For Sale
$1,917,000

295 Old Peachtree RdSuwanee, GA 30024

2.79 Acres, C-2 Zoning, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 2.79-acre commercial land parcel, located at 295 & 299 Old Peachtree Rd NW in Suwanee, Georgia (zip code 30024), presents a unique investment opportunity. Zoned C-2, this property boasts tremendous visibility and high traffic counts due to its prime location near the intersection of Old Peachtree Road and the new McGinnis Ferry Road off-ramp from I-85. The property benefits from its proximity to a significant amount of new residential development, including approximately 300 townhomes and 500 single-family homes on McGinnis Ferry Road, as well as a 20-acre, three-story apartment complex nearby. The land is situated adjacent to I-85 North (out of Atlanta), providing exceptional access and exposure. A $12M+ construction project for the McGinnis Ferry Road on-ramp is slated for completion in 2023, further enhancing the property's value and accessibility. Existing infrastructure includes a commercial driveway, with county approval already secured for a second driveway. Sewer access is available across the street, and a cell tower is located on one corner of the property. The asking price is $1,917,000, translating to a land value of $15.77 per square foot. This property is ideal for a variety of commercial uses, including hotels, convenience stores, gas stations, or other commercial ventures. There are no known land problems.

Highlights

  • 2.79-acre commercial land parcel in Suwanee, GA (30024) at 295 & 299 Old Peachtree Rd NW.
  • Prime location at McGinnis Ferry Rd and Old Peachtree Rd intersection, near I-85.
  • High traffic counts and excellent visibility due to proximity to new residential development and I-85.
  • C-2 zoning.
  • Ideal for hotel, convenience store, gas station, or other commercial uses.

Property Details for 295 Old Peachtree Rd

Property type
Land
Lot Size (sq. ft)
121,532 SF

Location Insight

City
Suwanee
County
Gwinnett
State
Georgia
Latitude
34.0227869
Longitude
-84.0541106
295 Old Peachtree Rd, Suwanee, Georgia

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295 Old Peachtree Rd
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