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    1212 Sommerset Dr Lawrenceville, GA 30043

    For Sale
    $120,000

    Unimproved Land - Lawrenceville, GA

    Type:Unimproved Land
    Lot size:
    0.78 Acres
    Days on Market:
    252
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 1212 Sommerset Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    R
    APN
    R7092 028
    Lot size
    0.78 Acres

    Building Details

    Architectural style
    Other

    Virtual Properties Realty (770) 495-5050 [email protected]

    Listing agent Syed Firoz (770) 495-5050

    Listing date Apr 7, 2025

    MLS# 7534216 Listing URL

    Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Development Opportunity in Lawrenceville

    This 0.78-acre unimproved land presents a residential development opportunity in Gwinnett County. The property is located in Lawrenceville, GA, and benefits from its proximity to shopping, dining, and Interstate 85. The site has connections to water, gas, and electric utilities. The location is within an excellent school district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.975404
    Latitude
    34.022694

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    FAQs

    What type of property is this?
    Land - Residential development opportunity in Gwinnett County, close to schools and amenities.
    Where is this land located?
    The property is located at 1212 Sommerset Dr Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Residential development opportunity in Gwinnett County; - Excellent school district; - Close proximity to I-85
    (770) 495-5050
    Request Owner's contact information
    1212 Sommerset Dr Lawrenceville, GA 30043
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    Lawrenceville, GA 30043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1212 Sommerset Dr Lawrenceville, GA 30043
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