286 Four Points Rd - Specialty FOR SALE


Jackson, GA 30233
$5,200,000 USD
678-283-0136
286 Four Points Rd, Jackson, GA for Sale
$5,200,000 USD
Specialty - FOR SALE
1/32
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NEW


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 ±56,176 SF, plus three storage buildings and a horse barn
  • Unmet demand for residential substance abuse treatment beds will total 2,075 beds today; and total 2,227 beds by 2029. See Unmet Demand Analysis
  • There are no for-profit residential drug treatment facilities within a 30-mile radius of the property
  • Demographics (30-Mile Radius): Average household income is $95,488. Average net worth is $950,309. Average home value is $307,999

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. 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 residential 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, and intermediate care home 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 who will provide continuing supervision including emergencies. And complies with 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 39.6 miles from the Atlanta Airport. From CoStar last 12 months, MSA Behavioral conversions sold vacant for an average of $570.81/SF. Weitz reports 2025 assisted living construction will average $353 per SF replacement cost without land, land prep, and architect fees for the existing facility. The CoStar average price per acre in Butts County is $283,5913 per acre.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.19 AC

LAND SF

792,356 SF

ZONING

R-4

APN/PARCEL ID

00450-024-000

ASK ABOUT THIS PROPERTY

Ernie Anaya, MBABull Realty Inc.More Info
678-283-0136

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Ernie Anaya, MBABull Realty Inc.More Info
678-283-0136

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