1955 Mcgee RD new

Snellville,GA 30078

$ 525000

- Bed

- Bath

1407 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,407 sqft

Price per Sqft $373

MLS Listing ID 7645112

Year Built 1978

Annual Tax Amount $1,920

Tax Year 2024

Lot Size 1.740 Acres

Property Sub-Type Mixed Use

Property Description

Prime Investment Opportunity

Unlock the potential of this exceptional residential development on commercial land in one of Snellville's most sought-after areas. Situated at 1955 McGee Road SW, this property offers an incredible opportunity for investors looking to capitalize on the rapid growth of the surrounding neighborhood, where homes are selling for over $700K just across the street as well as many neighborhoods nearby averaging 460K.

Key Features:

CI Zoning (Commercial Intensive): The CI zoning offers a broad range of possibilities, from residential development to commercial use. This zoning provides flexibility for various types of developments, such as multi-family units, townhomes, or mixed-use projects, all while retaining the potential for commercial activity.

Residential Development on Commercial Land: While zoned CI, the property is well-suited for residential development, allowing you to blend residential and commercial projects, maximizing the land's potential.

No HOA: Enjoy the freedom of no Homeowners Association restrictions, offering you full control over your development plans.

Investor Opportunity: With a rapidly appreciating neighborhood, this is an ideal location for an investor looking to develop luxury homes, multi-family units, or other residential projects.

Prime Location: Located in a high-demand area, with a vibrant community and strong potential for future growth, making it a solid investment for years to come.

Whether you're looking to develop a residential community or hold for future appreciation, this property provides endless possibilities. Don't miss out on this outstanding investment opportunity in Snellville—schedule a tour today!

Location

State GA

County Gwinnett

Zoning CI

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central Air

Flooring Carpet,Hardwood

Equipment None

Exterior

Parking Features See Remarks

Fence None

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available

Waterfront Description None

View Y/N Yes

View Trees/Woods

Roof Type None

Building

Lot Description Other

Story Two

Foundation None

Sewer Septic Tank

Structure Type Other

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