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DEVELOPMENT OPPORTUNITY+ 100 Acres
Pegasus ParkwayLaGrange, GA
Minutes from Downtown LaGrange
andWest Point Lake SPECIAL PROPERTIES GROUP
AVERY FARMS
AVERY FARMS
Pega
sus
Park
way W. Lukken Industrial Drive
West Po
int Road
© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
For more information, please contact:
W. Gregory Haynes, SIORSenior Vice President+1 [email protected]
SPECIAL PROPERTIES GROUP
Property
Addresses
Zoning
Road Frontage (approximate)
Traffic Count at West Point Roadand Lukken Extension
Utilities
Commercial Corners
Access
+ 100 acres at intersection of Lukken Industrial Drive Extension and Pegasus Parkway in LaGrange, Troup County, Georgia
151,155,175 Avery Lane, LaGrange, Georgia (3 rental houses generating $24,000 annual rental income)
88 acres commercial Cs with lake and greenspace (zoned for agriculture) net Cs 64.38 acres; 28 acres residential multi-family Rs with lakes and greenspace net Rs 23.05 acres (approximately 216 units) expandable into adjacent AFF land
Lukken north and south 1400’ 1400’Lukken west of Pegasus 350’ 400’Pegasus north or Lukken 900’Pegasus south of Lukken 2000’West side north of Lukken 850’West side south of Lukken 1200’North side of West Point Road next to Lee Cross Tires 290’
See DOT Traffic Study justifying traffic signal at intersection
Water: City of LaGrangeElectricity: Diverse PowerNatural Gas: City of LaGrangeSanitary Sewer: available (see plat and meeting report)Cable and Internet: City of LaGrange
Four at intersection of Lukken & Pegasus with potential expansion through joint venture with neighbors; potential for additional corners at Pegasus/West Point Road (Sims-Lee Tire), Lukken at West Point Road, and Pegasus (curb cut between Lukken and Sims)
Four County/City commercial standard access points (Lukken at West Point Road and Pegasus), Pegasus at West Point Road to Lukken and potential for more access
CBRE+1 404 504 7900www.cbre.us