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Investment Highlights
- ±3+ acres of developable land just off Lawrenceville Highway
- Close proximity to Lawrenceville Highway
- Current zoning: RT-H – allows up to 10 townhome units per acre by right
- Within Gwinnett County Public School District
- Strong residential growth corridor with nearby new townhomes selling around $500,000
Executive Summary
The land is currently zoned R75, allowing 10 townhome units per acre by right, offering a clear and executable path to development. For developers seeking greater yield, a potential rezoning to MU-R could increase density to up to 30 units per acre, significantly enhancing project feasibility, returns, and overall site value. This site is well-positioned for a townhome or higher-density residential project within Gwinnett County, in a proven growth corridor with strong exit fundamentals.
Property Facts
| Price | $400,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.44 AC |
| Property Type | Land | ||
| Zoning | RT-H - Residential | ||
| Price | $400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 3.44 AC |
| Zoning | RT-H - Residential |
1 Lot Available
Lot
| Price | $400,000 | Lot Size | 3.44 AC |
| Price Per AC | $116,279.07 |
| Price | $400,000 |
| Price Per AC | $116,279.07 |
| Lot Size | 3.44 AC |
Description
This nearly 4-acre parcel is ideally located just off Lawrenceville Highway, offering excellent access to a major commercial corridor in a rapidly growing area. The property is surrounded by active residential development, including a nearby new townhome community with homes selling around $500,000, reflecting strong demand and continued growth in the immediate market. The site is currently zoned R75, allowing for up to 10 townhome units per acre by right. There is also meaningful upside potential, as a rezoning to MU-R could allow for up to 30 townhome units per acre, significantly increasing density and development potential for a future project.
Property Taxes
| Parcel Number | 6-144-003A | Improvements Assessment | $0 |
| Land Assessment | $74,320 | Total Assessment | $74,320 |
Property Taxes
Presented by
444 Gober Rd - 444 Gober Rd
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