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    1550 Hickory Grove Rd Acworth, GA 30144

    For Sale
    $1,600,000

    3.3-acre RSL zoned land, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.3-acre commercial and residential land parcel presents a unique investment opportunity in Acworth, Georgia. Located at 1550 Hickory Grove Rd NW, Kennesaw, GA 30144, this property boasts high visibility at the signalized intersection of Wade Green Rd and Hickory Grove Rd, ensuring significant exposure. Currently zoned RSL, it's ideally suited for assisted living and memory care facilities, with pre-approved plans (Case # Z-45) for an 83-bed facility already in place. Infrastructure and detention systems are complete, eliminating significant upfront development costs. The property's strategic location is further enhanced by Cobb County's Future Land Use Map, which designates the site as a Community Activity Center (CAC), opening doors to various compatible zoning options including SC, LRO, O&I, OS, CRC, GC, LRC, NRC, PSC, TS, PVC, UVC, NS, and RSL. This flexibility allows for diverse development possibilities, catering to a wide range of potential buyers. The asking price of $1,600,000 reflects market value, promising a swift transaction. APN: 20005500330 and 20005500480. This is a rare opportunity to acquire a well-positioned, ready-to-develop site in a thriving area.

    Property Features for 1550 Hickory Grove Rd

    General Information

    Property type
    Land
    Lot Size
    143,748 SF

    HighLights

    • 3.3+ acre parcel in Kennesaw, GA zoned RSL for Assisted Living and Memory Care.
    • High‑visibility location at the signalized intersection of Wade Green Rd and Hickory Grove Rd.
    • Previously rezoned in 2020 (Case # Z‑45) with approved plans for an 83‑bed facility; infrastructure and detention complete.
    • Cobb County Future Land Use Map designates the site as a Community Activity Center (CAC), allowing for various compatible zoning options.
    • $1,600,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cobb
    State
    Georgia
    Longitude
    -84.594507334649
    Latitude
    34.06047535099

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    FAQs

    What type of property is this?
    Land - 3.3-acre RSL zoned land, high visibility
    Where is this land located?
    The property is located at 1550 Hickory Grove Rd Acworth, GA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 3.3+ acre parcel in Kennesaw, GA zoned RSL for Assisted Living and Memory Care.; High-visibility location at the signalized intersection of Wade Green Rd and Hickory Grove Rd.; Previously rezoned in 2020 (Case # Z-45) with approved plans for an 83-bed facility; infrastructure and detention complete.
    Request Owner's contact information
    1550 Hickory Grove Rd Acworth, GA 30144
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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
    1550 Hickory Grove Rd Acworth, GA 30144
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