Jacoby Dr Loganville, GA 30052
- Land
- 1.37 lot acres
Current Use by Public Records
- Land
Property Details for 0 Jacoby Dr
- Lot size
- 1.37 lot acres
- Property type
- Land
Description
This exceptional 1.37-acre commercial land parcel in Loganville, Georgia, presents a prime opportunity for developing a 50-unit, 50-bed assisted living facility. Located in Walton County, at the northwest corner of Jacoby Drive and Bay Creek Road, this CH (Commercial Highway) zoned property boasts convenient access to US Highway 78, providing easy commutes to Atlanta and surrounding areas. The site benefits from readily available utilities including sewer, water, electricity, gas, cable, and telephone. A market study indicates significant undersupply in the assisted living and memory care sectors, projecting continued demand for the foreseeable future. The location's proximity to Emory Healthcare Hospital, Eastside Medical Center, and Piedmont Walton Hospital further enhances its appeal. The surrounding population demonstrates above-average income levels for all senior age groups and a projected growth rate exceeding the national average at 2.05% over the next five years. This development site offers a compelling investment opportunity to capitalize on the growing demand for senior living accommodations in a thriving market. The proposed two-story building design incorporates modern, functional aesthetics and amenities exceeding those of competing facilities. APN: LG100027. Asking price: $899,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Loganville
- County
- Walton
- State
- Georgia
- Longitude
- -83.8929
- Latitude
- 33.8413
