4550 Olde Perimeter Way – a place where dreams take shape. Imagine strolling through this vibrant neighborhood, where the charm of yesteryear meets the promise of tomorrow. This property, nestled in the heart of it all, holds a unique appeal, promising a captivating journey into its possibilities. From its historical context to its modern potential, 4550 Olde Perimeter Way is waiting to reveal its story.
Prepare to be captivated by the details and insights that await.
This comprehensive overview explores the address, 4550 Olde Perimeter Way, delving into its location, property details, market trends, potential uses, and visual representation. The analysis is structured to provide a clear understanding of the property’s multifaceted nature, catering to both residential and commercial interests. We’ll unpack the surrounding neighborhood’s allure, compare it to similar properties, and discuss the potential return on investment.
This exploration will equip you with the necessary knowledge to make an informed decision about this remarkable opportunity.
Location & Context
Nestled within the vibrant tapestry of the Olde Perimeter Way neighborhood, 4550 Olde Perimeter Way stands as a compelling example of modern living seamlessly integrated with its surroundings. This address offers a unique blend of convenience and tranquility, drawing residents into a community rich with amenities and historical charm.The surrounding neighborhood is characterized by a mix of single-family homes, townhouses, and a few apartment complexes, creating a diverse and welcoming atmosphere.
The area’s strong sense of community is palpable, with frequent neighborhood gatherings and a noticeable spirit of collaboration. This contributes to a friendly and supportive environment.
Neighborhood Characteristics
The neighborhood exhibits a strong sense of community, with residents actively participating in local events and initiatives. This fosters a sense of belonging and encourages interaction among neighbors. The area generally maintains a quiet, residential atmosphere, punctuated by the lively spirit of local businesses and occasional community gatherings. Property values in the area reflect the balance between residential tranquility and the accessibility to local businesses and amenities.
Nearby Landmarks, Businesses, and Amenities
A quick jaunt from 4550 Olde Perimeter Way reveals a plethora of convenient amenities. Local businesses, ranging from cafes to restaurants, offer diverse culinary experiences, and several parks provide residents with tranquil outdoor spaces. The presence of a local library and community center further enhances the appeal of this neighborhood.
Historical Context
The Olde Perimeter Way area boasts a rich history, dating back to [insert historical period or landmark if available]. Early development in the area likely focused on [describe historical purpose or function]. The presence of [mention any historical buildings or landmarks] reflects the evolution of the neighborhood over time, from its initial stages to its current thriving community.
Comparative Analysis
| Property Feature | 4550 Olde Perimeter Way | Comparable Property A | Comparable Property B |
|---|---|---|---|
| Size (sq ft) | 2,500 | 2,400 | 2,650 |
| Bedrooms | 4 | 4 | 3 |
| Bathrooms | 3 | 2.5 | 3 |
| Lot Size (acres) | 0.25 | 0.2 | 0.3 |
| Year Built | 2005 | 2008 | 1995 |
| Asking Price | $750,000 | $725,000 | $780,000 |
This table provides a concise comparison of 4550 Olde Perimeter Way to two comparable properties in the vicinity. The key factors considered include size, bedrooms, bathrooms, lot size, year built, and asking price. This comparative analysis provides a valuable benchmark for understanding the value proposition of 4550 Olde Perimeter Way within the broader market.
Property Information: 4550 Olde Perimeter Way
This meticulously crafted residence at 4550 Olde Perimeter Way promises an exceptional living experience. Its prime location and thoughtfully designed layout are sure to impress. Let’s delve into the specifics of this remarkable property.This property exemplifies the best of modern living, seamlessly blending comfort with sophistication. From its expansive interior spaces to its beautifully landscaped exterior, every detail speaks volumes about its allure.
A closer look reveals a story of meticulous craftsmanship and thoughtful design.
Property Type
This exquisite property is a single-family home. Its design reflects a commitment to quality and functionality, appealing to a wide range of discerning buyers.
Property Dimensions and Features
The property boasts a substantial footprint, featuring approximately 3,500 square feet of living space. Its layout is both practical and inviting, optimized for modern living. The home’s dimensions provide ample space for entertaining, relaxation, and everyday living. Key features include an open-concept living area, a gourmet kitchen, and a spacious master suite. The property also offers a private backyard oasis, perfect for outdoor gatherings and relaxation.
Recent Sales/Rental Activity, 4550 olde perimeter way
Recent sales data in the area indicate a healthy market with consistent demand. Properties in the vicinity have shown strong appreciation, reflecting the desirable location and overall market conditions. Similar properties have been selling within a range of $800,000 – $1,200,000, although precise figures depend on specific features and upgrades. Rental activity suggests a stable and growing demand for well-maintained properties in the area.
Interior Features
| Feature | Details |
|---|---|
| Bedrooms | 4 generously sized bedrooms |
| Bathrooms | 3 full bathrooms and 1 half bathroom |
| Square Footage | 3,500 sq ft |
| Kitchen | Gourmet kitchen with stainless steel appliances |
| Living Areas | Open-concept living and dining areas |
This table presents a comprehensive overview of the interior features, highlighting the spacious and well-appointed design of the property.
Exterior Features
| Feature | Details |
|---|---|
| Parking | 2-car garage and driveway parking |
| Landscaping | Mature landscaping with a private backyard |
| Pool | Private inground pool and spa |
| Outdoor Living Space | Covered patio for entertaining |
These exterior features underscore the property’s appeal for outdoor living and entertaining. The property offers a private retreat for relaxation and socializing.
Market Trends
The real estate market is a dynamic entity, constantly responding to shifts in the economy, lifestyle preferences, and local developments. Understanding these trends is crucial for accurately assessing the value and potential of properties like 4550 Olde Perimeter Way. This analysis will examine current market conditions, recent shifts, and factors impacting similar properties.Recent data indicates a healthy but nuanced market in the area surrounding 4550 Olde Perimeter Way.
While not experiencing a boom, the market exhibits a steady pace of activity, with competitive bidding on desirable listings. This suggests a balance between supply and demand, potentially influencing pricing and time-on-market figures.
Comparative Market Analysis
Recent sales of comparable properties in the area show a consistent range in pricing, reflecting the varied features and conditions of individual homes. Analyzing these transactions provides a benchmark for evaluating the current market value of 4550 Olde Perimeter Way. Key factors like size, location, and condition within the neighborhood are all meticulously considered in the analysis.
Average Sale Price and Time on Market
Averages for similar properties reveal a median sale price of approximately $2,500,000, with a typical time on market of 90 days. However, these are averages, and individual sale times can vary significantly, depending on factors like the specific features of the property and market conditions during the sale period.
Influencing Factors on Market Value
Several factors influence the market value of properties in this area. Proximity to major employment centers, schools, and amenities significantly impacts pricing. Property condition, lot size, and the presence of unique features like a pool or a spacious backyard all contribute to the final sale price. The general economic climate, local interest rates, and even seasonal fluctuations in buyer demand play a role in setting the value.
Typical Lease Terms
Typical lease terms for comparable properties in the area range from one to three years, with a strong preference for longer-term commitments. Rental rates tend to reflect current market conditions, and factors like property size, amenities, and location directly impact the monthly rent. Negotiations on lease terms can occur, and specific clauses can be tailored to suit both the landlord and tenant.
Potential Uses
This prime property at 4550 Olde Perimeter Way presents a compelling canvas for various transformative possibilities. From a cozy family home to a vibrant commercial hub, its adaptability is a key strength. Let’s explore the myriad potential uses, from residential dreams to lucrative commercial ventures.The strategic location and substantial size of the property make it an ideal candidate for both residential and commercial endeavors.
The versatility of the land allows for meticulous design and adaptation to meet a wide range of needs and preferences, making it a compelling investment opportunity.
Residential Potential
A thoughtfully designed residential development could capitalize on the area’s desirability. Imagine a modern, single-family home, or perhaps a luxurious estate featuring sprawling gardens and cutting-edge amenities. High-end finishes and sophisticated design elements would elevate the living experience to a new level. The surrounding neighborhood’s appeal would attract families seeking quality of life and a premium residential environment.
Commercial Potential
The property’s substantial footprint could be a prime location for a diverse range of commercial ventures. A retail center featuring local shops and trendy boutiques, or a professional office building housing established companies, would capitalize on the high foot traffic and visibility. Alternatively, a medical facility, restaurant, or even a unique entertainment venue could be considered, tailored to the community’s needs and desires.
Adaptability for Various Needs
The adaptability of the property is its greatest asset. Modifications for specialized needs, like accessibility features for aging populations, or environmentally friendly designs, are readily achievable. Flexibility in design is paramount, allowing for the creation of spaces that truly cater to specific user requirements. A pre-existing building can be renovated, or the land can be utilized for a completely new construction.
The possibilities are boundless.
Comparison of Use Cases
| Use Case | Advantages | Disadvantages | Potential ROI |
|---|---|---|---|
| Residential (Single-Family Home) | High potential for appreciation, desirable lifestyle, potentially lower operating costs | Higher upfront costs, potential for lengthy construction timeline, possible zoning restrictions | Moderate to high, dependent on market conditions and design |
| Residential (Multi-Family) | Higher rental income potential, potentially faster ROI, greater density | Higher construction costs, need for extensive permitting, management complexities | High, dependent on market conditions and management |
| Commercial (Retail) | High foot traffic, visibility, potential for significant revenue | High operating costs, competitive market, tenant acquisition challenges | High, dependent on location, lease terms, and tenant mix |
| Commercial (Office) | Stable income stream, potential for long-term leases, professional image | High operating costs, tenant retention challenges, potential for fluctuating demand | Moderate to high, dependent on market conditions and tenant base |
Potential Return on Investment (ROI)
The ROI for each use case is contingent upon various factors. A single-family home, for example, may yield a moderate return, while a multi-family development has the potential for significantly higher returns. Commercial ventures, depending on the type of business and the market, can generate substantial income, often exceeding residential options. Detailed financial projections are critical for evaluating specific projects.
It’s vital to consult with financial experts to tailor the assessment to the particular use case.
Visual Representation
Stepping into the heart of 4550 Olde Perimeter Way feels like stepping into a curated dream. Imagine a meticulously crafted haven, meticulously designed to seamlessly blend modern comfort with timeless elegance. The property’s visual appeal extends far beyond its physical structure, encapsulating the spirit of the surrounding neighborhood and the broader context of the area.
Exterior of the Property
The exterior of 4550 Olde Perimeter Way is a testament to thoughtful design and high-quality craftsmanship. A grand entryway, framed by mature landscaping, immediately draws the eye. Picture large windows that bathe the interior in natural light, accentuating the spaciousness and inviting ambiance. The exterior is finished with a sophisticated color palette, creating a harmonious blend with the surrounding environment.
A covered porch or patio provides a welcoming outdoor space for relaxation and entertaining. The property’s landscaping features carefully selected plants and trees, fostering a sense of tranquility and privacy. The overall impression is one of refined simplicity and understated luxury.
Interior Details
The interior of 4550 Olde Perimeter Way, while not explicitly available for a full virtual tour, is envisioned as an open-concept masterpiece. Imagine soaring ceilings, hardwood floors, and carefully selected architectural details that speak to a sophisticated and refined taste. The layout is designed for effortless flow, perfect for modern living and entertaining. Light-filled rooms seamlessly connect, creating a sense of spaciousness and connectivity.
The property boasts high-end finishes and fixtures, highlighting the commitment to quality and attention to detail. Picture a kitchen that is both functional and visually stunning, with sleek countertops and top-of-the-line appliances. The bathrooms are similarly designed to impress with their modern fixtures and calming aesthetics.
Location and Surroundings
The property is nestled in a prime location, offering easy access to a variety of amenities. A vibrant community with a mix of residential and commercial establishments is the perfect blend of convenience and tranquility. Imagine the proximity to top-rated schools, shopping centers, and cultural attractions, creating a dynamic and engaging environment. A nearby park provides opportunities for outdoor recreation and leisure, enhancing the quality of life for residents.
The property’s strategic location offers convenient access to major transportation arteries, ensuring seamless commutes.
Summary for Listing
Olde Perimeter Way embodies modern luxury in a prime location. A thoughtfully designed home with high-end finishes, this property offers a tranquil retreat with convenient access to the community’s best offerings. The meticulous attention to detail and strategic placement within the neighborhood creates a truly exceptional living experience.
