One of the most attractive pieces of commercial real estate in Greater Rome has been sold. Hardy Realty’s Jimmy Byars had the Berry Crossing site listed and it now carries “SOLD” across the banner.
Byars says two local businessmen have purchased the property and have plans to develop it. Several tenant discussions already are under way, he adds. The new owners’ group is called Two Old Tigers, LLC.
The 3.45-acre site is primed for quick development. Three pads have been in place since the overall project (5.8 acres) started with the construction of the CVS store at the corner of Martha Berry and the Bypass, which opened in the spring of 2009. The existing bank branch (now Wells Fargo) was quickly remodeled as well to incorporate a new look akin to what was planned at Berry Crossing. Initial reports showed the site would feature some 20,000 square feet of retail and restaurant space.
It was expected to develop quickly, mostly because of its location on the crossroads of two major highways as well as “medical mile,” Redmond Road. Rumors at the time — now nine years old — included a potential Publix location and even a Cracker Barrel even though the “pads” appeared to have been designed for mostly smaller locations.
Tax records show the previous ownership as Berry Crossing LLC out of Alpharetta. The appraised value last year was $1.23 million and more than $63,000 in current and past taxes are owed, according to the file.count on Redmond, the Bypass and Martha Berry should make this a winner.