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Property profile & analytics
OFF-MARKET
Commercial real estate

6637 Victory Dr Acworth, GA 30102

2.7 ac lot
Property ID
US22-0834242
Property summary
AI-generated overview

This exceptional 2.7-acre residential development opportunity in Acworth, Georgia, is ideally situated in the Neighborhood Edge District, just one block from the Bells Ferry Overlaying District. The corner lot boasts generous road frontage on Victory Drive and David Lee Street, offering excellent visibility and accessibility. While possessing charming character with varied topography (no steep slopes, hills, or creeks), the property presents a manageable development site. Currently zoned RD3 (allowing 3 units per acre) and previously zoned R40 (potentially 10 units with rezoning, confirmed by Cherokee County), this parcel presents flexibility for developers. Cherokee County is actively collaborating with developers to streamline the zoning process. An existing easement provides access to a walking trail leading to Patriot's Park. An owner-occupied house is currently on the property. The location offers a desirable lifestyle, with Lake Altoona within 1.5 miles, shopping within a 5-10 minute drive, and proximity to Woodstock. The area is known for its blend of community and natural beauty. The property's APN is 956858. The asking price is $995,000, translating to approximately $368,518 per acre. This represents a unique chance to create a smaller-scale residential project in a highly sought-after Acworth neighborhood. The zip code is 30102.

Property profile
Verified
Property type Commercial real estate
Lot 2.7 ac (117,612 SF)
APN 956858
UPID US22-0834242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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