Two Adjoining Parcels | ±1.41 Acres | Commercial Development Opportunity
$900,000
1461 Grayson Hwy, Lawrenceville, GA 30045
1,944 sqft
Building Size
1.41 acres
Lot Area
Details:
Highlights:
- ±1.41-acre commercial development opportunity
- Two adjoining parcels on busy Grayson Highway
- ±46,900 VPD (2024 GDOT); future 6-lane highway
- ±0.7 miles from Sugarloaf Pkwy
- In front of The Whitby (330+ units)
- Surrounded by established residential communities
- Near Kroger, Starbucks, McDonald’s, and other national retailers
- 187,000+ population within 5 miles
- $120,000+ average household income
- C1 zoning; adjacent to C2 properties
- Sewer available; existing curb cuts
Description:
Fantastic development opportunity with these two C1 zoned adjoining commercial parcels on busy Grayson Highway in growing Gwinnett County that total approximately 1.41 usable acres!
Located approximately 0.7 miles south of Sugarloaf Pkwy, 3.3 miles southeast of Lawrenceville and ±1.7 miles north of Grayson, these parcels face 4-lane (soon to be 6-lane) Grayson Hwy which sees over 46,000 vehicles per day (2024 GDOT).
The lots are situated directly in front of The Whitby, an apartment and townhome community with over 330 units. Immediately surrounding the lots is also heavily residential including Willow Trace, Grayson Park Estates, Grayson Ridge and more.
Nearby retail establishments include Buffalo Wild Wings, Dollar Tree, Blue Marble Academy, Sherwin Williams, McDonald’s, Kroger and Starbucks to name a few.
Excellent demos in this location include a current population over 187K within 5 miles with an average household income over $120K. The population is expected to increase by 1.37% annually by 2031.
Properties are currently zoned C1 but previously held C2 status and are adjacent to other C2 zoned businesses. The parcels are currently on a septic system, but sewer is available to connect to at the nearby Sherwin Williams location or across the street. Both sites already have curb cuts onto Grayson Highway.
The two parcels are priced at $900,000. A third site (±1.28 acres), just north of the second site but not adjoining it, is also available for $700,000.
Two adjoining commercial parcels on Grayson Highway in Lawrenceville, Georgia, approximately 0.7 miles south of Sugarloaf Parkway and about 3.3 miles southeast of Lawrenceville.
Documents:
| Title | ||
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| Offering_Memorandum.pdf |
Location
Gallery
