1298 Old Norcross RdLawrenceville, GA 30046

Property Details for 1298 Old Norcross Rd

Lot size

3.14 AC

Property size (Sq ft)

136,778 SF

Property type

Office properties

Property subtype

Mixed-use properties

Description

This exceptional 3.14-acre property at 1298 Old Norcross Road, Lawrenceville, GA, presents a unique redevelopment opportunity. Priced at $1,450,000 ($461,780 per acre), this mixed-use land offers significant potential for investors. The property comprises two parcels: R7006 008, zoned O-I (Office-Institutional), and R7006 050, zoned RS-150 (Residential). The O-I zoning allows for a wide range of commercial uses, including medical offices, educational institutions, and professional services. Permitted uses also include lodging establishments, daycare facilities, and various other commercial and institutional buildings. The RS-150 zoning on the second parcel provides residential development potential within a thriving community. The property boasts a total square footage of 136,778, with 1,064 square feet of net rentable space in a single, one-story building. Its strategic location on Old Norcross Road provides high visibility and easy access to major highways, including I-85 and GA-316. The area offers numerous amenities, including shopping centers and restaurants, enhancing the property's appeal. This prime location in a rapidly growing area of Gwinnett County ensures long-term value and growth, making it an attractive investment for developers seeking a blend of commercial and residential development. Utilities are readily available on-site.

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.9541

Longitude

-84.0335

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