Price: $3,552,855 | FMLS#: 5803376
Welcome to Sugar Pike Road
This property is 60.961 acres bounded by Sugar Pike Road, Gantt Road, and Old Brown Road in the Hickory Flat area of East Cherokee County. It is 3 miles from the City of Milton and 5 miles from Alpharetta, two of the most affluent city demographics in the state of Georgia. Zoning of Sugar Pike is AG (Agricultural), and can be developed “as-is” with 2 acre lots on septic.
The site has a craftsman-style house on the property in excellent condition with 2 bedrooms, 2 full baths, and a modern kitchen. This property is directly across Sugar Pike Road from Brannon Estates subdivision, which has 82 lots, and is zoned R-60. Homes in that neighborhood range from the mid-$400’s to $800’s. Milton, Georgia, is just to the South with estate home prices up to multi-millions.
The Hickory Flat area of Cherokee County within 5 miles of the site is 30,841, which is a 14.8% increase from 2010. The labor force is 88% white collar/services and 12% blue collar. Median household income is $99,351. Housing is 84.5% owners and 10.7% renters. ESRI projects that 1,089 new households will be added and the median income will increase to $106,920 by 2021.
Special Impacts Projects
The new Cherokee Northside Hospital opened in late 2017, employing 1,500 employees, which is an increase of 300 from the old hospital. Since opening, the Hospital has added two floors and is expected to again reach capacity in the near future. The Northwest Corridor project is approximately 30 miles of high speed special access, reversible, managed lanes along I-575 feeding into I-75. It will open late Summer 2018 and is being called a “game-changer” for Cherokee County, resetting commute times to years past.
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This property is Listed and Marketed exclusively by Owen Allen and Company, and The Good Group. Contact Bob Allen at 404-697-2921 or Robert Good at 770-874-9210. All information is provided by Seller and is believed accurate. No warranty or guarantee is made by the Listing Brokers, and information is subject to change without prior written notice.