286 Four Points Rd - Specialty FOR SALE


Jackson, GA 30233
$5,750,000 USD
404-876-1640
286 Four Points Rd, Jackson, GA for Sale
$5,750,000 USD
Specialty - FOR SALE
1/32
null | Request Cap Rate

286 Four Points Rd
Jackson, GA 30233


HIGHLIGHTS

  • 42 suites suitable for 84 beds with double occupancy. There is a small apartment used by live-in cook on one of the residential buildings
  • Three buildings totaling ±56,178 SF, plus three storage buildings and a horse barn with two stalls
  • Third building has ±2,550 SF with 3-4 offices, reception area and bathroom. Sales include one passenger van and fairly new John Deere tractor
  • Unmet demand for residential substance abuse treatment beds will total 2,075 beds today; and total 2,227 beds by 2029
  • There are no for-profit residential drug treatment facilities within a 30-mile radius of the property
  • Property is 39.6 miles from Hartsfield-Jackson Atlanta International Airport

OVERVIEW

Bull Realty is pleased to present this facility that is currently an active licensed 48-bed personal care home built in 2002 on an ±18.16-acre campus. The facility is comprised of three main buildings totaling ±56,178 SF, three storage buildings totaling ±1,052 SF, and one barn totaling ±1,140 SF. The property is located in the Atlanta bedroom community of historic Jackson, Georgia. Potential conversion to Drug Treatment. The property has two residential buildings totaling 42 suites with direct access to a bathroom, which could be licensed for 84 beds (at 60 SF per double occupant for a Drug Treatment Facility.) Each building has its own kitchen and dining room. All utilities and septic are on site. The property’s R4 zoning supports the following approved uses by right: personal care home, intermediate care home, and rooming house uses. Intermediate Care Home Definition: Intermediate care home means a facility which admits residents on medical referral. It maintains the services and facilities for institutional care and has a satisfactory agreement with a physician and dentist who will provide continuing supervision including emergencies. It otherwise complies with the rules and regulations contained in chapter 290-5-9: Intermediate Care Homes (Rules of the Georgia Department of Human Resources). Use as a drug treatment facility will depend on zoning approval by Butts County. The facility is located 5.5 miles from WellStar Sylvan Grove Medical Center and 39.6 miles from the Atlanta Airport. According to Weitz, today’s assisted living construction will average $356 per SF in 2024 or $19,999,368 replacement cost for the existing facility. The current median price of land per acre in Butts County is $48,223 per acre or $875,729 for the 18+ acres.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Potential Conversion to Drug Treatment

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

18.19 AC

LAND SF

792,356 SF

ZONING

R4

APN/PARCEL ID

00450-024-000

ASK ABOUT THIS PROPERTY

Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.