7330 Main St Woodstock, GA 30188
- Medical space
- 4.73 lot acres
Current Use by Public Records
- Medical space
Property Details for 7330 Main St
- Lot size
- 4.73 lot acres
- Property type
- Medical space
Description
This exceptional 4.73-acre development site in Woodstock, Georgia, presents a rare opportunity for a generational investment. Located at 7330 & 7338 Main St, 30188, this property boasts a highly visible location at a newly installed three-way traffic light, directly across from the relocated Morgan's Ace Hardware and the Woodstock Knoll subdivision. The site is currently zoned Heavy Industrial, with a grandfathered residential use, and offers significant potential for redevelopment. The City of Woodstock is actively encouraging development and offers various incentives, including sewer tap fee assistance. The property includes two existing homes currently generating approximately $2,200 in monthly rental income from long-term tenants under 12-month leases with 90-day termination clauses. This prime location near the Ridgewalk Parkway development (including Costco and an outlet mall) is ideal for a variety of uses, including mixed-use developments (retail, office, residential), retail developments (with various layout options), single-family homes, townhomes, or self-storage facilities. The city is open to various zoning changes, including General Business, high-density residential, Downtown Overlay, and multi-story mixed-use, but apartments are not permitted. The asking price is $3,269,000. A reasonable timeframe will be allowed for obtaining necessary land development permits while under contract.
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
- Woodstock
- County
- Cherokee
- State
- Georgia
- Longitude
- -84.5095173
- Latitude
- 34.1175829
