5220 Oak Grove Circle, Cumming, GA Sale Brochure
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1 5220 Oak Grove Circle, Cumming, GA Sale Brochure Exclusively Listed and Presented by: Rich Wedekind Perimeter Brokers Commercial Real Estate Services LLC 4180 Providence Road, Ste. 103 Merchants Walk Office Park Marietta, GA Office Mobile E-Fax The enclosed sale memorandum is believed to contain accurate information; however, no liability is assumed for errors or omissions. The offering is subject to prior sale, change or withdrawal without notice, and to approval by the owner.
2 Executive Summary This is an offering for a +/ acre tract of land that has a sewer line running diagonally across the front 1/3 of the land. The land is primarily open fenced pasture being used as an operating horse farm (rented to an operator). The main tract is improved with a horse barn with an small apartment above it, an equipment/storage building. In addition there is a three bedroom/two bath home that fronts along the north side of Oak Grove Circle that is also rented. Location: The land is located along the north side of Oak Grove Circle approximately.9 miles west of Highway 9 and +/- 3 miles from the intersection of Hwy 400 and Settendown Road in unincorporated Forsyth County. The house is located at 5220 Oak Grove Circle and the adjacent horse farm has the address of 5150 Oak Grove Circle, Cumming, GA Description: The property was surveyed in August 2015 at +/ acres. There is a +/- 20 wide sewer easement with an installed sewer line running through the front 1/3 portion of the main tract and bisects the property running SW to NE along Squattingdown Creek. A three bedroom/two bath log home with a two car garage fronts along the north side of Oak Grove Circle on approximately 2 acres. The main portion of the property is approximately 42 acres of open fenced pasture areas and wooded areas particularly along the creek. The property has its high point at the rear (north end) of the main tract and slopes gently downward toward the creek and the sewer line. From this high point there is a view of Sawnee Mountain to the south. This downward slope should allow gravity fed sewer lines from potential new build to the sewer line. Thus, there may not be the necessity of having to have a sewer lift station for future development. The subject is known as Tax Parcel # Forsyth County, Georgia. List Price: $1,500,000 or +/- $33,900 per acre Year Built: +/ (house) Utilities: The house and apartment over the barn are on septic. However there is a 20- wide sewer easement with an installed sewer line along Squattingdown Creek that bisects the southern portion (near Oak Grove Circle) of the property which has the potential for being connected to with future development. County water is available on Oak Grove Circle and electric power is at the house and serves the barn/equipment facility on the horse farm. Area Land Uses: The adjoining properties are executive style homes on acreage or small horse farms. Just to the east of the subject land on Hwy 9 is a new swim/tennis single family development called Whisper Point. Also on Hwy 9 is Orchard Lake which has sold out Phase I and is now selling in a new phase. Across Hwy 9 from Orchard Lake is a new single family development called Settendown Reserve which has approximately 12 homes under construction. The immediate area is showing very strong demand for new single family homes. Zoning: AG Agricultural Schools: The High School is North Forsyth, the Middle School is North Forsyth and the Elementary School is Silver City. This is a sought after school district and is rated by Greatschools.com as an 8 and 9 out of a top score of 10. The enclosed sale memorandum is believed to contain accurate information; however, no liability is assumed for errors or omissions. The offering is subject to prior sale, change or withdrawal without notice, and to approval by the owner.
3 Survey dated August 2015 SEWER LINE SEWER LINE Oak Grove Circle NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners.
4 Location Map NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners.
5 Location Map NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners.
6 Location Map NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners.
7 Aerial NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners.
8 Aerial NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners.
9 Photos View of Equipment Building Fenced Pasture Horse Barn with Apartment Above View Looking North Along Main Access to Horse Farm View from Oak Grove Circle looking North into the Horse Farm Sewer Manhole Located on the Property
10 Photos View Looking Along Sewer Easement Gravel Entrance Road into the Main Portion of the Land View of Another Area of Fenced Pasture Horse Corral Area NOTE: The above information is believed to be accurate, however is not warranted by Perimeter Brokers, Inc. or the property owners Open Rolling Land Interior View of Horse Barn
11 Photos South side View of Barn View Along Oak Grove Circle, Subject Land on the Left North Exterior of Horse Barn Side Access to Horse Barn
12 Photos Aerial of Area Developments & Subject Property Picture of a New Home in Whisper Point Development Just East of Subject. New Home in Orchard Lake Development on Hwy 9 approx. 1 mile east of Subject.
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