$825,000
( )
 $4,429 est/mo Sourced by Back At You

8695 Knox Bridge Highway , Canton, GA 30114

Canton, GA 30114

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Description

Welcome to this perfect .98 acre property situated along HWY 20, offering 124 feet of road frontage and boasting an average daily traffic count of 15,000. The future looks bright for this prime location, with an eventual DOT widening project set to increase traffic counts and necessitate DOT compensation for additional road property required to 4-lane HWY 20 from Cartersville to Canton. Currently operating as a 2-unit Duplex featuring 2 bedrooms and 1 bath in each unit, this property presents an excellent opportunity for rental income as its commercial value continues to rise. Whether you're considering commercial use, awaiting commercial zoning approval, or exploring annexation possibilities, this property offers flexibility and immediate rental income. The back portion of the property opens doors for further development possibilities, potentially accommodating an additional duplex or a single-family home with county or city annexation. Positioned in a future land use commercial and neighborhood corridor, alongside other commercial properties in Cherokee County, there's a chance to annex into the City of Canton for expanded commercial or multi-family applications. Moreover, enjoy the proximity to the master-planned community of River Green Neighborhood, set to feature 1,200 homes, as well as nearby neighborhoods like Bridgemill. Don't miss this opportunity to invest in a property with promising prospects and a strategic location poised for growth and development. Contact us today to learn more and seize this lucrative investment opportunity!

Details

MLS#10433557
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1973
Days On Site14
Listing Provided ByAtlanta Communities | Carl H. Hawthorne

Features

Building(s)1
ZoningR40
Acreage0.98

Market Activity 30114

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StateGA
CountyCherokee
CityCanton
Zip Code30114
Listing VS Median (in 30114)
Price:
$825,000
low | high
Med:
$524,934
86.371696969697% of Average
On Site:
14
low | high
Med:
187.500000
7.466666666667% of Average
Sourced by Back At You
Listing Updated: January 16, 2025 at 2:04:18 AM PST