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    119 Colony Center Dr Woodstock, GA 30188

    Sponsored
    For Sale
    $225,000

    0.8-acre vacant lot, ideal for new construction.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.8-acre commercial lot is situated in a thriving established office park between Woodstock and Roswell, Georgia, offering a prime location for a variety of businesses. The property, located at 119 Colony Center Drive, Woodstock, GA 30188, is zoned Neighborhood Commercial (NC) in Cherokee County and boasts all utilities readily available on-site. Its convenient location off Highway 92 provides excellent accessibility. The level lot presents a unique opportunity for new construction, making it perfect for an owner-user seeking a strategic location to build a new office, showroom, or service-based business. The surrounding area is experiencing growth, with new homes being built nearby, further enhancing the property's long-term value. Priced at $225,000, this vacant land presents a compelling investment opportunity in a desirable and established office park setting. The property's location within an existing office park provides immediate access to existing infrastructure and a built-in customer base. This is a rare chance to acquire a well-positioned, ready-to-develop lot in a high-growth area.

    Property Features for 119 Colony Center Dr

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    34,848 SF

    HighLights

    • 0.8‑acre commercial lot
    • $225,000 asking price
    • Neighborhood Commercial (NC) zoning, Cherokee County
    • Convenient Highway 92 access
    • Ideal Woodstock, GA location
    • Surrounding new residential development
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.4334607
    Latitude
    34.0789331

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    FAQs

    What type of property is this?
    Office Property / Space - 0.8-acre vacant lot, ideal for new construction.
    Where is this office property / space located?
    The property is located at 119 Colony Center Dr Woodstock, GA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 0.8-acre commercial lot; $225,000 asking price; Neighborhood Commercial (NC) zoning, Cherokee County
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Colony Center Dr Woodstock, GA 30188
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