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0 Spout Springs Rd
Flowery Branch, GA 30542
Commercial Sites - Sterling on the Lake · Land For Sale
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4.17 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 4.17 AC |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.17 AC |
DESCRIPTION
Located in the hottest market in Hall County, these commercial outparcels are perfectly positioned to serve the residential growth along Spout Springs Road. Specifically, the adjacent Sterling on the Lake has 1,177 occupied homes with a total of 2,003 units planned. In the last 12 months, Sterling on the Lake has sold 128 homes at an average price of $360,288. The medical industry is expanding quickly with Northeast Georgia Medical Center opened in 2015 less than 5 miles from the site. The area has become home for multiple medical users including three new developments that opened Summer of 2017 with over 100,000 SF of fully leased medical office space. Explosive population growth in the area with a 3.12% annual growth rate within 1 mile and an average annual income of $110,325 within a 5 mile radius.
PROPERTY TAXES
| Parcel Number | 08-00114-02-031 | Improvements Assessment | $1,016,720 |
| Land Assessment | $354,920 | Total Assessment | $1,371,640 |
PROPERTY TAXES
