,533
Miscellaneous Store Retailers $518,620 $2,818,831 $7,493,597
Nonstore retailers $1,869,544 $10,034,392 $26,837,743
Foodservice & Drinking Places $4,314,007 $23,654,433 $64,742,569
General Merchandise, Apparel and Accessories, Furniture and Other Sales$8,139,496 $43,888,014 $117,578,890
2016/2017 Demographics provided by Experian through Alteryx
