1959 Duluth HwyLawrenceville, GA 30043

Property Details for 1959 Duluth Hwy

Lot size

1.73 AC

Zone code

C2-GENERAL BUSINESS

Property type

Land

Property subtype

Commercial land

APN

7-081 -130

APU

7081130

Description

This 1.73-acre commercial parcel in Lawrenceville, GA, is ideally situated directly across from Sugarloaf Mills Mall, offering exceptional visibility and accessibility. Priced at $1,890,000, this property boasts Gwinnett County Board of Commissioners approval for an extended-stay hotel, making it "shovel ready." Utilities and sewer are readily available. Its location just 0.5 miles from I-85 ensures high visibility for travelers seeking overnight accommodations. The site's prominent frontage on Duluth Highway (Highway 120) guarantees excellent access and exposure to the mall's substantial daily foot traffic, particularly during peak weekend hours. Furthermore, its proximity to major thoroughfares like GA 316 (connecting Atlanta and Athens), Gas South Arena and Convention Center, Northside Hospital Gwinnett, CoolRay Field, and the Atlanta Ice Forum, significantly enhances its appeal and potential occupancy rates. The area also features a diverse mix of office, industrial, and retail spaces, restaurants, and shopping centers, creating a robust customer base. Preliminary discussions have indicated suitability for brands like Fairfield Inn and Suites by Marriott or Everhome Suites by Choice, though other options may be explored. The high demand for extended-stay hotels in this thriving location, coupled with its convenient access to public transportation, makes this a compelling investment opportunity. The property is also within walking distance of various amenities, including Chick-fil-A, Kroger, Publix, and numerous other retail establishments.

• Alternative Use

  Use

  Valuation

  Residential

  $15,137,702

  Hospitality

  $13,866,054

  Educational

  $11,536,394

  Medical

  $11,933,148

  Retail

  $17,945,502

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.9774

Longitude

-84.0816

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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