694 Old Snellville HwyLawrenceville, GA 30046

  • Land
  • 2,335 SF
For Sale
$1,400,000 View listing

Property Details for 694 Old Snellville Hwy

Year built
1965
Lot size
1.49 AC
Property size (Sq ft)
2,335 SF
Zone code
C2-GENERAL BUSINESS
Property type
Land
Property subtype
Commercial land
APN
5-108 -012
APU
5108012

Description

This 1.49-acre commercial land parcel in Gwinnett County, Georgia, is ideally situated at the corner of Sugarloaf Parkway and Old Snellville Highway in Lawrenceville (zip code 30046), boasting excellent visibility and frontage on Sugarloaf Parkway. Zoned C-2, this property is perfect for a user who doesn't require a Special Use Permit, offering immediate development potential. The high-traffic location sees over 40,000 vehicles daily, with the site conveniently positioned at a traffic light intersection on the inbound side of the street. The property is adjacent to a YMCA, further enhancing its appeal and accessibility. Priced at $1,400,000, this parcel presents a significant opportunity. The land is divisible into two 0.75-acre lots, with potential individual pricing of $750,000 and $650,000 respectively, should a buyer choose to subdivide. This prime location offers exceptional exposure and is ready for immediate development. The property is not located within the city limits of Lawrenceville.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $469,042
    Hospitality
    $429,640
    Educational
    $357,455
    Medical
    $369,749
    Retail
    $556,042
694 Old Snellville Hwy, Lawrenceville, Georgia
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Location Insight

City
Lawrenceville
County
Gwinnett
State
Georgia
Latitude
33.9199
Longitude
-84.005
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,206
$175,520
-
$175,520
-
$438,800
-
$438,800

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