Property Listing No Longer Available for Sale

831 Williams Lake Road, Powder Springs, GA

Land for Sale - $2,383,000 - 23.83 acres


Property Info

CIMLS#915714
Location
  831 Williams Lake Road
  Powder Springs GA 30127
UpdatedApril 23rd, 2019
TypeLand
Price$2,383,000
Land23.83 acres

Property Description

Containing 23.83 acres, the property has 353' of frontage on State Hwy 92 and 1103' along Williams Lake Rd. 13,740 VPD on Hwy 92 and 2910 on Williams Lake Rd. Visibility to both highways is exceptional. The property is zoned B1: General Business. Zoning plans show a mix of retail and office uses. Topography is gently sloping. County water is available & sewer can be accessed via outfall improvements. Power, Gas, Phone and Cable are located at the property boundaries. There are no known wetlands or flood plain on the property.

This area has seen 199% population growth rate over the last 20 years. The ARC expects additional population growth of 172% for Paulding County by 2030. With the infrastructure improvements and plenty of affordable property, this area could exceed those numbers! Owner may consider sub-dividing property based on a proposal and conformance with overall site plan. Please contact agent for additional site plans & to schedule a visit. There are multiple tenants in rental houses on the property so please pre-schedule your site visit.

Owner Financing available to qualified buyers.

This property is located in southeast Paulding Co. between the cities of Hiram & Douglasville. The subject resides at the southeast corner of the signalized intersection of State Hwy 92 and Williams Lake Rd. This area of Paulding County is poised for strong growth due to three recent infrastructure plans. 1.) Georgia DOT has completed preliminary plans for the widening of State Route 92 from Hiram to Douglasville and will begin easement acquisition this summer. 2.)Paulding & Cobb County reached an agreement several years ago to secure 10 million gallons of daily sewer treatment capacity for the Sweetwater Creek basin. The sewer outfall necessary to serve this area is nearly complete. 3.) Paulding Co. recently started construction of the East Hiram Bypass and started design for the widening of the Bill Carruth Parkway. These improvements will greatly assist in the growth of southeast Paulding by removing traffic bottlenecks on State Hwy 92 and U.S. Hwy 278 in Hiram to the north. An additional catalyst for the area is the purchase of 100 acres at the intersection of Hwy 92 and Ridge Road (just north of subject) by Greystone Power for the future corporate headquarters.


Financials



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