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273 Johnson Lake Rd
34.45 Acres of Commercial Land Offered at $5,500,000 in Adairsville, GA 30103
INVESTMENT HIGHLIGHTS
- 4000' of Interstate-75 Frontage
- Industrial Zoning
- Existing Income from Four Leases
- 34.45+/- Acre Site
- Suitable for Subdividing into Six Tracts
- All Utilities Available to Site
EXECUTIVE SUMMARY
Tract 2: Leased. 1.85 acres improved with 9,520 SF industrial building. Building features five drive-in doors, 2,760 SF office space, with outdoor fenced storage. Leased to equipment rental company.\
Tract 2a: Leased. Interstate billboard.
Tract 3: Leased. 7.6 acres fenced, lighted and graveled parking area, 1,294 SF industrial building. Leased to a national flooring company for trailer storage.
Tract 4: Leased. 5.16 acres, fenced, lighted and graveled parking area. Leased to a regional commercial tractor-trailer parking company.
Lease 5: Vacant. 1.64 acres, fenced, lighted and graveled parking area. Includes 3,190 SF steel industrial building, in need of repairs.
Lease 6: Vacant. 17.71 acres of undeveloped industrial-zoned land with 1,835' of frontage on I-75N.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$7,655
|
$222.21
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,655
|
$222.21
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $7,655 |
| Annual Per AC | $222.21 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $7,655 |
| Annual Per AC | $222.21 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $5,500,000 | Lot Size | 34.45 AC |
| Price Per AC | $159,651.67 |
| Price | $5,500,000 |
| Price Per AC | $159,651.67 |
| Lot Size | 34.45 AC |
34.45+/- Acre industrial site, suitable for subdividing into six separate parcels. Survey work completed. Huge value add opportunity.
DESCRIPTION
Tract 1: Vacant. 4.13 acre development site, suitable for retail, restaurant, hotel development. Adjacent to Buc-ees with frontage on I-75N exit ramp 310. Tract 2: Leased. 1.85 acres improved with 9,520 SF industrial building. Building features five drive-in doors, 2,760 SF office space, with outdoor fenced storage. Leased to equipment rental company. Tract 2a: Leased. Interstate billboard. Tract 3: Leased. 7.6 acres fenced, lighted and graveled parking area, 1,294 SF industrial building. Leased to a national flooring company for trailer storage. Tract 4: Leased. 5.16 acres, fenced, lighted and graveled parking area. Leased to a regional commercial tractor-trailer parking company. Lease 5: Vacant. 1.64 acres, fenced, lighted and graveled parking area. Includes 3,190 SF steel industrial building, in need of repairs. Lease 6: Vacant. 17.71 acres of undeveloped industrial-zoned land with 1,835' of frontage on I-75N.
PROPERTY TAXES
| Parcel Number | 059-017 | Total Assessment | $328,280 (2023) |
| Land Assessment | $213,920 (2023) | Annual Taxes | $7,655 |
| Improvements Assessment | $114,360 (2023) | Tax Year | 2022 |
PROPERTY TAXES
ZONING
| Zoning Code | I-1 (I-1 Zoning in Calhoun/Gordon County.) |
| I-1 (I-1 Zoning in Calhoun/Gordon County.) |
Presented by
273 Johnson Lake Rd
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