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Sugar Pike - Equestrian Estate - East Cherokee land for sale - 60+ Acres

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Published by THE GOOD GROUP, 2019-04-30 18:27:48

Sugar Pike - Equestrian Estate

Sugar Pike - Equestrian Estate - East Cherokee land for sale - 60+ Acres

Sugar Pike Road
60+ Acres | East Cherokee County


LAND FOR SALE 60+ beautiful acres with creek, pond,
barn, pasture
60 Acres
Includes a 2BR House to live in
while building your dream home,
Rent out, or use as a property
caretaker house.

East Cherokee County; lower taxes
than nearby Milton, Fulton County

Desirable rural area with upscale
equestrian style

Easy commute to Milton, Cumming,
Hickory Flat, Canton, Holly Springs,
Alpharetta and Woodstock

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


60 Acres 4324 Sugar Pike Road

This property is located about ½ mile from the
intersection of Lower Union Hill Road and
Sugar Pike Road with gas stations, restaurant,
retail.

It is also about 3 miles from the commercial
and shopping area of Hickory Flat with stores
including Publix, SunTrust, Wells Fargo, CVS,
Wendy's, Mc Donald's, Waffle House,
Bojangles, Shell Oil, liquor store, medical
offices, UPS, and more.

The property itself is bordered by roads on 3
sides: Sugar Pike Road, Gantt Road, and
Old Brown Road, making for multiple points of
access if development is desired.

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


LAND FOR SALE

Overview
The Sugar Pike site 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 c6ra0ftAsmcraens-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.

Nearby home sales are typically in the mid $400’s to the $800’s.

Comparable offerings of the 2-acre residential lots nearby are in the $150-175MM range.

Demographics
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.

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 in 2018 and is being called a
“game-changer” for Cherokee County.

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


60 Acres 4324 Sugar Pike Road

$3,552,855

Property Highlights

• 60.961 Total Acres
• $55,000 per Acre
• Price includes the 2BR house at the corner

of Old Brown Road (currently Tenant Occupied)
• Currently Zoned AG
• Develop “as-is” with 2-acre lots on Septic
• Next to affluent neighborhoods such as Brannon

Estates with homes in the $600’s
• Only minutes to Milton, Hickory Flat, Cumming,

downtown Canton, Holly Springs, Alpharetta
and Woodstock.

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


LAND FOR SALE

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


4324 Sugar Pike Road

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


LAND FOR SALE

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


4324 Sugar Pike Road

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


LAND FOR SALE

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


4324 Sugar Pike Road

Conceptual Site Plans

3 Large Estate Lots: Approximately 20 acres each, 21 new smaller Homesites: 2 to 7+ acres each,
accessible via Sugar Pike Road, Old Brown and Gantt accessible via sugar Pike, Old Brown and and Gantt

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


LAND FOR SALE

PRE-DESIGN MEETING WITH CHEROKEE COUNTY

Bob Allen (co-Listing Broker, Owen Allen & Company) and Phil Morrissey (VP Engineering, The Good Group) attended a meeting at Cherokee
County August 31, 2017 to discuss the County’s comments and concerns on the potential subdivision.

The County confirmed that the zoning is AG and does allow minimum 2-Acre lots with this zoning. Minimum 150-feet wide. The flag lots are allowed.
Maximum pole length of 400-feet with a minimum width of 30 feet. No buffers along adjacent properties will be required.

It will be important to get the Health dept started on the septic location for each lot which will need to be on the preliminary plat. There will be one
approval for the preliminary location of drain fields for the plat, and then each builder will need to get a final septic permit.

The individual driveways on to the existing road will be allowed, but the road shoulders and ditches will need to be brought up to code. A sight-
distance calculation will need to be done for each driveway. Individual mailboxes are allowed.

Fire hydrants spacing will need to achieve 1,000 feet hose lay to the proposed house locations. There are some existing hydrants, but there are
obviously not enough. Budget $50 per linear foot for 8” ductile iron pipe to extend the main on Old Brown Road. Also might need to consider running
a fire hydrant down a couple of flag lots. The 6-inch hydrant lateral pipe can be 500-feet maximum.

The trees need to be surveyed or we can do sampling instead. It looks like most of the trees are on just a few lots. The arborist said that the County is
not worried about us meeting the tree ordinance because most high-end developments like this end up exceeding the minimum number of trees.

We will need to get any streams and wetlands delineated even if we don’t plan to impact them. We will need to do an analysis of the dam almost the
same as if it were a categorized Georgia dam. Except that we only submit to Cherokee and not to the State. We will need to get a geotechnical
inspection of the dam and run a dam breach analysis because there is existing residential downstream. I asked if they had a breach analysis of the
upstream pond offsite, and they think they might and will look for it. They have all the recent HEC-RAS files that were used to generate the latest
maps, so they can give us that for running our dam break analysis. There is a detailed guide available on the Engineering page of the County’s
website.

Phasing the project might be problematic because they have a 2-year rule on replatting. Final plats do not need to be approved by the BOCC. All
submittals are through the new online permitting portal.

THE GOOD GROUP | Robert Good: 770-874-9210 OWEN ALLEN & COMPANY | Bob Allen: 404-697-2921


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