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PROPERTY HIGHLIGHTS

Comments: This opportunity consists of 40.58+/- acres currently zoned R-40 which allows 40,000 sq. ft. lots or approximately 1 unit/home per acre. The Property is surrounded by R-20 zoned property which allows a density of up to 2 units per acre. According to Cherokee County GIS, Camp Lane terminates at the Subject Property line and would allow for an extension of the road into the property. The Property has convenient access to Interstate 75, Interstate 575, Highway 92, Highway 41, and all of the North West Metropolitan Atlanta area. This property is situated in the Etowah High School District and adjoins the Corps of Engineers land surrounding Lake Allatoona.

Location: The Subject Property is located on Camp Lane in Land Lot 906 of the 21st Cherokee County, Georgia.

Size: 40.58+/- Acres (a portion of this property lies within the 100 year flood plain)

Zoning: R-40 Cherokee County, which allows lots with a minimum of 40,000 sq. ft. The Future Development Plan for Cherokee County shows the Subject Property in the Suburban Living Category which does allow R-20, R-15, and RD-3

Possible Uses: R-20, R-15, or RD-3 which should allow a density in the range of 1.5-2.4 units per acre. If Sanitary Sewer access cannot be achieved, R-20 (20,000 sq. ft. lots) may likely be the highest and best use.

Utilities: All utilities except sanitary sewer are available to this property subject to independent verification. Sanitary Sewer is in the area but would require the installation of a lift station and force main sewer lines.

Asking Price: $800,000.00

Information contained herein has been obtained from the owner of the property or from other sources we deem reliable. We have no reason to doubt its accuracy but cannot guarantee that it is correct.