This gently rolling 18.7 +/- acre tract is extremely well-positioned as another residential development in an already thriving residential corridor. The subject property is tucked between 2 residential developments who are both close to bringing homes to the market. The property boasts ample road frontage with roughly 1,500′ on Spout Springs Road. Site is mostly wooded with some cleared land. Topography is gently sloping down off of Spout Springs Road. There are several small structures on the property. All utilities available including public water and sewer.
Located in the hottest residential growth market in Hall County and a short walk to the #2 selling subdivision in all of Georgia, this tract is perfectly positioned to continue the residential growth along Spout Springs Road. In addition to Sterling on the Lake, there are 2 large scale residential developments that have broken ground over the last 24 months: 1) a 106 acre tract that is nearly developed and approved for 187 units and 2) a 53 acre tract approved for 130 units which broke ground in 4Q18. Site has tremendous access to the major thoroughfares of I-985 and I-85. The medical industry is expanding quickly with NEGMC Braselton opened in 2015 less than 5 miles from the site. The area has become home for multiple medical users including three new developments that opened 3Q17 with over 100,000 SF of fully leased medical office space. Annual population growth of 2.84% within 3 miles and average annual incomes of $107,065 within 1 mile. In the Spout Springs Elementary (0.4 mi), CW Davis Middle (4.6 mi) and Cherokee Bluff High (0.6 mi) School Districts.