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    1220 Progress Center Ave Lawrenceville, GA 30043

    Sponsored
    For Sale
    $899,000

    4.86-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.86-acre industrial lot, located at 1220 Progress Center Ave in Lawrenceville, Georgia (zip code 30043), presents a unique investment opportunity. Zoned M-1 for industrial use, this property boasts a prime location within the Gwinnett Progress Center, offering easy access to Highway 316 and proximity to the Gwinnett County Airport. The gently sloping lot is a corner lot, providing excellent visibility and accessibility. All utilities are readily available. This site is ideally suited for the construction of a substantial industrial building

    Property Features for 1220 Progress Center Ave

    General Information

    Property type
    Land
    Lot Size
    211,702 SF

    HighLights

    • M1 Industrial Zoning.
    • Excellent Lawrenceville location within Gwinnett Progress Center.
    • Corner lot.
    • Convenient Highway 316 access.
    • Near Gwinnett County Airport.
    • Level topography.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9528829
    Latitude
    33.9919474

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    FAQs

    What type of property is this?
    Land - 4.86-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 1220 Progress Center Ave Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: M1 Industrial Zoning.; Excellent Lawrenceville location within Gwinnett Progress Center.; Corner lot.
    Request Owner's contact information
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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
    1220 Progress Center Ave Lawrenceville, GA 30043
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