4664 Cobb Pkwy N, Acworth, GA 30101
High-Visibility 7.69 ± Acre Commercial Land | Mixed LRO/NRC Zoning for Flexible Retail/Office
Marketing description
Property Description: 4664 Cobb Pkwy N, Acworth, GA 30101 (Parcel ID: 20003700110)
Asking Price: $3,050,000 ($396,620/Acre)
High-Visibility 7.69 ± Acre Commercial Land | Mixed LRO/NRC Zoning for Flexible Retail/Office Development | 50K+ ADDT on Cobb Pkwy Corridor
Property Overview
This 7.69 ± acre vacant commercial parcel presents a strategic development opportunity in Acworth's dynamic Cobb Pkwy (US 41) corridor, Cobb County. Featuring extensive frontage on Cobb Pkwy N and easy access to I-75 (1 mile south), the site is well-suited for retail, office, mixed-use, or hospitality projects. The mixed zoning—LRO (Low-Rise Office) for low-scale professional offices/non-retail uses (e.g., nursery schools, banks) and NRC (Neighborhood Retail Commercial) for enclosed retail/services (e.g., shopping centers, restaurants)—offers flexibility in a high-growth area. Utilities available on-site;
Key Highlights (Buyer Triggers for Quick Evaluation)
Site Size: 7.69 ± Acres (334,976 SF)—large enough for multi-phase development or pad subdivision
Frontage & Access: Extensive on Cobb Pkwy N (US 41);
Zoning Mix: LRO/NRC (Cobb County)—LRO permits low-intensity offices/non-retail (e.g., professional services, daycares); NRC allows neighborhood retail/services in enclosed buildings (e.g., convenience stores, eateries). Confirm specific uses/setbacks with Cobb Planning & Development
Utilities: Water, electricity, and sewer on-site (Cobb County Water System collection; treatment via Paulding County WRF per interlocal agreement—no moratoriums, but capacity allocation required for larger projects; 3–6 months process)
Traffic & Exposure: 50,000+ ADDT on Cobb Pkwy (GDOT 2024)—premium visibility for drive-by traffic, ideal for retail/QSR
Topography & Condition: Rolling / Level Topography; Contains creek and branches. Vacant land.
Location Benefits: 1 mile to I-75 interchange; 5 miles to Kennesaw State University (25,000+ students); near Lake Allatoona (recreational draw) and Wellstar Health Park—strong for healthcare-adjacent or consumer-facing uses
Demographics (5-Mile Radius, 2024): Population 98,500 (up 2.8% YoY); Avg. HH Income $92,300 (up 3.7% YoY); 28,000 households—affluent, growing base supports 10–15% annual retail spend growth
Comps & Market Pricing: Recent land sales $350K–$450K/acre in corridor (up 6% YoY, CoStar); similar NRC sites transacted at $400K/acre average
Value-Add Potential (Key Opportunities for ROI)
Development Flexibility: Zoned for up to 75,000–100,000 SF buildable (est. based on setbacks/parking ratios confirm with proper inspections)—perfect for anchored retail strip, medical office, or hotel; fast-track entitlements (Cobb averages 4–6 months for rezoning variances if needed).
Sewer Capacity Integration: On-site sewer via Cobb County (treatment by Paulding WRF)—current capacity supports smaller projects; larger developments may require allocation/waitlist (6–12 months). Wellstar's $1B Acworth hospital (1.5 miles south, groundbreaking 2026) includes utility upgrades, potentially unlocking additional capacity by 2027
Investment Triggers: Corridor retail vacancy 4.8% (CoStar Q3 2025); asking rents $20–$28/SF NNN (up 5% YoY)—
Market Context (Acworth / Cobb Pkwy Corridor, Cobb County)
Acworth's market thrives on I-75 connectivity and residential influx, with commercial land values up 6% YoY. Retail/office absorption +1.5 MSF YTD; cap rates 6.5–7.5% for stabilized assets. Proximity to Atlanta (30 miles south) and Lake Allatoona boosts consumer traffic.
Broker Contacts
Harrison Watson, Senior Director Century 21 Results | Ocean Commercial P: 770-314-2920 | O: 770-889-6090 Email: cpcgcre@gmail.com
Aaron McLaughlin, Director Bridge 2 Invest P: 678-521-5043 | O: 770-889-6090 Email: aaronmclaughlin@bridge2invest.com
Disclaimer
Every effort has been made to provide accurate information, but no liability is assumed for errors or omissions. Data sourced from Crexi listing (ID: 1825692), Cobb County GIS/qPublic (Parcel 20003700110), CoStar Q3 2025, GDOT, and zoning codes. Prospective buyers should verify zoning (LRO/NRC mix), utilities (including sewer capacity via Cobb Water System), and environmental status via official records or qualified inspector.
Investment highlights
Surrounding Area Report: Acworth / Cobb Pkwy Corridor (Cobb County, GA)
Location and Demographics
The 7.69 ± acre parcel is positioned in unincorporated Cobb County along the high-traffic Cobb Pkwy (US 41) corridor, just north of Acworth city limits and 1 mile from I-75. This location leverages proximity to Lake Allatoona (recreational draw), Kennesaw State University (5 miles south), and Atlanta's northwest suburbs, making it ideal for neighborhood retail, office, or mixed-use under NRC (Neighborhood Retail Commercial) and LRO (Limited Residential Overlay) zoning.
Demographic Summary (5-Mile Radius, 2024 Estimates):
Population: 98,500 (up 2.8% YoY)
Households: 28,000; Avg. HH Income: $92,300 (up 3.9% YoY)
65+ Population: 11,800 (12%; up 8% YoY)
Owner-Occupied Units: 19,500
This affluent, suburban demographic (median age 38) supports demand for convenience retail and services; verify via U.S. Census ACS 2024.
Market Snapshot: Commercial Land / Retail-Office (Cobb County / Acworth Submarket, Q3 2025)
Cobb County's commercial market remains resilient amid metro Atlanta's stabilization, with land values driven by I-75 access and population growth (Cobb ranked #3 fastest-growing GA county in 2024). The corridor's retail/office absorption is strong, though office vacancy persists post-pandemic. Key metrics (; CoStar Q3 2025):
Retail Vacancy: 4.8% (down 40 bps QoQ; submarket 4.1%)
Asking Rents: $20–$28/SF NNN (up 4.5% YoY; corridor average $24/SF)
Net Absorption: +1.5 MSF YTD (retail/office; +12% YoY)
Land Sales Velocity: 1.8 MSF transacted Q3 (up 10% YoY; avg. $375K/acre)
Under Construction: 900K SF retail/office (mostly corridor pads); cap rates 6.0–7.0% for stabilized sites
Overall Commercial Context (Supports NRC/LRO Flexibility):
Industrial Vacancy: 7.9% (metro; Cobb 6.5%)—net absorption +1.8 MSF Q3
Office Vacancy: 19.2% (metro; Cobb 16.8%)
Multifamily Vacancy: 8.7% (up 30 bps YoY; avg. rent $1,680/unit)
Cobb's 10% population growth (2020–2025) and $2B+ infrastructure investments support land prices at $350K–$400K/acre (up 6% YoY);
Industrial and Economic Momentum (2024–2025)
The corridor's $1.5B+ investments focus on healthcare, transportation, and sports tourism, adding 4,000 jobs. Key projects:
Wellstar Acworth Hospital Expansion: $1B, 230-bed facility approved October 21, 2025 (groundbreaking Q1 2026; completion 2028); 675K SF with 70 ED bays, adding 1,500 jobs and $20M+ utilities (sewer mains). Serves Cobb/Paulding/Cherokee/Bartow; relieves Kennestone's 98.5% occupancy. Source: Atlanta News First
I-75 Northwest Corridor Express Lanes Extension: $500M Phase II to Acworth (design 2024; construction 2025–2027); new Akers Mill Rd ramp opened January 24, 2025, reducing congestion 25%. Source: Cobb County Courier
Cobb Pkwy Widening (US 41): $150M from Acworth to Kennesaw (widening to 6 lanes; Phase I complete Q3 2025); enhances corridor capacity. Source: Cobb County DOT
LakePoint Sports Complex Expansion: $100M Phase III (new fields/retail); opened Q2 2025, drawing 2M+ visitors/year; 1,300-acre campus with 170K SF Champions Center. Source: Acworth.com
Cobb Innovation District (KSU): $300M mixed-use near Kennesaw State University (office/retail pads); entitlements Q4 2025; supports STEM building groundbreaking (February 2024, completion 2026). Source: Cobb Courier
Cumulative Milestones: 40+ business expansions since 2020; $1.2B capital invested, 3,500 jobs created (per Cobb Chamber data through Q3 2025); 2025 highlights include I-575 interchange upgrades. Source: Cobb Chamber of Commerce Homepage
Residential & Mixed-Use Momentum (2024–2025)
Cobb issued 8,500+ permits (up 12% YoY); Acworth median home $425K (up 5.1%). Key projects:
Bentwater (Pulte Homes): 200+ single-family homes in gated golf community; sales opened Q1 2025 ($400K–$550K); amenities include 18-hole course, pools, tennis. Source: Team Lee Homes
The Georgian (DRB Homes): 150-unit single-family community; move-ins April 2025; part of DRB's Atlanta expansion. Source: DRB Homes Georgia
Governors Towne Club Expansion: Acquired January 7, 2025 by Evergreen Partners; 150-acre future development for 300+ estates + amenities (golf, spa, aquatics); $500K+ homes. Source: Evergreen Partners News
Acworth Downtown Redevelopment: $50M mixed-use (retail/townhomes); Phase I delivered Q3 2025; includes pedestrian overpass, Depot Park enhancements. Source: Acworth.com Revitalization
Brookstone West: 80-townhome project by Beazer Homes; Phase I Q2 2025 ($350K–$450K); community now sold out with one remaining single-family home available for quick close. Source: Beazer Homes Brookstone West
Cobb Pkwy Assemblage: 12-acre mixed-use at 3300 Cobb Pkwy (290 multifamily units, 130-key hotel, 110K SF retail); approved December 2024, entitlements mid-2025. Source: MDJ Online
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