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Development Land on Highway 129
For Sale
$2,500,000

2948 Athens Highway, Gainesville, GA 30507

A 42.19+/- acre assemblage positioned on high-traffic US Highway 129 with planned roadway widening and sewer infrastructure upgrades.

Property Size1 SF
Lot Size42.19 Acres
Price / SF$2,500,000
Days on Market654

Property Features for 2948 Athens Highway

General Information

Standard status Active
Size 1 SF
Lot size 42.19 Acres
Property subtype General Commercial

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,386

Amenities

A/C - Other
3
Parking.
Other Parking.
42.189998626708984

Building Details

Year Built 1939
Listing Agency: eXp Realty
Listed By: Basil Malouf · License #314415
Source: Xome
Added: Nov 12, 2024 Changed: Aug 8 Last Checked: Aug 28 at 7:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This offering presents 42.19+/- acres of development land in an assemblage format, presented as a single opportunity for future planning. The property is being positioned alongside active public improvements, including a DOT project to widen Highway 129 to four lanes.

The site is located on US Highway 129 (State Hwy 11) near Interstates I-985 and I-85, supporting convenient regional access. In addition to the roadway expansion, the remarks indicate a forced main sewer will be installed on Baker Road, intended to provide critical infrastructure for large-scale development.

For buyers seeking additional land, the neighboring properties at 2932 and 2920 Athens Highway (totaling approximately 63 acres) are also available for sale under separate ownership, with the combined total discussed as 105+ acres. Showings are by appointment only.

Key Highlights

  • 42.19+/- acre development assemblage on high‑traffic US Highway 129 (State Hwy 11).
  • Active DOT project underway to widen Highway 129 to four lanes.
  • Forced main sewer planned for installation on Baker Road.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Restaurant Storage Facility Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 30507, GA

30,573
Population
9,496
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
73%
High-School Grad
70.8 sq mi
ZIP Area
432
Density / Sq Mi
$74,782
Median Household Income
$34,286
Median Earnings
$1,163
Median Rent
$236,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - A 42.19+/- acre assemblage positioned on high-traffic US Highway 129 with planned roadway widening and sewer infrastructure upgrades.
Where is this commercial land located?
The property is located at 2948 Athens Highway Gainesville, GA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 42.19+/- acre development assemblage on high‑traffic US Highway 129 (State Hwy 11).; Active DOT project underway to widen Highway 129 to four lanes.; Forced main sewer planned for installation on Baker Road.
More about this property
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