4664 Cobb Pkwy N

Description

High-Visibility 7.69 Acre Commercial Land | Mixed LRO/NRC Zoning for Flexible Retail/Office Marketing description Property Description: 4664 Cobb Pkwy N, Acworth, GA 30101 (Parcel ID: 20003700110) Asking Price: $3,050,000 ($396,620/Acre) High-Visibility 7.69 Acre Commercial Land | Mixed LRO/NRC Zoning for Flexible Retail/Office Development | 50K+ ADDT on Cobb Pkwy Corridor Property Overview This 7.69 acre vacant commercial parcel presents a strategic development opportunity in Acworth's dynamic Cobb Pkwy (US 41) corridor, Cobb County. Featuring extensive frontage on Cobb Pkwy N and easy access to I-75 (1 mile south), the site is well-suited for retail, office, mixed-use, or hospitality projects. The mixed zoning-LRO (Low-Rise Office) for low-scale professional offices/non-retail uses (e.g., nursery schools, banks) and NRC (Neighborhood Retail Commercial) for enclosed retail/services (e.g., shopping centers, restaurants)-offers flexibility in a high-growth area. Utilities available on-site; Key Highlights (Buyer Triggers for Quick Evaluation) Site Size: 7.69 Acres (334,976 SF)-large enough for multi-phase development or pad subdivision Frontage & Access: Extensive on Cobb Pkwy N (US 41); Zoning Mix: LRO/NRC (Cobb County)-LRO permits low-intensity offices/non-retail (e.g., professional services, daycares); NRC allows neighborhood retail/services in enclosed buildings (e.g., convenience stores, eateries). Confirm specific uses/setbacks with Cobb Planning & Development Utilities: Water, electricity, and sewer on-site (Cobb County Water System collection; treatment via Paulding County WRF per interlocal agreement-no moratoriums, but capacity allocation required for larger projects; 3-6 months process) Traffic & Exposure: 50,000+ ADDT on Cobb Pkwy (GDOT 2024)-premium visibility for drive-by traffic, ideal for retail/QSR Topography & Condition: Rolling / Level Topography; Contains creek and branches. Vacant land. Location Benefits: 1 mile to I-75 interchange; 5 miles to Kennesaw State University (25,000+ students); near Lake Allatoona (recreational draw) and Wellstar Health Park-strong for healthcare-adjacent or consumer-facing uses Demographics (5-Mile Radius, 2024): Population 98,500 (up 2.8% YoY); Avg. HH Income $92,300 (up 3.7% YoY); 28,000 households-affluent, growing base supports 10-15% annual retail spend growth Comps & Market Pricing: Recent land sales $350K-$450K/acre in corridor (up 6% YoY, CoStar); similar NRC sites transacted at $400K/acre average Value-Add Potential (Key Opportunities for ROI) Development Flexibility: Zoned for up to 75,000-100,000 SF buildable (est. based on setbacks/parking ratios confirm with proper inspections)-perfect for anchored retail strip, medical office, or hotel; fast-track entitlements (Cobb averages 4-6 months for rezoning variances if needed). Sewer Capacity Integration: On-site sewer via Cobb County (treatment by Paulding WRF)-current capacity supports smaller projects; larger developments may require allocation/waitlist (6-12 months). Wellstar's $1B Acworth hospital (1.5 miles south, groundbreaking 2026) includes utility upgrades, potentially unlocking additional capacity by 2027 Investment Triggers: Corridor retail vacancy 4.8% (CoStar Q3 2025); asking rents $20-$28/SF NNN (up 5% YoY)- Market Context (Acworth / Cobb Pkwy Corridor, Cobb County) Acworth's market thrives on I-75 connectivity and residential influx, with commercial land values up 6% YoY. Retail/office absorption +1.5 MSF YTD; cap rates 6.5-7.5% for stabilized assets. Proximity to Atlanta (30 miles south) and Lake Allatoona boosts consumer traffic. Disclaimer Every effort has been made to provide accurate information, but no liability is assumed for errors or omissions. Data sourced from Crexi listing (ID: 1825692), Cobb