1319 Scenic HwyLawrenceville, GA 30045

Property Details for 1319 Scenic Hwy

Year built

2006

Construction

WOOD

Lot size

2.65 AC

Property size (Sq ft)

5,496 SF

Zone code

C2-GENERAL BUSINESS

Property type

Turn key restaurants

APN

5-074 -355

APU

5074355

Description

This exceptional 7.68-acre commercial lot presents a remarkable opportunity for developers seeking a prime location in Gwinnett County, Georgia. Situated between Lawrenceville and Snellville, this property enjoys a highly visible position at the intersection of Scenic Highway and Webb Gin House Road, benefiting from significant traffic volume—42,900 vehicles daily on Scenic Highway, according to the Georgia Department of Transportation. The parcel is zoned O&I (Office & Institutional) within unincorporated Gwinnett County, offering a diverse range of permitted uses. These include general office space, medical offices, auto dealerships, banking facilities, houses of worship, and educational institutions. The expansive acreage provides ample space for a variety of development projects, allowing for significant flexibility in design and construction. This ready-to-develop site is ideal for entrepreneurs and investors looking to capitalize on the strong growth and high demand in this thriving area. The property's strategic location and versatile zoning make it an attractive investment with substantial potential for long-term returns. Bring your vision and architect to transform this exceptional land into a successful commercial venture. The property is priced at $1,400,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,417,847

  6.5%

  $1,308,782

  7%

  $1,215,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,584,783

  Geo Method

  $1,584,783

• Alternative Use

  Use

  Valuation

  Residential

  $1,104,006

  Hospitality

  $1,011,264

  Educational

  $841,360

  Medical

  $870,295

  Retail

  $1,308,782

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.8986

Longitude

-84.0068

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].